MLSPF - Melrose Industries PLC

Other OTC - Other OTC Delayed Price. Currency in USD
2.8200
0.0000 (0.00%)
At close: 9:31AM EST
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Previous Close2.8200
Open2.8200
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range2.8200 - 2.8200
52 Week Range1.4000 - 2.9000
Volume71
Avg. Volume6,550
Market Cap14.233B
Beta (3Y Monthly)2.04
PE Ratio (TTM)N/A
EPS (TTM)-0.1760
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters

    UPDATE 1-Melrose Industries says GM strike hurt automotive, powder metallurgy units

    Turnaround specialist Melrose Industries Plc said on Tuesday that a strike at U.S. automaker General Motors dented sales at its automotive and powder metallurgy units for four months. The car parts division of the GKN business that Melrose bought last year counts Volkswagen, GM and Ford among its customers. It also said initial steps to reduce working capital in GKN were being implemented.

  • Is Melrose Industries PLC (LON:MRO) Overpaying Its CEO?
    Simply Wall St.

    Is Melrose Industries PLC (LON:MRO) Overpaying Its CEO?

    Simon Peckham has been the CEO of Melrose Industries PLC (LON:MRO) since 2012. First, this article will compare CEO...

  • Moody's

    GKN Holdings Limited -- Moody's upgrades GKN's senior unsecured notes to Ba1, stable outlook

    Moody's Investors Service ("Moody's") has today upgraded to Ba1 from Ba2 the senior unsecured debt ratings of the British multinational automotive and aerospace components manufacturer GKN Holdings Limited (GKN), which is owned by Melrose Industries plc (Melrose). Concurrently, Moody's has withdrawn GKN's corporate family rating (CFR) of Ba1, the (P)Ba2 senior unsecured MTN programme rating and the probability of default rating (PDR) of Ba1-PD. "The upgrade of GKN's instrument ratings reflects the elimination of the structural subordination of the instruments due to the parental guarantees provided by Melrose." says Matthias Heck, a Moody's Vice President -- Senior Credit Officer and Lead Analyst for GKN.

  • Reuters

    PRESS DIGEST- Financial Times - April 4

    The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Melrose Industries to invest more than £250m in electric ...

  • Reuters

    Weak results, financials, ex-dividend trading drag FTSE 100 lower

    NMC Health and insurers Aviva and Admiral all slipped after earnings reports. The FTSE 100 was down 0.5 percent, while the FTSE 250 gave up 0.9 percent and was on track for its worst week in more than two months.

  • Reuters

    GKN deal boosts Melrose's profit, eases economy worries

    The company narrowly clinched an 8 billion-pound takeover of GKN in March last year, pulling off Britain's biggest hostile bid since Kraft pounced on confectionery giant Cadbury in 2009. The company reported adjusted operating profit excluding GKN's loss-making contracts of 784 million pounds for last year, 5 percent ahead of JP Morgan estimates. "The beat (was) despite the market's concern on the end market development, notably in automotive, and speaks to the impact management actions are already having at GKN," said JP Morgan analysts, who have an "overweight" rating on the stock.

  • Reuters

    Melrose to sell Walterscheid Powertrain Group for 200 million pounds

    (Reuters) - Turnaround specialist Melrose Industries Plc said on Wednesday it plans to sell its off-highway powertrain applications business Walterscheid Powertrain Group to private equity firm One Equity ...