Melrose Industries (LON: MRO) has been one of the most successful companies that started out on AIM. It is one of the few that has managed to move into the FTSE 100 index after switching to the Main Market. That followed a series of acquisitions. On 20 April there will be a demerger that will […]

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Rolls Royce shares slid 4.7% to 86.4p in early morning trading on Thursday after the group swung to a statutory loss of £1.6 billion in HY1 from a profit of £394 million the last year. The aerospace manufacturer reported a revenue growth to £5.6 billion against £814 million as a result of record Power Systems […]

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Rolls Royce (RR) stated that its trading has been in line with expectations since the start of 2022 and said there is no change in its guidance for the rest of the year, in a trading update on Thursday. Rolls Royce forecasts “positive momentum” in its FY22 performance regardless of the constraints and “macroeconomic uncertainties”, […]

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Melrose Industries announced in its trading update for Q1 that its trading is in line with expectations which helped shares gain 4.4% to 112p in early morning trade on Tuesday. Melrose Industries buys and sells engineering companies. The group said that its trading has been consistent with the year’s forecasts in its latest trading update […]

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Meggitt PLC (LON:MGGT) have reported an impressive set of annual results on Tuesday, however shares have remained in red. Shares in Meggitt PLC trade at 581p (-2.15%). 25/2/20 10:01BST. The annual results were impressive reading for the FTSE 100 lister, as organic revenue beat raised guidance. Across 2019, the aerospace parts firm said that revenue […]

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Porvair PLC (LON:PRV) have told the market that they expect profit to be higher in their recent financial year, however shares are in red. Shares in Porvair trade at 760p (-3.31%). 3/2/20 13:41BST. The firm said that it saw a substantial rise in its aerospace and industrial unit revenue, which contributed to the strong trading […]

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Global electronics components manufacturer TT Electronics has seen its share price dip during trading on Tuesday, despite booking a bumper set of fundamentals. The Company posted strong sales ahead of costs, with revenues jumping 23% (20% on constant currency) on a year-on-year basis to £238.2 million for the first half, and operating profits up 32% […]

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