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511 GBp
0.8
0.16%
Last update Aug 26, 4:29 PM BST
Market closed
Day range
506.79999
521.59998
Previous close
510.20001
Open
509.39999
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Melrose Industries PLC
511.00
0.80
0.16%

Overview

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Description

Melrose Industries PLC is a British pure-play aerospace manufacturing company headquartered in Birmingham, England. It serves as the parent company of GKN Aerospace, specializing in the production of advanced aerospace components and systems for major global customers. The company focuses on two primary segments: Structures, which generates revenue from aerostructures, and Engines, encompassing engine components and sub-systems. With approximately 12,662 employees, Melrose Industries PLC delivers critical technologies essential to the aerospace and defense sector, impacting aircraft manufacturing and maintenance worldwide. Geographically, its sales are distributed across North America, the United Kingdom, rest of Europe, and other regions. Founded in 2003 through a buy-improve-sell strategy, it evolved significantly after acquiring GKN in 2018 and demerging its automotive and powder metallurgy businesses as Dowlais Group in 2023, sharpening its focus on aerospace operations. Listed on the London Stock Exchange and a FTSE 100 constituent, Melrose Industries PLC plays a pivotal role in the industrial goods market, particularly within aerospace and defense, supporting innovation in high-performance aviation technologies.

About

CEO
Mr. Peter G. Dilnot B.E., B.Eng, Interim
Employees
12459
Address
Stratton House
5 Stratton Street
London, W1J 8LA
Phone
44 20 7647 4500
Website
Instrument type
Common stock
Sector
Industrials
Industry
Specialty Industrial Machinery
Country
United Kingdom
MIC code
XLON
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