Melrose Industries PLC (MLSPF) Research

Melrose Industries PLC is a globally operating industrial group, with significant business activities spanning the aerospace, automotive, powder metallurgy, and other manufacturing sectors across the United Kingdom, continental Europe, North America, and other international territories. Its Aerospace division is a supplier of vital components to the aviation industry, including structural elements for airframes and engines, alongside sophisticated electrical interconnection systems for both commercial aircraft and defense platforms. Within the Automotive segment, Melrose is engaged in the conceptualization, engineering, manufacturing, and integration of advanced driveline technologies, with a particular focus on components crucial for electric vehicles. The Powder Metallurgy unit specializes in delivering high-precision metal parts manufactured from powdered materials for both the automotive and broader industrial markets. It also supplies raw metal powder for various powder metallurgy processes and is active in commercializing additive manufacturing technologies. Finally, the Other Industrial segment involves the design, production, and distribution of ergonomic solutions suitable for a wide array of professional, educational, and healthcare environments. This segment further provides metal hydride hydrogen storage systems for numerous industrial and commercial applications. The company, founded in 2003, is headquartered in London, United Kingdom. It was formerly recognized as New Melrose Industries PLC before officially changing its name to Melrose Industries PLC in November 2015.

Market snapshot

Symbol
MLSPF
Price
$5.91
Day change
-5.29%
Market cap
$5.9B
P/E ratio
16.01x
52-week range
5.84-9.6
Sector
Industrials
Industry
Industrial - Machinery
Next earnings
in 1 month

Recent news

  • Explosion fears at Melrose's GKN Aerospace plant trigger evacuation of 50,000 California residents

    Shares in Melrose Industries PLC (LSE:MRO, OTC:MLSPF) fell as much 7% after a chemical incident at a GKN Aerospace facility in California triggered mass...

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