Investment case
Melrose is a UK-listed global aerospace technology business with a record of delivering significant value to shareholders.
Our strategy is focused on value creation, founded upon continuous operational and financial improvement over the longer term
Our positive trajectory is underpinned by the strong organic growth prospects within the aerospace sector, our embedded positions on major aircraft and engines, and our exceptional technology portfolio.
1. Well positioned in structurally growing civil and defence aerospace markets
The aerospace market is characterised by long-term structural growth, including record aircraft order books, increasing engine flight hours and rising defence spend. Melrose continues to benefit both from the production ramp-up of new aircraft, as well as the strongly growing engine aftermarket.
2. Established presence on all of the world’s leading aircraft and engines
Melrose has embedded positions on today’s leading commercial narrowbody and widebody aircraft, business jets, as well as the world’s major defence platforms. We have technology on-board around 100,000 flights a day. We are well balanced across the major OEMs within the engines and structures civil and defence markets, fulfilling original equipment and aftermarket activity.
3. Unique portfolio of 19 engine RRSPs giving entitlement to long-term aftermarket growth and cash
We have a uniquely wide portfolio of engine risk and revenue sharing partnerships (RRSPs). All 19 of these programmes are set to be cash positive in 2028, delivering substantial free cash
inflow in the years ahead.
4. Proven track record of continuous business improvement
We drive continuous business improvement to ensure Melrose remains a vibrant and trusted business for all stakeholders. We are focused on operational excellence and delivery for our global customers, and achieving progressive financial results.
5. New growth opportunities from proprietary technology such as Engines’ Additive Fabrication
Melrose is a trusted design partner to our customers, delivering breakthrough technologies and creating high-quality, precision-engineered components. Our differentiated technology, including world-leading additive fabrication capability, enables us to strengthen our existing positions and take advantage of new opportunities.
6. Key partner for next generation aircraft; only player on both next generation engines
Melrose is the only partner on both future single-aisle engine technology programmes: the CFMI RISE and Pratt & Whitney’s next generation GTF. We have also been a wing partner with Airbus for 25 years. Our design-led partnerships mean we are well placed to participate in the next generation of aircraft and engines.