Melrose reported 10% revenue growth in H1 2026
Adjusted operating profit rose 16% to £347 million, but a chemical tank incident at Garden Grove reduced revenue by £16 million and profit by £9 million.
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Global aerospace and defence technology company
melroseplc.netLast updated
In short: Melrose Industries expanded its aerospace manufacturing and secured major repair contracts while maintaining its long-term growth guidance.
Adjusted operating profit rose 16% to £347 million, but a chemical tank incident at Garden Grove reduced revenue by £16 million and profit by £9 million.
The awards cover repairs for the GTF engine at multiple GKN Aerospace facilities worldwide.
The project, supported by the Norwegian Defence Materiel Agency, aims to produce a large-scale AM demonstrator for F135 engine cases by 2027 and certification by 2028.
The £54M programme advanced hydrogen-electric flight technologies, establishing UK capability in cryogenic engineering and hydrogen systems integration.
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