Melrose Industries PLC (MRO.L) said that trading for the group in the period was in line with expectations. During the period, revenue was 1 percent lower than last year, at constant currency, and operating margin was higher.
Melrose noted that Elster's revenue was slightly ahead in the period and the headline profit and operating margin are both up on last year.
The company added that profit performance for the energy division was flat compared with 2012 with sales being down 1 percent.
The company stated that overall group performance during the period has been encouraging and Board remains confident about the outcome for the year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.