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Melrose

Current Price 244.90p Bid 244.90p Ask 245.00p Change -0.71%
Last Updated: 24/05/2018 11:02. Prices delayed by at least 15 minutes.
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Company Overview

Melrose PLC was floated on AIM on 28 October 2003 with the stated strategy of acquiring companies and businesses whose performance the Melrose Directors believe can be improved to create shareholder value. On 26 May 2005, Melrose completed the acquisitions of Dynacast and McKechnie. Dynacast and McKechnie have been the only acquisitions completed byMelrose to date. Dynacast and McKechnie are run by Melrose as independent businesses.

Financial Highlights Year Ended 31/12/2017

Turnover
£2,092.20m
Operating Profit
£-6.90m
Dividend Yield
1.70
Dividend Per Share
4.20
Dividend Cover
0.00
P/E Ratio
-205.58

Key Personnel

Simon Antony Peckham
Chief Executive Officer
James Christopher Miller
Executive Chairman
David Alexander Roper
Executive Vice Chairman
Geoffrey Peter Martin
Group Finance Director
Laurence Justin Dowley
Non-Executive Director
John Albert Martin Grant
Non-Executive Director
Elizabeth Anne Hewitt
Non-Executive Director
David George Lis
Non-Executive Director
Archibald Gerard Kane
Non-Executive Director

Stock Details

EPIC
MRO
ISIN
GB00BZ1G4322
Shares in Issue
4,684,937,800
Market cap
£11,557.74m

Analyst Views (5)

Strong Buy
 
100.00%
Buy
 
0.00%
Hold
 
0.00%
Sell
 
0.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
244.95p
Bid Price
244.90p
Ask Price
245.00p
Volume
2091756
Change Today
-1.75p
% Change Today
-0.71%
Open
247.00p
Previous Close
246.70p
Intraday High
247.00p
Intraday Low
244.80p
52 Week High
261.90p
52 Week Low
194.70p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Melrose Intra-day Chart

Melrose News

News in this section is provided by MoneyAM

Broker Forecast - JP Morgan Cazenove issues a broker note on Melrose PLC 21 May 2018 | 11:40 Broker Forecast - Numis issues a broker note on Melrose PLC 14 May 2018 | 09:40 Melrose's ownership of GKN reaches 94% 10 May 2018 | 08:00 Broker Forecast - Deutsche Bank issues a broker note on Melrose PLC 01 May 2018 | 10:20 Melrose to compulsory acquire remaining GKN shares as bid reaches 90% acceptance 27 Apr 2018 | 07:45 Melrose Industries says GKN earnings, margins lower in March quarter 24 Apr 2018 | 07:21 Melrose's offer for GKN becomes unconditional 19 Apr 2018 | 09:36 Melrose Industries confirms satisfaction of GKN takeover conditions 18 Apr 2018 | 07:49 Melrose stake in GKN builds to 82% ahead of its de-listing 17 Apr 2018 | 07:13 Broker Forecast - Peel Hunt issues a broker note on Melrose PLC 12 Apr 2018 | 11:00 Broker Forecast - Deutsche Bank issues a broker note on Melrose PLC 11 Apr 2018 | 09:30 Resources stocks keep FTSE on the front foot heading into Easter 29 Mar 2018 | 16:47 GKN shareholders approve Melrose's takeover bid 29 Mar 2018 | 16:22 GKN shareholders approve Melrose's takeover bid 29 Mar 2018 | 16:22 UPDATE: Melrose, GKN war of words intensifies as bid deadline looms 28 Mar 2018 | 13:25 Melrose Industries held 'constructive' talks with UK authorities over GKN bid 28 Mar 2018 | 07:15 UPDATE: Melrose pledges R&D spending in takeover fight for GKN 27 Mar 2018 | 13:19 Melrose pledges R&D spending in takeover fight for GKN 27 Mar 2018 | 07:52 Higher pound chips away at FTSE 26 Mar 2018 | 16:44 UPDATE: Dana sweetens bid for GKN's Driveline by £100m 26 Mar 2018 | 13:28 Melrose Industries waives US security clearance condition from GKN bid 23 Mar 2018 | 13:10 Melrose reaches pension agreement with GKN trustees 22 Mar 2018 | 10:01 Melrose pledges £1bn to GKN pension scheme in takeover fight 19 Mar 2018 | 07:42 FTSE flat on weaker miners 12 Mar 2018 | 11:55 Melrose sweetens takeover bid for GKN to £8.1bn 12 Mar 2018 | 07:46 Melrose Industries extends offer period for GKN bid 09 Mar 2018 | 15:08 UPDATE: GKN profit falls 16% as margins shrink 27 Feb 2018 | 13:23 Melrose Industries gets US, Canada anti-trust nod for GKN bid 26 Feb 2018 | 07:37 Melrose Industries posts annual loss on write-downs, restructure costs 20 Feb 2018 | 07:23 Miners and banks support FTSE gains 15 Feb 2018 | 11:55

Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Tangible Assets
218.9
271.9
Intangible Assets & Goodwill
2,237.6
2,667.0
Investments & Other Non-Current Assets
55.7
59.7
Total Non-Current Assets
2,512.2
2,998.6
Inventory
275.4
297.3
Trade & Receivables
332.0
365.8
Cash & Receivables
16.3
42.1
Other Current Assets & Assets Held for Resale
9.9
3.8
Total Assets
3,145.8
3,707.6

Liabilities (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Short Term Liabilities
466.8
579.4
Long Term Liabilities
793.8
965.4
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
1,260.6
1,544.8

Net Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Net Assets
1,885.2
2,162.8

Equity (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Share Capital
133.1
129.4
Minority Interests
0.0
0.0
Retained Earnings
2,538.1
2,686.0
Share Premium Account
1,492.6
1,492.6
Other Equity
-2,278.6
-2,145.2
Total Equity
1,885.2
2,162.8

Cashflow (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Cashflow from Operating Activities
32.4
50.6
Cashflow Before Financing
-15.0
-1,084.5
Increase / Decrease in Cash
-23.0
-2,412.7

Income (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Turnover
2,092.2
889.3
Cost of Sales
1,439.4
626.0
Gross Profit
652.8
263.3
Operating Profit
-6.9
-61.6
Pre-Tax Profit
-27.6
-69.3
Profit / Loss for the Year
-23.9
-39.0

Dividend History

Data has been provided by MoneyAM

Period
Ex-Dividend Date
Payment Date
H2 Dividend
05 Apr 2018
21 May 2018
H1 Dividend
07 Sep 2017
06 Oct 2017
H2 Dividend
06 Apr 2017
16 May 2017
H1 Dividend
04 Aug 2016
01 Sep 2016
H2 Dividend
07 Apr 2016
16 May 2016
H1 Dividend
06 Aug 2015
03 Sep 2015
H2 Dividend
16 Apr 2015
18 May 2015
H1 Dividend
17 Sep 2014
16 Oct 2014
H2 Dividend
16 Apr 2014
15 May 2014
H1 Dividend
18 Sep 2013
17 Oct 2013
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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