Melrose Industries Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

In This Article:

Melrose Industries (LON:MRO) Full Year 2024 Results

Key Financial Results

  • Revenue: UK£3.47b (up 3.5% from FY 2023).

  • Net loss: UK£49.0m (down from UK£1.00m profit in FY 2023).

  • UK£0.037 loss per share (down from UK£0.001 profit in FY 2023).

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revenue-and-expenses-breakdown
LSE:MRO Revenue and Expenses Breakdown April 4th 2025

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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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.