Melrose Industries Plc (LSE: MRO), has reported strong results for the six months ended 30 June 2019, the adjusted revenues from continuing operations surged to Â£6,002 million as compared to Â£2,971 million for the same period in 2018. The adjusted operating profit almost doubled to Â£539 million from Â£284 million in H1 2018. Excluding the uplift from loss-making contracts, the adjusted operating profit was Â£494 million. The company has made significant investment into class leading eDrive technology.
On 5th September 2019, at the time of writing, GMT 08:05 AM, MRO shares were trading at GBX 196.05, up by 10.55 points or 5.69% against the previous day closing price.