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Trading statements

Melrose Ind. says current trading in line with views

11 May 2017 09:37

Melrose Industries said current trading was in line with expectations.

Consistent with the commentary given at the year end results announcement in March, Nortek continued to improve its performance and the power generation market remains difficult for Brush, the company said.

"The Melrose Board is seeking another acquisition to create further value for shareholders and is confident of finding a suitable opportunity in due course."

At 9:37am: (LON:MRO) Melrose PLC share price was +2.63p at 242.38p

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Related Company: MRO

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