Date | Time | Source | Announcement |
---|---|---|---|
29 Mar 2004 | 01:52 PM | Rule 2.10 Announcement | |
29 Mar 2004 | 12:16 PM | Statement re Possible Offer | |
24 Feb 2004 | 01:14 PM | Holding(s) in Company | |
20 Jan 2004 | 07:00 AM | Unaudited Preliminary Results | |
08 Dec 2003 | 04:31 PM | Holding(s) in Company | |
08 Dec 2003 | 04:31 PM | Holding(s) in Company | |
03 Dec 2003 | 02:34 PM | Holding(s) in Company | |
01 Dec 2003 | 05:03 PM | Holding(s) in Company | |
20 Nov 2003 | 01:25 PM | Holding(s) in Company | |
03 Nov 2003 | 05:07 PM | Holding(s) in Company | |
31 Oct 2003 | 04:25 PM | Holding(s) in Company |
Melrose Industries plc, a British manufacturing company headquartered in London, England, specializes in acquiring, investing in, and divesting engineering companies. Here are some interesting facts about Melrose:
- Melrose Industries focuses on identifying underperforming businesses and turning them around.
- Their strategy involves acquiring manufacturing companies and improving their performance.
- Melrose serves customers in both the United Kingdom and the United States.
- As of 2022, Melrose reported £7,537 million in revenue, with an operating income of £(236) million and a net income of £(303) million.
- The company's shares are listed on the London Stock Exchange (LSE) as a constituent of the FTSE 100 Index.
- Melrose Industries was founded in 2003 by David Roper, Christopher Miller, and Simon Peckham.
- Initially launched on London's Alternative Investment Market, it had an initial market capitalization of £10 million.
- Over the years, Melrose has acquired and divested several engineering companies, including Dynacast, McKechnie, FKI, Elster, Nortek, and GKN.
- Melrose's approach involves buying struggling businesses and implementing turnaround strategies.
- They have been known for their acquisition techniques, including hostile takeover tactics.
- The company has faced criticism for its high-paying performance-linked incentive schemes for top executives.
In the world of investing, Melrose Industries trades under the ticker symbol MRO on the LSE. Their journey from a modest launch to a major player in the manufacturing sector showcases their resilience and strategic vision.