Melrose Industries First Half 2023 Earnings: UK£0.03 loss per share (vs UK£0.17 loss in 1H 2022)
Melrose Industries (LON:MRO) First Half 2023 Results
Key Financial Results
Revenue: UK£1.63b (up 20% from 1H 2022).
Net loss: UK£40.0m (loss narrowed by 84% from 1H 2022).
UK£0.03 loss per share (improved from UK£0.17 loss in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Melrose Industries Earnings Insights
Looking ahead, revenue is expected to decline by 22% p.a. on average during the next 3 years, while revenues in the Aerospace & Defense industry in the United Kingdom are expected to grow by 3.5%.
Performance of the British Aerospace & Defense industry.
The company's shares are down 1.0% from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for Melrose Industries that you should be aware of before investing here.
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