Ross McCluskey assumes role as Group CFO
He brings extensive experience from listed businesses including Intertek, Inchcape, JP Morgan, and Greenhill. His leadership supports Melrose's growth strategy.
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Global aerospace and defence technology company
melroseplc.netLast updated
In short: Melrose reported strong financial results and progress in aerospace, but faced scrutiny over an industrial accident and leadership changes.
He brings extensive experience from listed businesses including Intertek, Inchcape, JP Morgan, and Greenhill. His leadership supports Melrose's growth strategy.
This marks their first inclusion, placing them in the top 10% of 2500 largest companies based on S&P Global’s CSA. They remain committed to sustainability.
Group revenue grew 11%, with Engines up 20% and Airframes up 4%. Adjusted operating profit ahead of last year. Full-year guidance unchanged.
The $8.4 million initiative advances Laser Metal Deposition with Wire for titanium aerostructures at Fort Worth facility. It targets industrialization, materials, simulation, inspection, and demonstrations.
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