Melrose Industries PLC

MRO

GB00BNGDN821

Aerospace & Defense

Market Closed - London S.E. Other stock markets 11:35:07 2024-04-26 am EDT			5-day change	1st Jan Change
640.4 ^GBX	+2.43%		+2.83%	+12.87%

Apr. 26	Boeing, GKN Aerospace close deal for St. Louis site	RE
Apr. 09	European Equities Close Lower in Tuesday Trading; Defense Stocks Sink After Goldman Outlook	MT

New Melrose Industries CFO Gregory buys GBP100,000 in shares

March 12, 2024 at 05:50 am EDT

Melrose Industries PLC - Birmingham, England-based aerospace firm - Chief Financial Officer Matthew Gregory buys 16,670 shares at 596 pence, worth GBP99,353, on Monday. The purchase is Gregory's only holding. He became CFO of Melrose this month, after Geoffrey Martin stepped down as finance director. Gregory had been CFO of GKN Aerospace, which became Melrose's sole business following the spin-off of its other engineering businesses as Dowlais Group PLC in April last year.

Current stock price: 603.00p

12-month change: up 86%

By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
MELROSE INDUSTRIES PLC	640.4 GBX	+2.43%	+2.83%	10.44B
DOWLAIS GROUP PLC	82.35 GBX	+0.92%	+0.92%	1.43B
CCL INDUSTRIES INC.	71 CAD	+0.35%	+0.60%	9.29B

Latest news about Melrose Industries PLC

Boeing, GKN Aerospace close deal for St. Louis site	Apr. 26	RE
European Equities Close Lower in Tuesday Trading; Defense Stocks Sink After Goldman Outlook	Apr. 09	MT
Dowlais begins new share buyback programme of up to GBP50 million	Apr. 04	AN
FTSE 100 up as investors see Fed, BoE cuts ahead	Mar. 21	AN
Stocks boosted as BoE keeps rates unchanged	Mar. 21	AN
Dowlais annual loss widens on impairments but revenue grows	Mar. 21	AN
FTSE 100 Closes Flat as Investors Focus on Fed's Comments	Mar. 20	DJ
UBS Hikes Melrose Industries PT, Maintains Buy Rating	Mar. 20	MT
UBS raises Halma; cuts Spirax-Sarco and Weir	Mar. 20	AN
UK inflation cools to 3.4% in February; Eyes on Fed	Mar. 20	AN
New Melrose Industries CFO Gregory buys GBP100,000 in shares	Mar. 12	AN
UBS Raises Melrose Industries PT, Keeps at Buy	Mar. 11	MT
Citi, Macquarie cut Virgin Money to 'neutral'	Mar. 11	AN
The FTSE 100 Closed Down 0.4% as U.S. Jobs Data Prompts Rate-Cut Hopes	Mar. 08	DJ
FTSE 100 Closed Up 0.2% as ECB Leaves Interest Rates Unchanged	Mar. 07	DJ
JPMorgan Maintains Melrose Industries at Overweight, Lifts PT	Mar. 07	MT
Melrose Industries' FY23 Loss Widens, Revenue Grows	Mar. 07	MT
Correction: Earnings Flash (MRO.L) MELROSE INDUSTRIES Posts FY23 Loss GBX-75.50	Mar. 07	MT
Earnings Flash (MRO.L) MELROSE INDUSTRIES Reports FY23 Revenue GBP3.35B	Mar. 07	MT
Earnings Flash (MRO.L) MELROSE INDUSTRIES Posts FY23 Loss GBX75.50	Mar. 07	MT
Melrose Industries reports narrowed loss as aerospace firm	Mar. 07	AN
FTSE 100 falls amid weakness in banking and mining sectors	Mar. 07
ITV, LondonMetric, Man, Domino's get upgrades	Mar. 07	AN
Virgin Money UK accepts Nationwide takeover	Mar. 07	AN
UK's Melrose raises 2024 profit outlook after annual earnings surge	Mar. 07	RE

Chart Melrose Industries PLC

Duration

Period

More charts

Company Profile

Melrose Industries PLC is a United Kingdom-based pure-play aerospace company. The Company provides advanced aerospace components and systems to all major original equipment manufacturer (OEMs), across both civil and defense markets. The Company operates through two divisions: Engines and Structures. Engines segment is a global tier one supplier to the aerospace engines market, including structural engineered components; parts repair; commercial and aftermarket contracts. Structures segment is a multi-technology global tier one supplier of both civil and defense air frames, including lightweight composite and metallic structures: electrical distribution systems and components. Its business includes GKN Aerospace, is a tier one supplier of airframe and engine structures, landing gear, electrical interconnection systems, transparencies, and aftermarket services.

Sector

Aerospace & Defense

Calendar

2024-05-02 - Annual General Meeting

Related indices

STOXX EUROPE 600 (EUR) , FTSE 100

More about the company

Income Statement Evolution

More financial data

Ratings for Melrose Industries PLC

Trading Rating

Investor Rating

ESG Refinitiv

B+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

6.404 GBP

Average target price

7.083 GBP

Spread / Average Target

+10.61%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Aerospace & Defense

	1st Jan change	Capi.
MELROSE INDUSTRIES PLC	+12.87%	10.44B
RTX CORPORATION	+20.53%	135B
GENERAL DYNAMICS CORPORATION	+9.53%	77.91B
NORTHROP GRUMMAN CORPORATION	+2.63%	71.1B
BAE SYSTEMS PLC	+20.67%	50.29B
ROLLS-ROYCE HOLDINGS PLC	+40.51%	43.87B
L3HARRIS TECHNOLOGIES, INC.	+1.86%	40.78B
HINDUSTAN AERONAUTICS LIMITED	+42.10%	31.95B
AXON ENTERPRISE, INC.	+19.32%	23.26B
BHARAT ELECTRONICS LIMITED	+29.77%	20.94B

Other Aerospace & Defense

Melrose Industries PLC

Equities

MRO

GB00BNGDN821

Aerospace & Defense

New Melrose Industries CFO Gregory buys GBP100,000 in shares

Stocks mentioned in the article

EPS Revisions