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MRO Melrose Industries Plc

603.60
0.60 (0.10%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Melrose Industries Plc LSE:MRO London Ordinary Share GB00BNGDN821 ORD 160/7P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.60 0.10% 603.60 605.60 605.80 613.00 603.80 605.40 4,184,195 16:35:21
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Engineering Services 4.93B -1.02B -0.7540 -8.03 8.19B
Melrose Industries Plc is listed in the Engineering Services sector of the London Stock Exchange with ticker MRO. The last closing price for Melrose Industries was 603p. Over the last year, Melrose Industries shares have traded in a share price range of 410.40p to 681.20p.

Melrose Industries currently has 1,351,475,321 shares in issue. The market capitalisation of Melrose Industries is £8.19 billion. Melrose Industries has a price to earnings ratio (PE ratio) of -8.03.

Melrose Industries Share Discussion Threads

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DateSubjectAuthorDiscuss
19/7/2018
07:42
ADDITIVE MANUFACTURING BIG AT GKN AEROSPACE

Additive manufacturing at GKN

Large-scale additive manufacturing is certainly a primary focus for GKN Aerospace. According to reports from the company, “Our AM technology is flying on 7 major aircraft and rotor-craft platforms,” representing “the largest range of flying Additive Manufacturing (AM) parts and the broadest suite of AM technologies globally.”

One such technology is the division’s proprietary Laser Metal Deposition with wire (LMD-w) method, that recently earned the R&D support of Oak Ridge National Laboratory.

Flight-ready parts developed by GKN are positioned in the wing, tail, fuselage and engine modules, including it’s recently approved optical ice detector, and a fan case mount ring which is to be shown at Farnborough.

Russ Dunn, Senior Vice President of engineering and technology at GKN Aerospace, recently revealed details of the company’s Farnborough exhibit in an interview for Aviation International News.

“One area where I think we can clearly say we are the world leader is in large-scale deposition,” said Dunn, “We’ve taken that all the way through to TRL [Technology Readiness Level] 6 and we are now at production standard.”

Design for Additive Manufacturing (DfAM) is also a key area of development for the company, something other subsidiaries have been developing with software startup 3YOURMIND.

“We aim to understand how an aircraft structure is optimized to give the best properties with material where you need it, and we have a new program on that launching this year,” adds Dunn.

Other activity at GKN

Within the wider group, GKN also has a powder bed/freeform deposition MoU with GE Additive and, a metal powder development sector under GKN Hoeganaes.

In terms of investment activity, 3D printed remains a “primary focus” for the group as a whole. For the next five years at least, the GKN Aerospace division will be retained by Melrose, though there are plans in place to sell GKN’s Powder Metallurgy Division that started the production of metal powders for additive manufacturing in June 2017.

brexitplus
19/7/2018
07:34
MORE GOOD NEWS FROM GKN - GKN INVESTING, NOT ASSET STRIPPING!!!

GKN AEROSPACE IS ESTABLISHING A NEW WIRING FACILITY IN INDIA TO SUPPORT EXPANSION IN ASIA

$10 million investment in wholly owned wiring interconnection systems business
New facility to create 800 jobs for highly skilled operators and engineers

GKN Fokker Elmo and the State of Maharashtra (India) have signed an MOU for investment in a second manufacturing facility for wiring interconnection systems in India at the Farnborough Air Show today.

The site will focus on the assembly of wiring systems for commercial aircraft and will operate alongside the existing Joint Venture for wiring systems in Bangalore which is serving the defence market. The plans also include the installation of proprietary wiring design and manufacturing system, a unique tool that is rolled out globally throughout all manufacturing locations worldwide to ensure the same high quality everywhere in the world.

GKN Aerospace, GKN Driveline and GKN Powder Metallurgy have made significant investments in India in recent years. The three businesses operate eight locations in India with 2000 employees. India is an important country in GKN Aerospace’s plan to expand the Asian footprint. GKN Aerospace recently also announced a new facility in Malaysia, another element of the Asian expansion plan. By the time both sites are fully up-and-running, around 15% of GKN Aerospace’s employees are expected to be based in Asia.

The new site, a fully owned GKN Aerospace business, is located in Pune in the state Maharashtra and is scheduled to come online in the fourth quarter of 2018. Production will start in the first quarter of 2019, the workforce is expected to grow to 800 in 2027.

Pune offers favourable conditions in the areas of business development, labour, education & training and infrastructure. It also has an excellent location relative to the company’s major customers in India.

John Pritchard, CEO Aerostructures and Systems Europe and Asia said: “This electrical wiring systems site will be the first aerospace facility fully owned by us in India. It strengthens our enduring partnership with this country. The growth of the aerospace industry in India is robust and we need to be close to our customers. The support of the regional government has been vital, we look forward to the opening of the site at the end of this year.”

brexitplus
19/7/2018
00:39
You're embarrassing yourself now Minerve.
gettingrichslow
18/7/2018
23:04
brexit

Why not take a blue pill and go and put 'it' up your slapper wife, eh?

Report back tomorrow how it went?

minerve
18/7/2018
22:49
"Only in the morons' den - the UK and ADVFN!"
minerve
18/7/2018
22:41
Evening all, as George Dixon said.

There has been a lot of good news from GKN so far this week. One release a day so I think we can expect more. I will endeavour to keep you up to date with anything from GKN, Nortek and Ergotron as and when it becomes available.

Local farmer has been spreading muck today, but it smells much sweeter than some of the posts here.

brexitplus
18/7/2018
20:42
For those of us who don't understand the difference between "would" and "wouldn't".

Got to 5.01

minerve
18/7/2018
20:36
"Anyway it looks like GKN under its new owners continues to invest and improve its research and development so that’s good"

Do we have any evidence to suggest it is any better than what would have been the case under GKN alone or is this just self-congratulation..........again?

minerve
18/7/2018
18:55
What Mattboxy said
tournesol
18/7/2018
18:26
I wish he hadn't downloaded that Bet365 app! ROFLMAO!
minerve
18/7/2018
18:25
Or it gets ridiculous when simpletons and novice investors become envious of others who know what they are doing - and then just post in attempts to discredit others! ;)

gettingrichnever is the prime example. Been on ADVFN since ..........wait for it!

........


drum roll.........

This year! ROFLMAO!

minerve
18/7/2018
18:07
grahamburn is one of those guys who looked educated at school but got average or below average results.
minerve
18/7/2018
17:10
mattboxy

I'm not going anywhere. Been here almost 20 years. But do continue - chimp.

minerve
18/7/2018
17:04
I'm seeing the board fall into the trap of responding to certain posters while they boast and wind people up. I put them on filter months ago and really suggest you all do the same. If ignored they will go away as they're only here to wind u up in their fantasy world. If u could see what their real life is like it would bear no resemblance to the boasts as if you really have it all you don't need to boast. Filter and ignore it's the best way
mattboxy
18/7/2018
16:50
I have a very nice life, fulfilling, family and friend orientated, philanthropic (why hang on to it if you don't need it?) and supportive of those less well off than me - you'd probably fall into that bracket but you are beyond help.
yertiz
18/7/2018
16:37
Yertiz

Get a life, chimp.

minerve
18/7/2018
16:35
Honestly - this is no better than the playground, an area Meanwhile and Minerve still frequent, evidently. Time you two (or are you just one?)stop behaving as though puberty has descended overnight, unlike your testicles, and grow up.

Pitiful.

yertiz
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