Strong H1 2026 results with double-digit revenue and profit growth were achieved despite the Garden Grove incident, which led to a temporary production halt and ongoing uncertainties. Guidance for robust full-year growth is reiterated, with a pause on share buybacks until the situation clarifies.Ba…
Revenue and profit grew double digits in H1, with strong performance in both Engines and Airframes, despite the Garden Grove incident impacting results and pausing the share buyback. Guidance for 2026 remains robust, with long-term free cash flow targets reaffirmed.Based on Melrose Industries PLC…
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: Melr…
Melrose Industries PLC LSE:MRO Filing:
