Melrose Industries is benefiting from strong demand for its engines and aftermarket businesses.
Credit: Andia/Alamy Stock Photo
The UK’s Melrose Industries, the parent company of GKN Aerospace, posted 11% annual revenue growth in 2024 on the back of brisk demand for its engines and aftermarket businesses. Revenue for the year reached £3.47 billion ($4.48 billion), while adjusted operating profit jumped 42% to £540 million....
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Engines, Aftermarket Demand Drive Melrose Industries’ Brisk Growth is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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