OverviewSuggest Edit

Melrose Industries designs and manufactures electricity generating equipment for the power generation, industrial, oil and gas, and offshore sectors. It offers power generation equipment from 10 MVA to 300 MVA, synchronous and induction motors, and power management and excitation systems. The company also manufactures and sells ventilation products, as well as heating and air conditioning products. Melrose Industries manufactures and distributes convenience and security products, audiovisual equipment, as well as provides productivity solutions, such as home automation and access control technologies.

TypePublic
Founded2003
HQLondon, GB
Websitemelroseplc.net

Latest Updates

Employees (est.) (Dec 2018)60,908(+437%)
Job Openings245
Revenue (FY, 2018)£8.6 B(+312%)
Share Price (Oct 2017)£2.2

Key People/Management at Melrose

Justin Dowley

Justin Dowley

Chairman
Christopher Miller

Christopher Miller

Executive Vice-Chairman
David Roper

David Roper

Executive Vice-Chairman
Simon Peckham

Simon Peckham

Chief Executive
Geoffrey Martin

Geoffrey Martin

Group Finance Director
Archie G. Kane

Archie G. Kane

Independent Non-Executive Director
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Melrose Office Locations

Melrose has offices in London, Birmingham and Atlanta
London, GB (HQ)
Curzon St, Leconfield House
Birmingham, GB
11th Floor, The Colmore Building, 20 Colmore Circus Queensway
Atlanta, US
1180 Peachtree, 1180 Peachtree St NE #2450
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Melrose Financials and Metrics

Melrose Revenue

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Melrose's revenue was reported to be £8.61 b in FY, 2018 which is a 311.3% increase from the previous period.
GBP

Revenue (FY, 2018)

8.6b

Revenue growth (FY, 2017 - FY, 2018), %

311.3%

Gross profit (FY, 2018)

1.7b

Gross profit margin (FY, 2018), %

19.6%

Net income (FY, 2018)

(475.0m)

EBIT (FY, 2018)

(392.0m)

Market capitalization (31-Oct-2017)

4.2b

Closing stock price (31-Oct-2017)

2.2

Cash (31-Dec-2018)

415.0m

EV

7.6b
Melrose's current market capitalization is £4.2 b.
GBPFY, 2016FY, 2017FY, 2018

Revenue

889.3m2.1b8.6b

Revenue growth, %

241%135%311%

Cost of goods sold

626.0m1.4b6.9b

Gross profit

263.3m662.8m1.7b
GBPFY, 2016FY, 2017FY, 2018

Cash

42.1m16.0m415.0m

Accounts Receivable

348.4m313.0m1.9b

Inventories

296.1m276.0m1.5b

Current Assets

707.8m634.0m4.3b
GBPFY, 2016FY, 2017FY, 2018

Net Income

(39.0m)(23.9m)(475.0m)

Depreciation and Amortization

18.1m34.7m282.0m

Inventories

15.0m(8.1m)(108.0m)

Accounts Payable

(9.3m)(16.1m)(159.0m)
GBPY, 2018

EV/EBIT

-19.3 x

EV/CFO

20.3 x

Revenue/Employee

141.3k

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

2.4 x
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Melrose Operating Metrics

FY, 2018

Countries

21

Manufacturing Facilities

54

Technical Centers

5
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Melrose Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
NortekJune 06, 2016$2.80 b
FKIMarch 22, 2008£478 m
Marelli MotoriMarch 22, 2008
Dunacast IntermationalMay 26, 2005
McKechnieMay 26, 2005
2GIG Technologies Canada, Inc.
Aerotron AirPower, Inc.
Alcester Capricorn
Alcester EP1 Limited
Alcester Number 1 Limited
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Melrose Revenue Breakdown

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Melrose revenue breakdown by business segment: 28.8% from Aerospace, 34.1% from Automotive, 9.8% from Powder Metallurgy, 16.9% from Nortek Air and Security and 10.3% from Other Industrial

Melrose revenue breakdown by geographic segment: 23.7% from Europe, 9.9% from United Kingdom, 53.5% from North America and 12.9% from Other

Melrose Online and Social Media Presence

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Melrose News and Updates

Melrose says GM strike hurt its automotive and powder metallurgy divisions

Turnaround specialist Melrose Industries said on Tuesday its automotive and powder metallurgy sales for a four-month period was hit by a strike at U.S. automaker General Motors.

Melrose shares jump as GKN turnaround moves up a gear

Takeover specialist Melrose Industries this morning predicted the downturn in the global automotive industry will persist until at least the [...] The post Melrose share price gets a boost despite GKN job cuts and car industry warning appeared first on CityAM.

Melrose moves to losses as GKN takeover eats into finances

Acquisition specialist Melrose Industries fell into the red in 2018 after the £8bn takeover of aerospace parts group GKN, but shares rose five per cent on Thursday morning investors were buoyed by strong underlying profits. The FTSE 100 firm, which specialises in buying and improving underperform…

SweetFlower Continues to Expand Southern California Presence with Addition of New Boutique on Melrose Avenue

CULVER CITY, Calif., March 6, 2019 /PRNewswire/ -- SweetFlower, a cannabis lifestyle brand committed to modernizing the retail customer experience, today announced it will open SweetFlower Melrose, a licensed cannabis retail boutique, early next month. SweetFlower's latest location is in...

Garden Remedies, Inc. Confirms New 2018 Cannabis Special Permits in Marlborough, Newton, Fitchburg and Melrose, Massachusetts

BOSTON, Dec. 17, 2018 /PRNewswire/ -- Garden Remedies, Inc., Massachusetts' only cannabis company founded and led by a woman physician, confirms a significant expansion of its business in 2018. The company was granted multiple new special permits for cannabis sales in Marlborough, Newton, ...

Open Now, No Appointment Necessary: Melrose, Massachusetts' Only Medical Marijuana Dispensary, Garden Remedies' Second Location

MELROSE, Mass., Nov. 16, 2018 /PRNewswire/ -- This morning, Garden Remedies opened its doors to serve patients in Melrose, Massachusetts' only medical marijuana dispensary, located at 732 Newburyport Turnpike, Melrose, Massachusetts, 02176. The dispensary serves only registered medical...
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Melrose Frequently Asked Questions

  • When was Melrose founded?

    Melrose was founded in 2003.

  • Who are Melrose key executives?

    Melrose's key executives are Justin Dowley, Christopher Miller and David Roper.

  • How many employees does Melrose have?

    Melrose has 60,908 employees.

  • What is Melrose revenue?

    Latest Melrose annual revenue is £8.6 b.

  • What is Melrose revenue per employee?

    Latest Melrose revenue per employee is £141.3 k.

  • Who are Melrose competitors?

    Competitors of Melrose include Lennox International, Yaskawa Electric and Paradigm Systems.

  • Where is Melrose headquarters?

    Melrose headquarters is located at Curzon St, Leconfield House, London.

  • Where are Melrose offices?

    Melrose has offices in London, Birmingham and Atlanta.

  • How many offices does Melrose have?

    Melrose has 3 offices.