Melrose Industries PLC 2018 AR2
The report highlights Melrose Industries PLC's transformational year in 2018, marked by the successful acquisition of GKN plc, which now represents approximately 85% of group sales. The company achieved strong financial results with adjusted revenue of #9.1 billion and adjusted operating profit of #847 million. Key operational improvements were made across its divisions, including Nortek Air & Security, which saw its adjusted operating margins increase to 15%. Additionally, Melrose committed to improving GKN's UK pension schemes and established the #10 million Melrose Skills Fund to support engineering education.
Company: Melrose Industries PLC
Sector: Manufacturing
Country: United Kingdom
Year: 2018
Type: AR2
Pages: 208
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Melrose Industries PLC
Annual Report
The report highlights Melrose Industries PLC's transformational year in 2018, marked by the successful acquisition of GKN plc, which now represents approximately 85% of group sales. The company achieved strong financial results with adjusted revenue of #9.1 billion and adjusted operating profit of #847 million. Key operational improvements were made across its divisions, including Nortek Air & Security, which saw its adjusted operating margins increase to 15%. Additionally, Melrose committed to improving GKN's UK pension schemes and established the #10 million Melrose Skills Fund to support engineering education.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Women on Board
Women in Management
Workplace Fatalities
Employees