for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Melrose Industries PLC

MRON.L

Latest Trade

109.60GBp

Change

0.70(+0.64%)

Volume

7,478,266

Today's Range

107.65

 - 

112.45

52 Week Range

72.00

 - 

309.40

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Pricing

Previous Close
108.90
Open
110.40
Volume
7,478,266
3M AVG Volume
255.96
Today's High
112.45
Today's Low
107.65
52 Week High
309.40
52 Week Low
72.00
Shares Out (MIL)
4,858.25
Market Cap (MIL)
5,290.64
Forward P/E
1,378.48
Dividend (Yield %)
--

Latest Developments

More

Melrose Industries HY Adj Operating Profit 56 Mln Stg Vs 541 Mln Stg

Melrose Industries Says Is Likely To Make Small Adjusted Operating Profit In HY

Melrose Industries Says 4 Months Group Sales Down About 20% Due To Covid-19

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About Melrose Industries PLC

Melrose Industries PLC is a United Kingdom-based company that is focused on acquiring manufacturing businesses. The Company’s segments include Aerospace, a multi-technology supplier of air frame and engine structures, including aerostructures, engine systems and special technologies; Automotive, which comprises Driveline, All Wheel Drive and e-Drive (together e-Powertrain) and Cylinder Liners businesses, a technology and systems engineer which designs, develops, manufactures and integrates a range of driveline technologies; Powder Metallurgy, which provides precision powder metal parts for the automotive and industrial sectors, as well as the production of powder metal; NortekAir & Security, which comprises the Company’s air management and security and smart technology businesses, and Other Industrial, which comprises its Ergotron, Brush and Wheels & Structures businesses.

Industry

Auto & Truck Parts

Contact Info

Leconfield House, Curzon Street

W1J 5JA

United Kingdom

+44.20.76474500

https://www.melroseplc.net

Executive Leadership

Justin Dowley

Non-Executive Independent Chairman of the Board

Simon Antony Peckham

Chief Executive, Executive Director

Christopher Miller

Executive Vice Chairman of the Board

David A. Roper

Executive Vice Chairman of the Board

Geoffrey P. Martin

Group Finance Director, Executive Director

Key Stats

1.93 mean rating - 15 analysts
Sell
Hold
Buy
Revenue (MM, GBP)

2017

2.1K

2018

8.6K

2019

11.6K

2020(E)

8.8K
EPS (GBp)

2017

9.800

2018

13.300

2019

14.300

2020(E)

0.079
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.56
Price To Book (MRQ)
0.73
Price To Cash Flow (TTM)
7.81
Total Debt To Equity (MRQ)
58.00
LT Debt To Equity (MRQ)
56.73
Return on Investment (TTM)
-2.35
Return on Equity (TTM)
-1.91

Latest News

Latest News

British stocks abandon gains as miners tumble; Melrose jumps

London shares closed lower on Thursday as miners weighed down the FTSE 100 index after optimism about more stimulus proved to be short-lived, while shares of Melrose jumped after it signalled a pick-up in some markets.

GKN owner Melrose sees pick-up in some markets after first-half profit slumps 90%

Engineering business owner Melrose Industries <MRON.L> said on Thursday there were signs of a pick-up in some of its markets, excluding aerospace, after the coronavirus crisis slashed its first-half profit by 90% and prompted job cuts.

Melrose profit dives 90% as COVID-19 hits aerospace, automotive sectors

Turnaround specialist Melrose Industries Plc <MRON.L> said on Thursday adjusted operating profit plunged 90% to 56 million pounds (55.88 million pounds) in the first half, hurt by a coronavirus-driven downturn in the aerospace and automotive sectors.

BRIEF-Melrose Industries Says From Mid-March, Deterioration Started To Be Seen & Was Experienced In End Markets

* FOLLOWING A SUCCESSFUL 2019, GROUP TRADED IN LINE WITH MANAGEMENT EXPECTATIONS FROM JANUARY THROUGH TO MID-MARCH

Melrose Industries says GM strike hurt automotive, powder metallurgy units

Turnaround specialist Melrose Industries Plc <MRON.L> said on Tuesday that a strike at U.S. automaker General Motors <GM.N> dented sales at its automotive and powder metallurgy units for four months.

