31 July 2026 - 455p
The aerospace engineering group Melrose Industries has released strong interim results covering the six months to 30 June. Revenues rose by 10% to £1.87bn with adjusted pre-tax profit up 18% to £282m. Diluted earnings per share on the same basis were 22% higher at 17.7p and the interim dividend was increased by 13% to 2.7p per share. Net debt at the end of the period was £1.53bn. These are clearly very good results with the momentum seen last year continuing. Revenues at both the Engines division and Airframes division . . .
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