£952.2 M

Meggitt Revenue H1, 2018
Meggitt Gross profit (H1, 2018)344.4 M
Meggitt Gross profit margin (H1, 2018), %36.2%
Meggitt Net income (H1, 2018)90.4 M
Meggitt EBIT (H1, 2018)123.8 M
Meggitt Cash, 30-Jun-2018103.7 M

Meggitt Revenue

Meggitt revenue was £2.03 b in FY, 2017 which is a 1.8% year over year increase from the previous period.

Embed Graph

Meggitt Revenue Breakdown

Embed Graph

Meggitt revenue breakdown by business segment: 12.9% from Meggitt Equipment Group, 25.4% from Meggitt Sensing Systems, 16.6% from Meggitt Polymers & Composites, 26.0% from Meggitt Control Systems and 19.1% from Meggitt Aircraft Braking Systems

Meggitt Income Statement

Annual

GBPFY, 2015FY, 2016FY, 2017

Revenue

1.6b2.0b2.0b

Revenue growth, %

6%21%2%

Cost of goods sold

997.2m1.2b1.2b

Gross profit

650.0m775.2m793.3m

Gross profit Margin, %

39%39%39%

Operating expense total

413.4m541.5m489.1m

EBIT

236.6m233.7m304.2m

EBIT margin, %

14%12%15%

Interest expense

29.1m40.2m43.2m

Interest income

2.7m2.0m1.4m

Pre tax profit

210.2m195.5m262.4m

Income tax expense

28.1m24.3m(87.6m)

Net Income

182.1m171.2m350.0m

Half Year

GBPH1, 2015H1, 2016H1, 2017H1, 2018

Revenue

793.7m882.9m968.1m952.2m

Cost of goods sold

473.5m547.4m586.9m607.8m

Gross profit

320.2m335.5m381.2m344.4m

Gross profit Margin, %

40%38%39%36%

Operating expense total

190.7m272.5m173.0m220.6m

EBIT

63.0m208.2m123.8m

EBIT margin, %

7%22%13%

Interest expense

17.3m23.4m19.1m

Interest income

900.0k700.0k500.0k

Pre tax profit

115.8m46.6m185.5m105.2m

Income tax expense

16.2m4.5m24.9m14.8m

Net Income

99.6m42.1m160.6m90.4m

Meggitt Balance Sheet

Annual

GBPFY, 2015FY, 2016FY, 2017

Cash

145.4m173.8m118.5m

Accounts Receivable

353.7m434.5m428.4m

Inventories

415.2m468.5m452.7m

Current Assets

928.2m1.1b972.3m

PP&E

290.3m336.9m406.8m

Goodwill

1.9b2.1b1.9b

Total Assets

4.5b5.3b4.6b

Accounts Payable

402.1m464.0m406.1m

Short-term debt

4.0m175.7m71.4m

Current Liabilities

492.2m760.2m645.9m

Long-term debt

1.2b1.2b1.0b

Non-Current Liabilities

1.9b2.1b1.6b

Total Debt

1.2b1.3b1.1b

Total Liabilities

2.4b2.9b2.3b

Common Stock

38.8m38.8m38.8m

Additional Paid-in Capital

1.2b1.2b1.2b

Retained Earnings

661.9m630.6m642.7m

Total Equity

2.2b2.5b2.3b

Debt to Equity Ratio

0.5 x0.5 x0.5 x

Debt to Assets Ratio

0.3 x0.3 x0.2 x

Financial Leverage

2.1 x2.2 x2 x

Half Year

GBPH1, 2015H1, 2016H1, 2017H1, 2018

Cash

95.3m61.2m96.6m103.7m

Accounts Receivable

309.9m393.8m406.7m411.9m

Inventories

359.1m496.5m469.7m452.7m

Current Assets

771.0m957.5m981.0m1.0b

PP&E

254.2m313.4m323.9m405.3m

Goodwill

1.5b2.0b2.0b2.0b

Total Assets

3.9b4.9b5.0b4.7b

Accounts Payable

330.7m377.9m391.7m389.4m

Short-term debt

25.4m15.3m200.6m63.1m

Current Liabilities

424.7m492.4m716.6m632.3m

Long-term debt

776.2m1.3b1.0b1.1b

Non-Current Liabilities

1.4b2.1b1.8b1.7b

Total Debt

801.6m1.3b1.2b1.1b

Total Liabilities

1.9b2.6b2.5b2.3b

Common Stock

39.1m38.8m38.8m38.8m

Additional Paid-in Capital

1.2b1.2b1.2b1.2b

Retained Earnings

643.1m574.8m732.6m688.2m

Total Equity

2.1b2.3b2.5b2.4b

Debt to Equity Ratio

0.4 x0.6 x0.5 x0.5 x

Debt to Assets Ratio

0.2 x0.3 x0.2 x0.2 x

Financial Leverage

1.9 x2.1 x2 x2 x

Meggitt Cash Flow

Annual

GBPFY, 2015FY, 2016FY, 2017

Depreciation and Amortization

160.9m206.7m266.8m

Cash From Operating Activities

375.4m321.8m377.2m

Purchases of PP&E

(45.8m)(51.7m)(62.0m)

Cash From Investing Activities

(539.6m)(130.9m)(130.8m)

Long-term Borrowings

(67.4m)(537.5m)(224.2m)

Dividends Paid

(111.1m)(113.0m)(118.6m)

Cash From Financing Activities

202.0m(185.7m)(296.9m)

Net Change in Cash

37.8m5.2m(50.5m)

Interest Paid

(16.2m)(26.6m)(34.9m)

Income Taxes Paid

(15.3m)(27.4m)(24.1m)

Half Year

GBPH1, 2015H1, 2016H1, 2017H1, 2018

Depreciation and Amortization

91.1m102.2m91.7m

Cash From Operating Activities

129.1m58.8m108.9m88.2m

Purchases of PP&E

(22.8m)(22.2m)(28.4m)(29.4m)

Cash From Investing Activities

(90.0m)(89.7m)(27.6m)(28.2m)

Long-term Borrowings

(1.1m)(103.8m)(100.7m)

Dividends Paid

(75.6m)(75.8m)(79.6m)(83.3m)

Cash From Financing Activities

(48.0m)(59.7m)(156.1m)(73.9m)

Net Change in Cash

(8.9m)(90.6m)(74.8m)(13.9m)

Interest Paid

(15.6m)(18.0m)(15.5m)

Income Taxes Paid

(14.7m)(10.2m)(11.4m)

Meggitt Ratios

GBPY, 2018

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

2 x
Report incorrect company information

Meggitt Operating Metrics

FY, 2014H1, 2015FY, 2015H1, 2016FY, 2016H1, 2017FY, 2017H1, 2018

Order Volume

£1.61 b£775.30 m£1.63 b£911.80 m£1.99 b£966.80 m£2.08 b£1.09 b

Aircraft Fleet

44 k45 k47 k

Business Jet Delivery

717 646 621

Business Jets

17 k18 k18 k18 k19 k19 k

Jet Fleet

21 k21 k21 k22 k22 k23 k

Large Jet Delivery

1.39 k1.45 k1.51 k

Manufacturing Facilities

51 48

Meggitt Aircraft Braking Systems

34 k35 k34 k35 k35 k35 k

Regional Aircraft Delivery

297 259 268

Regional Aircraft Fleet

6 k6 k6 k6 k6 k6 k
Report incorrect company information

Meggitt Employee Rating

2.9381 votes
Culture & Values
2.6
Work/Life Balance
2.9
Senior Management
2.5
Salary & Benefits
3.0
Career Opportunities
2.6
Source