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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Meggitt Plc | LSE:MGGT | London | Ordinary Share | GB0005758098 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 798.80 | 799.20 | 799.40 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMMGGT
RNS Number : 2911V
Meggitt PLC
06 August 2020
6 August 2020
Meggitt PLC - Response to press speculation
The Group notes the recent press speculation regarding potential debt or equity funding options.
Further to our trading update on 2 July, the Group continues to trade in line with our internal expectations. While there have been initial signs of a recovery in the civil aerospace sector, considerable uncertainty remains in relation to COVID-19.
Against this backdrop, the Group continues to review a range of trading scenarios and associated actions to mitigate any material adverse change to the industry outlook.
Our current financial position and liquidity remain strong. At 30 June 2020, we had GBP1,701m of committed facilities in place providing headroom of GBP856m. We also have access to additional liquidity as an eligible issuer under the Bank of England's Covid Corporate Financing Facility.
END
Enquiries:
Tony Wood, Chief Executive
Louisa Burdett, Chief Financial Officer
Mathew Wootton, Vice President, Strategy & Investor Relations
Meggitt PLC
Nick Hasell, Managing Director
Alex Le May, Managing Director
Dwight Burden, Managing Director
FTI Consulting
Tel: +44 203 727 1340
meggitt@fticonsulting.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
SPCUVSKRRAUWRAR
(END) Dow Jones Newswires
August 06, 2020 02:00 ET (06:00 GMT)
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