Confident Melrose hikes dividend as profit rise lifts shares

Melrose Industries Plc <MRON.L> flagged its confidence in meeting full-year forecasts on Thursday as the turnaround specialist reported a better-than-expected first-half profit, despite weakness in its automotive business.

Melrose sees continued weakness in global automotive sector in H2

Melrose Industries Plc on Thursday warned that weakness in the global automotive market would persist in the second half of the year, but the turnaround specialist said it was confident of trading in line with its expectations this year.

GKN deal boosts Melrose's profit, eases economy worries

Melrose Industries' hard-fought takeover of British engineer GKN helped to boost 2018 profits at the turnaround specialist and ease analyst concerns about its ability to cope with a slowing global economy and weaker autos markets.

Melrose full-year adjusted pretax profit nearly triples

Turnaround specialist Melrose Industries Plc's full-year adjusted pretax profit nearly tripled, boosted by last year's hostile takeover of British engineer GKN.

Melrose to sell Walterscheid Powertrain Group for $262.7 million

Turnaround specialist Melrose Industries Plc said on Wednesday it plans to sell its off-highway powertrain applications business Walterscheid Powertrain Group to private equity firm One Equity Partners for about 200 million pounds ($262.7 million).

Melrose to sell Walterscheid Powertrain Group for $262.7 mln

Turnaround specialist Melrose Industries Plc said on Wednesday it would sell its off-highway powertrain applications business Walterscheid Powertrain Group to One Equity Partners, a U.S.-based private equity firm for about 200 million pounds ($262.68 million).

BRIEF-Melrose Industries Says Looks To Compulsorily Acquire Remaining GKN Shares

* NOW ACQUIRED, UNCONDITIONALLY CONTRACTED TO ACQUIRE OR RECEIVED VALID ACCEPTANCES OF OFFER IN RESPECT OF MORE THAN 90 PERCENT OF VALUE OF GKN

British government gives Melrose takeover of GKN the green light

Britain's business minister said there were no national security grounds to intervene in turnaround specialist Melrose's <MRON.L> takeover of UK engineering company GKN <GKN.L>, giving the deal the green light from government.

BRIEF-GKN quarterly sales drop 0.5 pct to 2.6 bln stg-Melrose

* GKN QUARTERLY SALES 2.599 BILLION STG VERSUS 2.611 BILLION STG YEAR AGO

BRIEF-Melrose Says Offer For Gkn Unconditional In All Respects

* MELROSE'S OFFER FOR GKN HAS BECOME UNCONDITIONAL IN ALL RESPECTS

BRIEF-Melrose Says Received Valid Acceptances Representing About 84.97 Pct Of GKN Voting Rights

* MELROSE INDUSTRIES PLC - MELROSE HAD RECEIVED VALID ACCEPTANCES REPRESENTING APPROXIMATELY 84.97 PER CENT

BRIEF-Melrose Industries Updates On GKN Offer

* ALL OUTSTANDING CONDITIONS TO GKN OFFER, SAVE FOR ADMISSION CONDITION, HAVE NOW BEEN SATISFIED OR WAIVED

BRIEF-Melrose Industries Says Received Valid Acceptances Of About 81.80 Pct Of Voting Rights Of GKN

* MELROSE HAS RECEIVED VALID ACCEPTANCES REPRESENTING APPROXIMATELY 81.80 PER CENT. OF VOTING RIGHTS OF GKN

BRIEF-FMR Raises Stake In Melrose Industries To 9.8 Pct From 7.84 Pct - Filing

* FMR LLC RAISES STAKE IN MELROSE INDUSTRIES PLC TO 9.8 PCT FROM 7.84 PCT Source text for Eikon: Further company coverage:

Melrose wins UK engineer GKN with £8 billion hostile bid

Melrose Industries has narrowly clinched an 8 billion-pound takeover of British engineer GKN, winning an acrimonious three-month battle for control of the FTSE 100 company.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up