Meggitt is a global engineering group specializing in extreme environment components and smart sub-systems for aerospace, defense, and energy markets. The Group's civil aerospace presence covers large commercial transports, regional aircraft, business jets, helicopters and general aviation. Its defense markets cover various military aircraft types, land systems, naval platforms and aerial, land-based and marine threat simulation training and weapons systems development. In addition, Meggitt PLC offers core fluid controls, heat management and sensing and monitoring solutions, many of which are deployed to help reduce the maintenance costs, fuel consumption and carbon emissions of industrial gas and steam turbines.

Type
Public
HQ
Christchurch , GB
Founded
1850
Size (employees)
11,210 (est)
Meggitt was founded in 1850 and is headquartered in Christchurch , GB
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Key People/Management at Meggitt

Nigel Dl

Nigel Dl

Non-Executive Chairman
Tony Wood

Tony Wood

Chief Executive Officer
Guy Berruyer

Guy Berruyer

Non-Executive Director
Colin Day

Colin Day

Non-Executive Director
Nancy Gioia

Nancy Gioia

Non-Executive Director
Alison Goligher

Alison Goligher

Non-Executive Director
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Meggitt Office Locations

Meggitt has offices in Kvistgård, Archamps, Angoulême, Rugby and in 27 other locations
Christchurch , GB (HQ)
Atlantic House, 3 Aviation Park West
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Meggitt Financials and Metrics

Meggitt Financials

Meggitt's revenue was reported to be £2.03 b in FY, 2017 which is a 1.8% increase from the previous period.
GBP

Revenue (FY, 2017)

2 b

Revenue growth (FY, 2016 - FY, 2017), %

1.8%

Gross profit (FY, 2017)

793.3 m

Gross profit margin (FY, 2017), %

39.1%

Net income (FY, 2017)

350 m

EBIT (FY, 2017)

304.2 m

Cash (31-Dec-2017)

118.5 m
Annual
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.6 b1.6 b1.6 b2 b2 b

Revenue growth, %

(5%)6%21%2%

Cost of goods sold

981.1 m935.9 m997.2 m1.2 b1.2 b

Gross profit

656.2 m617.8 m650 m775.2 m793.3 m
Half Year
GBPH1, 2015H1, 2016H1, 2017

Revenue

793.7 m882.9 m968.1 m

Cost of goods sold

473.5 m547.4 m586.9 m

Gross profit

320.2 m335.5 m381.2 m

Gross profit Margin, %

40%38%39%
Annual
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

116.1 m105.5 m145.4 m173.8 m118.5 m

Accounts Receivable

328.9 m331.9 m353.7 m434.5 m437.1 m

Inventories

299.2 m327.2 m415.2 m468.5 m404.1 m

Current Assets

758.2 m769.6 m928.2 m1.1 b977.3 m
Half Year
GBPH1, 2015H1, 2016H1, 2017

Cash

95.3 m61.2 m96.6 m

Accounts Receivable

309.9 m393.8 m406.7 m

Inventories

359.1 m496.5 m469.7 m

Current Assets

771 m957.5 m981 m
Annual
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

350 m

Depreciation and Amortization

208 m

Cash From Operating Activities

282.3 m312.2 m375.4 m321.8 m377.2 m

Purchases of PP&E

(52.4 m)(33 m)(45.8 m)(51.7 m)(62 m)
Half Year
GBPH1, 2015H1, 2016H1, 2017

Cash From Operating Activities

129.1 m58.8 m108.9 m

Purchases of PP&E

(22.8 m)(22.2 m)(28.4 m)

Cash From Investing Activities

(90 m)(89.7 m)(27.6 m)

Dividends Paid

(75.6 m)(75.8 m)(79.6 m)
GBPY, 2017

Revenue/Employee

180.8 k

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.9 x
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Meggitt Operating Metrics

FY, 2014H1, 2015FY, 2015H1, 2016FY, 2016May, 2017H1, 2017FY, 2017

Order Volume

£1.61 b£775.30 m£1.63 b£911.80 m£1.99 b£966.80 m£2.08 b

Facilities

27

Manufacturing Facilities

51 48
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Meggitt Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Avery Hardoll Fluid Management Ltd.
Aviation Mobility LLC
Avica U.S Inc.
Dunlop Holdings Ltd.
Endevco Corporation
Fotomechanix Limited
Fotomechanix Ltd
GB Aero Engine LLC (USA)
Hayes Targets
Heatric Limited
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Meggitt News and Updates

Aircraft Tire Pressure and Brake Temperature Monitoring System Market growing due to Standing of Asset Management in Industry

The study of the Aircraft Tire Pressure and Brake Temperature Monitoring System market by HTF MI provides the market size information and market trends along with factors and parameters impacting it in both short- and long-term. Posted via Industry Today. Follow us on Twitter @IndustryToday

Meggitt chair faces shareholder unrest for “overboarding”

The chair of FTSE 250 engineering company Sir Nigel Rudd faces a potential shareholder backlash over his re-election at its Thursday annual general meeting (AGM). The shareholder unrest has been stimulated by concerns of so-called “overboarding”, that is having too many board positions at other p…

Air Data Systems Market 2017 Global Industry Key Players, Segmentation and Opportunity Forecasts To 2022

Wiseguyreports.Com Adds “Air Data Systems-Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2022” To Its Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday

Aircraft Fire Detection & Protection Systems Market to Receive overwhelming hike in Revenues by 2025

Aircraft fire detection & protection systems also track any condition that might lead to a fire inside the aircraft. In case of such a situation, these systems sense and transmit signals to alarm devices by creating audible as well as visible signals. Posted via Industry Today. Follow us on Twit…
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