Melrose

Aerospace & Defense · United Kingdom · 10K+ Employees

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Overview

Headquarters

Stratton House, 5 Stratton Street, Londo...

Phone Number

+44 2076474500

Revenue

$4.4 Billion

Stock Symbol

MRO

Industry

Aerospace & Defense Manufacturing Holding Companies & Conglomerates
ZI Rank: 1
Signal Type
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ZI Rank
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About Melrose

Established in 2003, Melrose is a London-based industrial company that specializes in acquiring and improving manufacturing businesses with a focus on aerospace and other industrial sectors. The company operates globally across Europe, North America, Asia Pacific, and South America, implementing strategic improvements to enhance operational performance and value in its portfolio of manufacturing enterprises.Explore more
Melrose's Social MediaPopular SearchesMelrose Industries PLCMelrose PLCMelrose IndustriesMelrose FinancialMelroseSIC Code 37,372NAICS Code 33,336Ticker LON: MROShow more

Melrose Org Chart

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Company Profile Activity

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Among all Manufacturing companies

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Activity Insights

Melrose is experiencing very low activity levels compared to other companies in the Manufacturing sector.

What does this means?

Melrose is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Melrose.

Melrose Tech Stack

A closer look at the technologies used by Melrose

Most Recent Scoops

Pain Point
Melrose has paused its current share buyback program due to uncertainties surrounding the timing of acrylic production restarting at its Garden Grove facility, as well as ongoing regulatory and legal costs and a review of insurance coverage related to the incident.
Spending/Investment, Lawsuits, Legal Affairs, Finance, Regulations, Risk
Pain Point
Melrose is addressing a range of ongoing legal cases related to the Garden Grove facility incident, while also exploring compensation for the local community disrupted by the evacuation and working to provide safety reassurance to residents.
Lawsuits, Legal Affairs, Safety, Settlement
Earnings
Melrose has reported net debt of £1.53 billion as of end of June, equivalent to 1.8 times net debt to EBITDA, down from 2 times at the same point last year, remaining well within the company's stated leverage policy of 1.5 to 2 times EBITDA.
Business Finance, Finance, Financing & Debt
Earnings
Melrose has reported that the Garden Grove incident had an H1 operational impact of negative £60 million on revenue and negative £9 million on profit, while generating a positive £12 million cash impact. For H2, Melrose expects the site to operate at approximately 50% of its normal monthly revenue, impacting the top line by around £6 million per month, expected to fully flow through to profit and cash.
Earnings, Accounting, Financial Reporting, Business Finance, Finance
Earnings
Earnings, Quality Management, Finance
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Melrose News & Media

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Top Aerospace & Defense Companies

Frequently Asked Questions Regarding Melrose

What is Melrose's stock symbol?
Melrose's stock symbol is MRO
What is Melrose's official website?
Melrose's official website is www.melroseplc.net
What is Melrose's Revenue?
Melrose's revenue is $4.4 Billion
What is Melrose's SIC code?
Melrose's SIC: 37,372
What is Melrose's NAICS code?
Melrose's NAICS: 33,336
How many employees does Melrose have?
Melrose has 10K+ employees
What industry does Melrose belong to?
Melrose is in the industry of: Aerospace & Defense, Manufacturing, Holding Companies & Conglomerates
What is Melrose competition?
Melrose top competitors include: RLC Engineering Group, Franklin Resources, Pantheon International, Guoco Group
What companies has Melrose acquired?
Melrose has acquired the companies: ForestKing Insolvency Group, GKN, Enovate Medical, Enovateit
What technology does Melrose use?
Some of the popular technologies that Melrose uses are: Microsoft IIS, Freshservice, CSC Corporate Domains, Zingfit
What does Melrose do?

Established in 2003, Melrose is a London-based industrial company that specializes in acquiring and improving manufacturing businesses with a focus on aerospace and other industrial sectors. The company operates globally across Europe, North America, Asia Pacific, and South America, implementing strategic improvements to enhance operational perform... ance and value in its portfolio of manufacturing enterprises.Read More

What are Melrose social media links?
Melrose Linkedin page Melrose Twitter page Melrose Facebook page
Is Melrose a public company?
Yes, Melrose is a public company and is traded under the symbol MRO
See more information about Melrose

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