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Meggitt plc

MGGT.L

Latest Trade

613.20GBp

Change

1.20(+0.20%)

Volume

1,307,371

Today's Range

608.00

 - 

621.60

52 Week Range

484.30

 - 

701.80

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Pricing

Previous Close
612.00
Open
618.00
Volume
1,307,371
3M AVG Volume
35.08
Today's High
621.60
Today's Low
608.00
52 Week High
701.80
52 Week Low
484.30
Shares Out (MIL)
777.56
Market Cap (MIL)
4,954.62
Forward P/E
--
Dividend (Yield %)
--

Next Event

Full Year 2019 Meggitt PLC Earnings Release

Latest Developments

More

Ontic Signs License Agreement With Meggitt

First Pacific Advisors Discloses Below 3% Stake In Meggitt As Of Nov 25

Meggitt FY Margin Growth To Be Held Back By 737 MAX Grounding

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About Meggitt plc

Meggitt PLC is an engineering company. The Company designs and manufactures high performance components and sub-systems for aerospace, defense and other specialist markets, including energy, medical, industrial, test and automotive. The Company's segments are Meggitt Aircraft Braking Systems (MABS), Meggitt Control Systems (MCS), Meggitt Polymers & Composites (MPC), Meggitt Sensing Systems (MSS) and the Meggitt Equipment Group (MEG). Its MABS supplies aircraft wheels, brakes and brake control systems. Its MCS supplies pneumatic, fluid control, thermal management and electro-mechanical equipment and sub-systems. Its MPC specializes in fuel containment and systems, sealing solutions and advanced composites. Its MSS provides sensing, monitoring, power and motion systems, which specializes in products designed to operate in demanding conditions across a range of applications. Its MEG enables a set of technologically distinct businesses to market their offerings to specialist customers.

Contact Info

Atlantic House, 3 Aviation Park West

+44.1202.597597

http://www.meggitt.com

Executive Leadership

Nigel Rudd

Non-Executive Independent Chairman of the Board

Antony Wood

Chief Executive Officer, Chief Operating Officer, Executive Director

Louisa S. Burdett

Chief Financial Officer, Executive Director

Marina L. Thomas

Company Secretary

Guy S. Berruyer

Senior Non-Executive Independent Director

Key Stats

2.79 mean rating - 19 analysts
Sell
Hold
Buy
Revenue (MM, GBP)

2016

2.0K

2017

2.0K

2018

2.1K

2019(E)

2.2K
EPS (GBp)

2016

34.300

2017

34.600

2018

33.700

2019(E)

35.973
Price To Earnings (TTM)
35.48
Price To Sales (TTM)
2.25
Price To Book (MRQ)
2.03
Price To Cash Flow (TTM)
14.95
Total Debt To Equity (MRQ)
50.95
LT Debt To Equity (MRQ)
45.70
Return on Investment (TTM)
3.46
Return on Equity (TTM)
2.97

Latest News

Latest News

UPDATE 1-Meggitt boosts annual organic revenue forecast; warns of pressured margins

Engineering firm Meggitt Plc on Tuesday raised its outlook for annual organic revenue growth, buoyed by a strong third-quarter performance in the U.S. defence market, but warned margins would be pressured because of Boeing's grounded 737 MAX.

Engineering firm Meggitt warns on annual margins due to 737MAX grounding

British engineering firm Meggitt Plc on Tuesday raised its outlook for annual organic revenue growth, buoyed by good third-quarter performance in the U.S. defence market but warned of pressured margins due to the grounding of Boeing's 737MAX.

UPDATE 1-Engineer Meggitt signals softer 2019 after strong first quarter

British engineering company Meggitt Plc reported organic revenue growth of 9 percent in the first quarter, but warned it would face tougher comparisons for the rest of 2019 and the potential for air traffic growth to moderate.

Engineer Meggitt posts higher first-quarter revenue

British engineering company Meggitt Plc reported organic revenue growth of 9 percent in the first quarter, but warned it would face tougher comparisons for the rest of 2019 and the potential for air traffic growth to moderate.

UPDATE 1-UK's Meggitt forecasts steady margin improvements, outlines Brexit plans

British engineering company Meggitt said it would take about two years before its operating margins significantly improve, sending its shares sliding after a recent strong run.

Slow margin improvement overshadows Meggitt's results

British engineering company Meggitt said it would take around two years before its operating margins significantly improve, sending its shares sliding after a recent strong run.

Meggitt signs $750 million contract with engine maker Pratt & Whitney

British engineering firm Meggitt Plc <MGGT.L> said on Monday it had signed a $750 million contract with Pratt & Whitney <UTX.N> to continue supplying components for two of the U.S. firm's engines.

CORRECTED-Meggitt signs $750 mln contract with engine maker Pratt & Whitney

UK engineering firm Meggitt Plc said on Monday it signed a $750 million contract with Pratt & Whitney for supply of components for two of its engines.

RPT-UPDATE 2-Meggitt higher on upgrade to 2018 revenue growth

* Sees 2018 organic revenue growth at 7-8 pct, up from 4-6 pct

UPDATE 1-Meggitt boosted by strong aerospace demand, sees composite unit improving

Meggitt is on track to meet upgraded guidance after seeing strong demand for its wheels, brakes and other aerospace parts, the British engineering firm said on Tuesday, adding its composite business was also showing signs of improvement.

UPDATE 2-Britain's Meggitt sees stronger growth but warns on margins

* (Updates shares, comparison with rivals, context on U.S. defence market)

Meggit hikes 2018 revenue guidance as market conditions improve

British engineering company Meggit said it now expects total organic revenue growth in 2018 to rise by 4-6 percent, up from 2-4 percent earlier, helped by a stronger than anticipated trading in the second quarter.

BRIEF-Meggitt To Dispose Precision Micro Business For 22.5 Mln Stg In Cash

* HAS SOLD PRECISION MICRO, SPECIALISTS IN PRODUCTION PHOTO ETCHING FOR AUTOMOTIVE AND MEDICAL SECTORS, TO LDC, PRIVATE EQUITY ARM OF LLOYDS BANKING GROUP FOR £22.5 MILLION IN CASH

Shares in British engineer Meggitt slide as results disappoint

Shares in Meggitt fell more than 6 percent on Tuesday after 2017 results and outlook missed analyst forecasts, although the British engineer said the performance of its military and energy businesses would improve in 2018.

BRIEF-Meggitt ‍Says Notes Enactment Of Tax Cuts And Jobs Act In United States On Dec 22

* NOTES ENACTMENT OF TAX CUTS AND JOBS ACT IN UNITED STATES ON 22 DECEMBER 2017

Meggitt sees possible impairment after Dassault axes Falcon 5X jet

Meggitt said Dassault Aviation SA's cancellation of its Falcon 5X business jet programme could lead to a non-cash impairment of some or all of the capitalised work undertaken by Meggitt to date.

Britain's Meggitt eyes potential U.S. defence boost as CEO retires

* Q3 revenue held back by declines in military and energy units

MOVES-Meggitt names Tony Wood CEO

Meggitt Plc, which makes components for aerospace, defense and energy markets, named Tony Wood chief executive officer, effective Jan. 1.

Britain's Meggitt on track to meet annual forecasts

British auto and aircraft parts maker Meggitt reiterated its annual guidance for a 2 to 4 percent rise in organic revenue after it reported first-half results helped by currency moves and civil aerospace demand.

UPDATE 2-Shares in GKN, Meggitt jump on aerospace, defence outlook

* GKN says will outperform both civil aerospace and auto markets

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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