Aerospace group Melrose's revenue outlook triggers share price slide
GKN Aerospace owner Melrose forecast 2025 revenue below most analysts' expectations, sending its shares sharply lower on ...
GKN Automotive owner hit by EV market volatility ahead of sale to US rival
The automotive engineering specialist reported its adjusted revenue dropped by 6.4 per cent at constant currency rates to ...
Investors Chronicle15d
Resurgent cash flows will turn this aerospace giant around
The operating margin at the engines division is set to head north because of better RRSP cash flows, the end of a lengthy restructuring programme (which should be finalised this year), and a ...
Melrose shares tumble as five-year targets fail to wow investors
The owner of GKN Aerospace, Melrose, has outlined plans to generate £5bn in revenue by 2029 as part of its growth ambitions.
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LSE:GKN (GKN)
GKN is a British engineering company specialising in manufacture and service of systems and components with aerospace and automotive applications. In 2017, GKN generated GBP 9.7 billion in revenue.