In This Article:
Melrose Industries (LON:MRO) Full Year 2024 Results
Key Financial Results
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Revenue: UK£3.47b (up 3.5% from FY 2023).
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Net loss: UK£49.0m (down from UK£1.00m profit in FY 2023).
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UK£0.037 loss per share (down from UK£0.001 profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Melrose Industries EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 14%.
The primary driver behind last 12 months revenue was the Structures segment contributing a total revenue of UK£2.01b (58% of total revenue). Notably, cost of sales worth UK£2.65b amounted to 76% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£830.0m (95% of total expenses). Explore how MRO's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Aerospace & Defense industry in the United Kingdom.
Performance of the British Aerospace & Defense industry.
The company's shares are down 13% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Melrose Industries you should be aware of.
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