Streetbeat News

MLSPF

Melrose Industries Plc.

https://www.melroseplc.net

CEO

Simon Peckham

Industry

Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing

Open

6.98

Mkt cap

8.7B

Volume

High

6.98

P/E Ratio

-168.50

52-wk high

8.74

Low

6.74

Div yield

0.01

52-wk low

5.27

Melrose Industries PLC saw a 2.5% increase in its share price after UK Labour leader Keir Starmer reiterated plans to boost defence spending to 2.5% of GDP.

Portfolio Pulse from

December 18, 2024 | 2:45 pm

Melrose Industries PLC's latest trading update indicates that its positive forward guidance has outweighed concerns about ongoing supply-chain issues, leading to a surge in its stock price.

Portfolio Pulse from

November 18, 2024 | 9:45 am

Melrose Industries PLC reported ongoing supply chain issues affecting production in its Engines and Structures divisions, impacting results for the period between July and October.

Portfolio Pulse from

November 18, 2024 | 7:45 am

Melrose Industries PLC has been promoting the benefits of its risk and revenue sharing partnerships in the aero supply chain, with Citi estimating significant free cash flow growth by 2028.

Portfolio Pulse from

November 15, 2024 | 10:00 am

Melrose Industries PLC shares surged after Citi analysts forecasted higher-than-expected free cash flow due to revenue-sharing partnerships.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

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