Melrose Industries (MRO)

Sector:

Manufacturing

Index:

FTSE 100

469.20p
   
  • Change Today:
      2.70p
  • 52 Week High: 680.00
  • 52 Week Low: 385.90
  • Currency: UK Pounds
  • Shares Issued: 1,273.60m
  • Volume: 2,008,558
  • Market Cap: £5,976m
  • RiskGrade: 135
  • Beta: 0.03

Dividend Data

  31-Dec-2431-Dec-2331-Dec-2231-Dec-2131-Dec-20
Interim Dividend2.00p1.50p0.82p0.75p2.25p
Final Dividend4.00p3.50pn/a1.00pn/a
Total Dividend6.00p5.00p2.33p1.75p0.75p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
Revenue 3,468.00 3,350.00 2,954.00 6,650.00 7,132.00
Operating Profit/(Loss) (4.00) 57.00 (270.00) (493.00) (519.00)
Net Interest (102.00) (65.00) (58.00) (167.00) (192.00)
Profit Before Tax (106.00) (8.00) (328.00) (660.00) (679.00)
Profit After Tax (49.00) 1.00 (229.00) (480.00) (565.00)
Discontinued Operations          
Profit After Tax n/a (1,020.00) (74.00) 1,317.00 32.00
PROFIT FOR THE PERIOD (49.00) (1,019.00) (303.00) 837.00 (533.00)
Attributable to:          
Equity Holders of Parent Company (49.00) (1,019.00) (303.00) 833.00 (536.00)
Minority Interests n/a n/a n/a 4.00 3.00
           
Continuing EPS          
Earnings per Share - Basic (3.70p) 0.100p (16.30p) (10.30p) (11.70p)
Earnings per Share - Diluted (3.70p) 0.100p (16.30p) (10.30p) (11.70p)
Earnings per Share - Adjusted 26.80p 19.50p 4.10p 3.10p (0.60p)
Continuing and Discontinued EPS          
Earnings per Share - Basic (3.70p) (75.50p) (21.90p) 17.70p (11.00p)
Earnings per Share - Diluted (3.70p) (75.50p) (21.90p) 17.70p (11.00p)
Earnings per Share - Adjusted 26.80p 19.50p 4.10p 3.10p (0.60p)
           
Dividend per Share 6.00p 5.00p 2.33p 1.75p 0.75p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Assets          
Non-Current Assets          
Property, Plant & Equipment 821.00 777.00 2,599.00 2,528.00 3,133.00
Intangible Assets 3,094.00 3,351.00 6,846.00 7,390.00 9,198.00
Investment Properties n/a n/a n/a n/a n/a
Investments 77.00 121.00 497.00 516.00 464.00
Other Financial Assets 12.00 46.00 36.00 47.00 101.00
Other Non-Current Assets 1,852.00 1,386.00 1,136.00 957.00 619.00
  5,856.00 5,681.00 11,114.00 11,438.00 13,515.00
Current Assets          
Inventories 528.00 513.00 1,025.00 893.00 1,126.00
Trade & Other Receivables 949.00 815.00 1,426.00 1,184.00 1,658.00
Cash at Bank & in Hand 88.00 58.00 355.00 473.00 311.00
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 15.00 19.00 67.00 34.00 70.00
  1,580.00 1,405.00 2,873.00 2,584.00 3,165.00
           
Other Assets n/a 18.00 n/a n/a n/a
Total Assets 7,436.00 7,104.00 13,987.00 14,022.00 16,680.00
           
Liabilities          
Current Liabilities          
Borrowings 41.00 94.00 123.00 519.00 246.00
Other Current Liabilities 1,710.00 1,546.00 2,855.00 2,605.00 3,117.00
  1,751.00 1,640.00 2,978.00 3,124.00 3,363.00
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 1,602.00 728.00 1,739.00 1,222.00 3,400.00
Provisions 593.00 580.00 949.00 1,022.00 1,338.00
Other Non-Current Liabilities 646.00 589.00 1,153.00 1,114.00 1,469.00
  2,841.00 1,897.00 3,841.00 3,358.00 6,207.00
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 4,592.00 3,537.00 6,819.00 6,482.00 9,570.00
           
Net Assets 2,844.00 3,567.00 7,168.00 7,540.00 7,110.00
           
Capital & Reserves          
Share Capital 1.00 309.00 309.00 333.00 333.00
Share Premium Account 1,000.00 3,271.00 3,271.00 3,271.00 8,138.00
Other Reserves (1,935.00) (1,195.00) (830.00) (1,416.00) (2,251.00)
Retained Earnings 3,778.00 1,182.00 4,379.00 5,319.00 861.00
Shareholders Funds 2,844.00 3,567.00 7,129.00 7,507.00 7,081.00
           
Minority Interests/Other Equity n/a n/a 39.00 33.00 29.00
Total Equity 2,844.00 3,567.00 7,168.00 7,540.00 7,110.00
Cash Flow 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Net Cash Flow From Operating Activities (121.00) 29.00 204.00 263.00 764.00
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (68.00) 721.00 192.00 2,511.00 (248.00)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities 219.00 (966.00) (599.00) (2,466.00) (676.00)
Net Increase/Decrease In Cash 30.00 (216.00) (203.00) 308.00 (160.00)
Ratios - based on IFRS 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
PE Ratio - Adjusted 20.7 29.1 98.4 154.7 n/a
PEG - Adjusted 0.6 0.1 3.1 n/a n/a
Earnings per Share Growth - Adjusted 37% 376% 32% n/a n/a
Dividend Cover 4.47 3.90 1.76 1.77 (0.80)
Revenue per Share 261.93p 238.43p 210.10p 141.64p 146.81p
Pre-Tax Profit per Share (8.01p) (0.57p) (23.33p) (14.06p) (13.98p)
Operating Margin (0.12%) 1.70% (9.14%) (7.41%) (7.28%)
Return on Capital Employed n/a 3.52% n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 20.7 29.1 98.4 154.7 n/a
PEG - Adjusted 0.6 0.1 3.1 n/a n/a
Earnings per Share Growth - Adjusted 37% 376% 32% n/a n/a
Dividend Cover 4.47 3.90 1.76 1.77 (0.80)
           
Dividend Yield 1.1% 0.9% 0.6% 0.4% 0.2%
Dividend per Share Growth 20.00% 115.05% 32.86% 133.33% (55.88%)
Operating Cash Flow per Share (9.14p) 2.06p 14.51p 5.60p 15.73p
Cash Incr/Decr per Share 2.27p (15.37p) (14.44p) 6.56p (3.29p)
Net Asset Value per Share (exc. Intangibles) (18.88p) 15.37p 22.90p 3.19p (42.98p)
Net Gearing 54.68% 21.42% 21.14% 16.89% 47.10%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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