Melrose Industries 4-Month Revenues, Operating Profit Rise; Confirms FY25 Outlook
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Melrose Industries reported a 14% revenue increase and significantly higher adjusted operating profit for the four months to October 31, driven by strong Engines revenue growth. The company expects FY25 revenue between £3.425 billion and £3.575 billion, and adjusted operating profit between £620 million and £650 million. CEO Peter Dilnot highlighted strong performance in civil and defence sectors, with plans to ramp up production. Shares rose 0.79% to 633.54 pence in London.
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