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Melrose Industries: Trading Modestly Ahead Of Expectations


Melrose Industries: Trading Modestly Ahead Of Expectations
LONDON (dpa-AFX) - Melrose Industries (MRO.L) issued its trading update for the four months from 1 January to 30 April 2021. For the Melrose Group, sales was up 8% from last year. Excluding Nortek Air Management, sales grew by 4%. The Group said the operating margins achieved in the first quarter continued to improve faster than expected and cash generation for the Group is encouraging, with Melrose being cash neutral in the first quarter.
Simon Peckham, CEO of Melrose Industries PLC, said: We are pleased with our start to the year and hopefully will see this momentum continue for the rest of the year. We are encouraged by the significant improvements made to the GKN businesses being reflected in their financial performance. ....

City Of , United Kingdom , Simon Peckham , Melrose Group , Melrose Industries , Nortek Air Management , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , சிமோன் பெகம் , மெல்ரோஸ் குழு , மெல்ரோஸ் தொழில்கள் , நோர்டெக் அேக மேலாண்மை ,

Franc Mixed Ahead Of Swiss CPI


Franc Mixed Ahead Of Swiss CPI
BRUSSELS (dpa-AFX) - At 2.30 am ET Wednesday, the Federal Statistical Office releases Swiss consumer price data for April. Inflation is forecast to rise to +0.3 percent from -0.2 percent in March.
Ahead of the data, the franc traded mixed against its major counterparts. While it fell against the greenback and the pound, it held steady against the yen and the euro.
The franc was worth 119.69 against the yen, 1.0978 against the euro, 1.2702 against the pound and 0.9144 against the greenback as of 2.25 am ET.
Copyright RTT News/dpa-AFX ....

Bruxelles Capitale , Kostenloser Wertpapierhandel , Statistical Office , Federal Statistical Office , ப்ரூக்ஸெல்ஸ் தலைநகரம் , புள்ளிவிவர அலுவலகம் , கூட்டாட்சியின் புள்ளிவிவர அலுவலகம் ,