Melrose Industries PLC (MRO.L) Research

Melrose Industries PLC, founded in London in 2003, is a global enterprise with core operations spanning the aerospace, automotive, powder metallurgy, and various other industrial sectors. Its geographical reach extends across the United Kingdom, the wider European continent, North America, and other international markets. Within its Aerospace division, the company specializes in manufacturing airframe and engine components, alongside electrical interconnection systems, for both commercial aircraft and defense platforms. The Automotive segment is dedicated to the engineering, production, and integration of advanced driveline technologies, specifically including vital components for electric vehicles. Melrose's Powder Metallurgy segment supplies precision metal powder parts for industrial and automotive applications, in addition to producing metal powder for broader powder metallurgy processes and spearheading innovations in additive manufacturing. Furthermore, the Other Industrial segment designs and fabricates ergonomic products tailored for diverse work, educational, and healthcare environments. This segment also delivers metal hydride-based hydrogen storage solutions suitable for a wide array of industrial and commercial uses. The company previously operated under the name New Melrose Industries PLC before officially changing to Melrose Industries PLC in November 2015.

Market snapshot

Symbol
MRO.L
Price
$471
Day change
-2.54%
Market cap
$5.9B
P/E ratio
16.22x
52-week range
443.359-685
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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