RNS Number: 3167 C Melrose Industries PLC 14 June 2019 14 June 2019. Notification of Transactions of Persons. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 5169 A Melrose Industries PLC 29 May 2019 29 May 2019. The Company announces that it was informed that Justin Dowley, Non-executive Chairman, bought 23,737 Ordinary Shares of 48/ 7 pence each in the Company on 24 May 2019 at a price of 175.64 pence per share. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the...
RNS Number: 5489 Y Melrose Industries PLC 09 May 2019 9 May 2019. Results of Annual General Meeting. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 4155 Y Melrose Industries PLC 09 May 2019. Melrose Industries PLC publishes the following trading update for the four months from 1 January 2019 to 30 April 2019, ahead of its Annual General Meeting taking place later today.. Current trading in Melrose is in line with the Board's expectations.
RNS Number: 2731 V Melrose Industries PLC 05 April 2019. The 2018 Annual Report and Notice of Annual General Meeting. The Company's AGM will be held at 11.00 a.m. on 9 May 2019 at Barber-Surgeons' Hall, Monkwell Square, Wood Street, London EC2Y 5 BL..
RNS Number: 8774 U Melrose Industries PLC 03 April 2019 3 April 2019 MELROSE INDUSTRIES PLC CAPITAL MARKETS EVENT- AEROSPACE& AUTOMOTIVE. Melrose is hosting a presentation for institutional investors and financial analysts in London today, starting at 2 pm.. The event will be hosted by Melrose, and will include presentations from the CEOs of Aerospace and...
RNS Number: 7501 U Melrose Industries PLC 01 April 2019 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. Post-offer undertakings in relation to the acquisition of GKN plc by Melrose Industries PLC- report in...
The Company announces that it was informed that Patricia Lis, wife of non-executive Director David Lis, sold 3,500 Ordinary Shares of 48/ 7 pence each in the Company on 15 March 2019 at a price of 185.4384 pence per share. Mrs Lis subsequently purchased 3,500 Ordinary Shares of 48/ 7 pence each in the Company on 18 March 2019 at a price of 185.4495 pence per share.
RNS Number: 5076 S Melrose Industries PLC 11 March 2019 11 March 2019. The Company announces that 15,047 options to subscribe for 2017 Incentive Shares of £1 each in the capital of the Company were granted by the Remuneration Committee on 8 March 2019. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United...
Melrose Industries (MRO) outperformed board expectations over its full year, delivering adjusted pre-tax profits of £703m. The turnaround specialist saw its losses grow, largely due to costs and charges relating to its £8bn hostile acquisition of GKN in April. The North America aerostructures business is approaching its break-even point, while its automotive business is weathering a difficult backdrop. Shares nevertheless ticked up 6 per cent in morning trading. Buy.
Melrose Industries (MRO) outperformed board expectations over its full year, delivering adjusted pre-tax profits of £703m. The turnaround specialist saw its losses grow, largely due to costs and charges relating to its £8bn hostile acquisition of GKN in April. The North America aerostructures business is approaching its break-even point, while its automotive business is weathering a difficult backdrop. Shares nevertheless ticked up 6 per cent in morning trading. Buy.
Melrose Industries has announced its first full-year results since its £8bn acquisition of GKN last year, showing a rise in adjusted operating profits from £279m to £847m. At a statutory level, the industrial conglomerate made a £550m pre-tax loss after write-offs and bid costs, which includes eight months’ trading from GKN in the figures. Free cashflow from trading totalled £196m after restructuring, special pension contributions and tax costs. Chairman Justin Dowley says much has already been achieved in Melrose’s ownership of GKN and the company has “every confidence” that it will be able to “unlock substantial shareholder value” from the businesses.
Melrose Industries Plc (MRO.L) Announced, in its audited results for the year ended 31 December 2018, that revenues rose to £8,605.0 million from £2,092.0 million reported in the same period last year. The company’s loss before tax stood at £550.0 million compared to a loss of £28.0 million reported in the previous year. The basic loss per share stood at 12.0p compared to loss of 1.2p in the previous year. The company’s cash and cash equivalents stood at £415.0 million (Interim date 2017: £16.0 million).
§This outperformance has been achieved before including a £63 million positive impact from the required IFRS accounting treatment for loss-making contracts. §Adjusted 1 diluted earnings per share were up 36% on last year, with a proposed final dividend of 3.05 pence per share which is 9% up on last year, giving a full year dividend of 4.6 pence per share, up 10%.
Melrose Industries (MRO) shares were flat following the announcement that the buyer of industrial businesses had sold Walterscheid Powertrain Group, a provider of original equipment and aftermarket parts and services for off-highway powertrain applications, to US private equity group One Equity Partners. Meanwhile, Melrose subsidiary Fokker Aerospace has completed the sale of its minority 43.57 per cent interest in Soci�t� Anonyme Belge de Constructions A�ronautiques (SABCA), which manufactures components for aircraft and space launchers, to SABCA's majority shareholder, Dassault Belgique Aviation. The combined net proceeds of the sale are around �200m. Buy.
Melrose Industries is raising �200m by selling assets acquired in the takeover of engineering group GKN. Walterscheid Powertrain Group is being bought by private equity industry firm One Equity Partners. Separately, Melrose subsidiary, Fokker Aerospace has sold its 43.6% interest in Soci�t� Anonyme Belge de Constructions A�ronautiques, which manufactures components for aircraft and space launchers, to SABCA's majority shareholder, Dassault Belgique Aviation.
RNS Number: 9428 R Melrose Industries PLC 06 March 2019 06 March 2019 MELROSE INDUSTRIES PLC. Melrose Industries announces today that it has agreed to sell Walterscheid Powertrain Group,, a leading provider of original equipment and aftermarket parts and services for off-highway powertrain applications to One Equity Partners a US-based private equity...
After a slump in the company's share price, Melrose Industries (MRO) has finally found some bullish supporters. All hail from the firm's board: executive vice chairman David Roper, and non-executive directors Justin Dowley and David Lis have collectively dropped �2m on shares in a bid to shore up wider market support. Under review.
David Roper, executive Director, bought 643,602 Ordinary Shares at a price of 155.37 pence per Ordinary Share. David Lis, non-executive Director, bought 25,000 Ordinary Shares at a price of 156.7862 pence per Ordinary Share, Following this transaction, Mr Lis now holds an interest of 458,947 Ordinary Shares in the Company, representing approximately 0.009% of...
Shares in Melrose Industries (MRO) are nearly a third down on their May peak, as investors remain concerned by signs of global trade rifts. Today, the stock is up, after the company said cash generation and net debt were both trending in line with forecasts. And while revenues in the automotive division remain flat, aerospace and powder metallurgy are up 6 and 9 per cent respectively. Under review.
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Company Profile

Melrose, a specialist manufacturing investor, first floated on AIM in 2003 with the strategy of acquiring businesses whose operational performance can be improved to create shareholder value. The group moved to London's main exchange in December 2005.

Classification

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Locations

HQ
Leconfield House
Curzon Street
London
W1J 5JA
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