Melrose Sinks on Soft Outlook, CEO Sees Defense Boost in 2027
Melrose Industries Plc shares dropped after the company issued disappointing guidance for 2026, with Chief Executive Officer Peter Dilnot saying the boost from defense spending will be visible from 2027.
By Chloe Meley · Bloomberg
Melrose Industries Plc shares dropped after the company issued disappointing guidance for 2026, with Chief Executive Officer Peter Dilnot saying the boost from defense spending will be visible from 2027.