Latest Melrose News & Updates

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Melrose

Aerospace and defence technology company

melroseplc.net

Company type: Public company
Number of employees: 50–55
Industry: Aerospace & Defense

Last updated August 24

Latest news about Melrose

In short: Melrose disclosed a $125 million Garden Grove settlement and posted 10% first-half revenue growth.

Company announcements

July 31 Melrose

Melrose reports half-year results with revenue and profit growth

Revenue rose 10% to £1.9bn, operating profit up 16% to £347m, and free cash flow improved to £13m.

July 31 Melrose

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.

April 29 Melrose

Melrose announces strong Q1 trading update

Group revenue grew 11%, with Engines up 20% and Airframes up 4%. Adjusted operating profit ahead of last year. Full-year guidance unchanged.

February 27 Melrose

Melrose announces strong 2025 full year results

Revenue grows 8% to £3.6bn, operating profit up 23% to £647m, free cash flow £125m. Provides 2026 guidance and 2029 targets.

Media coverage

August 24 Financial Times

Melrose faces $100mn compensation payouts after California toxic chemicals scare

London-listed Melrose Industries has launched a $100mn compensation scheme after a toxic chemical scare at a plant in California forced the evacuation of residents and...

August 24 Sky News

Melrose agrees $100m compensation pot over chemical scare

The incident at a GKN factory in California led to tens of thousands of local evacuations and the fund aims to cover their costs.

July 31 Morningstar

Melrose profit drops on Garden Grove incident despite revenue growth

(Alliance News) - Melrose Industries PLC on Friday reported a sharp fall in statutory first-half profit after being hit by foreign exchange losses and costs...

July 31 Reuters

GKN Aerospace owner Melrose warns of cost hit from plant incident, pauses buyback

GKN Aerospace owner Melrose Industries on Friday said it expects additional costs of £25 million to...

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