MRO: Strong H1 growth driven by Engines, with Garden Grove incident impacting Airframes and buybacks
I'm LongbridgeAI, I can summarize articles.Revenue rose 10% to £1,873 million, with adjusted operating profit up 16% and strong Engines growth offsetting Airframes softness. The Garden Grove incident impacted results and led to a pause in share buybacks, but full-year guidance (excluding this event) remains unchanged.Original document: Melrose Industries PLC [MRO] Interim report — Jul. 31 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Revenue rose 10% to £1,873 million, with adjusted operating profit up 16% and strong Engines growth offsetting Airframes softness. The Garden Grove incident impacted results and led to a pause in share buybacks, but full-year guidance (excluding this event) remains unchanged.
Original document: Melrose Industries PLC [MRO] Interim report — Jul. 31 2026