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Melrose Industries PLC
Previous close
$6.55
Day range
$6.40 - $6.93
Year range
$5.27 - $8.74
Market cap
6.75B GBP
Avg Volume
7.07K
P/E ratio
-
Dividend yield
-
Primary exchange
LON
In the news
Financials
Income Statement
Revenue
Net income
(GBP) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 871.00M | 6.67% |
Operating expense | 233.00M | 43.38% |
Net income | -40.00M | 92.45% |
Net profit margin | -4.59 | 92.93% |
Earnings per share | — | — |
EBITDA | 59.00M | -27.16% |
Effective tax rate | 23.81% | — |
Balance Sheet
Total assets
Total liabilities
(GBP) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 189.00M | 71.82% |
Total assets | 7.12B | 0.66% |
Total liabilities | 4.06B | 18.86% |
Total equity | 3.06B | — |
Shares outstanding | 1.32B | — |
Price to book | 2.82 | — |
Return on assets | -1.09% | — |
Return on capital | -1.76% | — |
Cash Flow
Net change in cash
(GBP) | Jun 2024info | Y/Y change |
---|---|---|
Net income | -40.00M | 92.45% |
Cash from operations | -45.00M | 33.82% |
Cash from investing | 500.00K | -99.87% |
Cash from financing | 99.00M | 121.85% |
Net change in cash | 54.50M | 140.07% |
Free cash flow | 45.06M | -43.41% |
About
Melrose Industries plc is a British aerospace manufacturing company based in Birmingham, England. It is the parent company of GKN Aerospace. The company's shares are listed on the London Stock Exchange as a constituent of the FTSE 100 Index.
Melrose Industries was founded in 2003 by David Roper, Christopher Miller and Simon Peckham. In terms of business practices, the company aimed to buy and turn around underperforming businesses. Melrose has acquired, and in some cases also sold numerous engineering companies, including Dynacast, McKechnie, FKI, Elster, Nortek, and GKN. Its acquisition techniques have allegedly included hostile takeover tactics; Melrose has also been publicly criticised for issuing high paying performance linked incentive schemes to its top executives. In 2023 Melrose Industries plc demerged GKN Automotive and GKN Powder Metallurgy from GKN as Dowlais Group, transforming itself to a focused aerospace business. Wikipedia
Founded
2003
Website
Employees
13,863