Melrose (GB:MRO) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Melrose Industries PLC reports a 7% revenue increase in its latest trading update, driven by a 32% surge in its Engines division’s aftermarket business despite ongoing supply chain challenges. The company maintains its full-year profit expectations and anticipates significant cash flow improvements in 2025 following restructuring efforts. This outlook positions Melrose well for sustained growth and value creation in the aerospace sector.
For further insights into GB:MRO stock, check out TipRanks’ Stock Analysis page.
