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Melrose gets engine arm firing

Division's adjusted operating profit reports 10.3 percentage point improvement
March 7, 2024
  • Civil engines aftermarket volumes increase by 40%
  • £500mn buyback set to complete by September

Melrose Industries (MRO) remains “nicely on track” to deliver on the ambitious target set last year to double profits twice between 2022-2025, according to chief executive Peter Dilnot.

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