MRO.L - Melrose Industries PLC

LSE - LSE Delayed Price. Currency in GBp
218.00
-0.90 (-0.41%)
At close: 4:35PM BST
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Previous Close218.90
Open218.60
Bid215.00 x 183600
Ask240.50 x 149100
Day's Range217.10 - 220.25
52 Week Range194.70 - 248.80
Volume13,903,146
Avg. Volume17,345,227
Market Cap10.591B
Beta1.11
PE Ratio (TTM)N/A
EPS (TTM)-13.40
Earnings DateAug 29, 2018 - Sep 3, 2018
Forward Dividend & Yield0.04 (1.98%)
Ex-Dividend Date2018-09-13
1y Target Est261.08
  • TV producer Darren Star talks about creating iconic shows
    Yahoo Finance Video3 months ago

    TV producer Darren Star talks about creating iconic shows

    In this episode of Talks at GS, legendary television producer, writer and director Darren Star talks about creating iconic shows from – “Sex and the City” to “Younger” – and how he has used narratives to tackle important societal issues of the times.

  • The Wall Street Journal12 days ago

    [$$] European Equities Market Talk Roundup

    , Kepler Cheuvreux says as it cuts the target price on the stock to EUR5.25 from EUR5.50. 1109 GMT - Rolls-Royce’s problems concerning its Trent 1000 engines have disrupted the service of Singapore Air’s budget long-haul airline Scoot, says the carrier’s senior vice president for sales, Campbell Wilson, and the company has no clear endpoint over the time it will take to remedy the issue. 1052 GMT - Utilities gain on investor relief that a pricing review by U.K. industry regulator Ofgem didn’t contain any nasty surprises.

  • The Wall Street Journal13 days ago

    [$$] European Corporate Roundup

    A $1 billion U.S. disposal by Swiss pharmaceuticals giant Novartis is the highlight of Thursday’s European corporate news.

  • Reuters13 days ago

    Melrose moves ahead with GKN revamp, no asset sales yet

    Reuters reported in July that Melrose was likely to auction off GKN's power metallurgy business in a sale this month that would attract interest from private equity firms. Sources also said then that GKN's new owner was weighing options for its off-highway powertrain unit and wheels business. Melrose promised in June to give guidance on its future plans for GKN in its first-half results.

  • Who Really Owns Melrose Industries PLC (LON:MRO)?
    Simply Wall St.18 days ago

    Who Really Owns Melrose Industries PLC (LON:MRO)?

    Today, I will be analyzing Melrose Industries PLC’s (LON:MRO) recent ownership structure, an important but not-so-popular subject among individual investors. Ownership structure has been found to have an impact onRead More...

  • Reuterslast month

    Pay for Britain's top bosses rises 23 percent

    Pay packages for the bosses of Britain’s 100 biggest listed firms rose 23 percent over the past year, fuelled by payouts for the CEOs of house builder Persimmon and industrial firm Melrose Industries, a survey showed on Wednesday. Excessive corporate pay has attracted public anger since the financial crisis and Prime Minister Theresa May has denounced the gap between the amounts paid to bosses and average workers as irrational and unhealthy. The survey by the Chartered Institute of Personnel and Development (CIPD) and the High Pay Centre thinktank showed the average income for chief executives of companies in the FTSE 100 share index was 5.7 million pounds ($7.25 million) in their financial year ending in 2017, up 23 percent from the previous year.

  • CNBC2 months ago

    Online start-up The RealReal to open its second luxury consignment store on Melrose Ave.

    Online consignment brand The RealReal is opening its second permanent store. The shop's doors will open later this week on Melrose Ave. in Los Angeles. More e-commerce brands are growing their brick-and-mortar footprint, as resellers like The RealReal are increasingly attracting new customers.

