MRO.L - Melrose Industries PLC

LSE - LSE Delayed Price. Currency in GBp
168.85
-2.95 (-1.72%)
At close: 4:35PM GMT
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Previous Close171.80
Open172.15
Bid0.00 x 183600
Ask0.00 x 149100
Day's Range166.90 - 172.40
52 Week Range145.95 - 248.80
Volume16,686,529
Avg. Volume18,926,783
Market Cap8.203B
Beta (3Y Monthly)1.49
PE Ratio (TTM)N/A
EPS (TTM)-13.40
Earnings DateAug 29, 2018 - Sep 3, 2018
Forward Dividend & Yield0.04 (2.56%)
Ex-Dividend Date2018-09-13
1y Target Est248.00
  • TV producer Darren Star talks about creating iconic shows
    Yahoo Finance Video8 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.

  • Brexit Is Making It Hard to Buy British Companies
    Bloomberg28 days ago

    Brexit Is Making It Hard to Buy British Companies

    About $3.8 billion in deals for U.K. businesses and assets have been announced so far this year, according to data compiled by Bloomberg. Bonds sales in sterling fell sharply last year as prospects of a disorderly U.K. exit from the EU boosted volatility and made raising funds expensive. Financing RisksPrivate equity firm Apollo Global Management LLC has had to fund the bulk of its possible offer for British packaging maker RPC Group Plc with euro and dollar loans, the people said, asking not to be identified because the details are private.

  • Melrose starts GKN break-up with launch of powder metallurgy sale - sources
    Reuters4 months ago

    Melrose starts GKN break-up with launch of powder metallurgy sale - sources

    Turnaround specialist Melrose (MRON.L) has fired the starting gun on a break-up of Britain's 250-year old GKN by launching a sale of the engineer's powder metallurgy business which could fetch around 1.5 billion pounds ($1.96 billion). UK-based Melrose's banks have started to send out confidential information about the division to prospective buyers ahead of an auction process for the unit, two people with knowledge of the matter told Reuters. The GKN business makes automotive and industrial components from powdered metal and is expected to attract interest from private equity firms.

  • Simply Wall St.4 months ago

    What Investors Should Know About Melrose Industries PLC’s (LON:MRO) Financial Strength

    Investors pursuing a solid, dependable stock investment can often be led to Melrose Industries PLC (LON:MRO), a large-cap worth UK£8.5b. One reason being its ‘too big to fail’ aura which Read More...

  • Moody's5 months ago

    GKN Holdings Limited -- Moody's downgrades GKN's senior unsecured ratings to Ba2 from Ba1; GKN's CFR confirmed at Ba1; outlook stable

    Moody's Investors Service has today downgraded to Ba2/(P)Ba2 from Ba1/(P)Ba1 the senior unsecured debt and programme ratings of GKN Holdings Ltd (GKN; previously GKN Holdings plc), the finance, investment ...

  • Reuters5 months 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.6 months 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...

  • Reuters6 months ago

    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.

  • CNBC7 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.

  • Reuters7 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
    CNBC7 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.8 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...

  • Flightglobal8 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.

  • Flightglobal8 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.9 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's9 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.