  • Reuters2 months ago

    Britain's Melrose explores sales of GKN engineering businesses - sources

    British turnaround firm Melrose (MRON.L) is considering a series of sales of GKN businesses after clinching an 8 billion pound ($10.5 billion) hostile takeover of the aerospace and automotive parts supplier earlier this year, sources familiar with the matter told Reuters. GKN's new owner has hired Rothschild and Jefferies to manage a disposal of the engineer's powder metallurgy division and is separately weighing options for its off-highway powertrain unit and wheels business, the sources said. The powder metallurgy business, which manufactures components from powdered metal, is the biggest of the three businesses and could fetch around two billion pounds, which would represent about 10 times its core earnings, according to the sources.

  • Nordstrom plans to open more stores with no inventory in Los Angeles, New York
    CNBC2 months ago

    Nordstrom plans to open more stores with no inventory in Los Angeles, New York

    Late last year Nordstrom opened the first Nordstrom Local on Melrose Avenue in Los Angeles.

  • Melrose Industries PLC’s (LON:MRO) Profit Outlook
    Simply Wall St.3 months ago

    Melrose Industries PLC’s (LON:MRO) Profit Outlook

    Melrose Industries PLC’s (LON:MRO): Melrose Industries PLC, together with its subsidiaries, designs and manufactures electricity generating equipment for the power generation, industrial, oil and gas, and offshore sectors in theRead More...

  • Flightglobal3 months ago

    ​ANALYSIS: How GKN envisions its future after change in ownership

    Following a turbulent period for GKN culminating in its acquisition by turnaround specialist Melrose Industries in April the UK engineering group's aerospace arm is confident it can continue to invest in new technology and grow its business under its new ownership.

  • Flightglobal3 months ago

    ​ANALYSIS: How GKN intends to grow under new ownership

    Following a turbulent period for GKN culminating in its acquisition by turnaround specialist Melrose Industries in April the UK engineering group's aerospace arm is confident it can continue to invest in new technology and grow its business under its new ownership.

  • Has Melrose Industries PLC (LON:MRO) Improved Earnings Growth In Recent Times?
    Simply Wall St.4 months ago

    Has Melrose Industries PLC (LON:MRO) Improved Earnings Growth In Recent Times?

    Understanding how Melrose Industries PLC (LSE:MRO) is performing as a company requires looking at more than just a years’ earnings. Today I will run you through a basic sense checkRead More...

  • Moody's4 months ago

    GKN Holdings plc -- Moody's downgrades GKN's ratings to Ba1 from Baa3; on review for further downgrade

    Moody's Investors Service has today downgraded to Ba1/(P)Ba1 from Baa3/(P)Baa3 the senior unsecured debt and programme ratings of GKN Holdings plc, the finance, investment and holding company of British multinational automotive and aerospace components manufacturer GKN plc (GKN). Concurrently, Moody's has assigned a Ba1 corporate family rating (CFR) and a probability of default rating (PDR) of Ba1-PD for GKN Holdings. "Downgrading GKN reflects our expectations that its leverage will rise beyond levels commensurate with an investment grade rating following its recent acquisition by Melrose Industries, due to GKN's already high standalone leverage, declining operating profits and Melrose's more aggressive financial policy", says Matthias Heck, a Vice President -- Senior Credit Officer and Moody's Lead Analyst for GKN.

  • Too Much of a Good Thing
    Bloomberg5 months ago

    Too Much of a Good Thing

    If any company has enjoyed diplomatic immunity in the conflict over high pay, it's British turnaround specialist and star performer Melrose Industries Plc. Next week's annual shareholder meeting is a chance to send a message that what seemed acceptable in the past is no longer so. Back in 2012, Melrose started a five-year bonus program tied solely to shareholder returns. The uplift was to be adjusted for any fresh capital shareholders put in.

  • Reuters5 months ago

    British government gives Melrose takeover of GKN the green light

    Britain's business minister said there were no national security grounds to intervene in turnaround specialist Melrose's takeover of UK engineering company GKN, giving the deal the green light from government. Melrose clinched an 8 billion-pound ($11 billion) takeover of GKN in March in a deal which the government said it needed to examine for any public interest concerns. During the three-month battle for GKN, lawmakers had raised concerns that Melrose could in the future sell GKN's aerospace business, which is involved in defence programmes, to an overseas buyer.