MGGT.L - Meggitt PLC

LSE - LSE Delayed price. Currency in GBp
490.80
-2.80 (-0.57%)
At close: 4:35PM BST
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Previous close493.60
Open492.80
Bid0.00 x 51200
Ask0.00 x 98400
Day's range488.00 - 494.70
52-week range415.50 - 530.00
Volume1,242,130
Avg. volume3,287,420
Market cap3.79B
Beta0.23
PE ratio (TTM)11.08
EPS (TTM)44.30
Earnings date7 Aug 2018
Forward dividend & yield0.16 (3.63%)
Ex-dividend date2018-03-22
1y target est495.18
  • City grandee Rudd faces 'overboarding' backlash in Meggitt vote
    Sky News25 days ago

    City grandee Rudd faces 'overboarding' backlash in Meggitt vote

    Sir Nigel Rudd, one of Britain's leading industrialists, will this week suffer a major shareholder rebellion at the aerospace engineering group Meggitt (Other OTC: MEGGF - news) amid a row over his portfolio of corporate chairmanships. Sky News has learnt that up to one third of Meggitt's shareholders are expected to withhold support for Sir Nigel's re-election as the company's chairman at its annual general meeting on Thursday. In a report to clients which ‎has been seen by Sky News, Institutional Shareholder Services (ISS (LSE: 0QRS.L - news) ) said Sir Nigel's three other public company chairman roles were"likely to undermine [his] ability to adequately fulfil his role as chairman of Meggitt plc".

  • The Wall Street Journal26 days ago

    [$$] Meggitt Sells Precision Micro to LDC

    The engineering company said the sale was consistent with its strategy to focus on businesses of scale in attractive markets.

  • Reuters - UK Focus2 months ago

    LIVE MARKETS-Closing snapshot: Wall Street's trade war fear sours the mood

    March 14 - Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts ...

  • Reuters - UK Focus2 months ago

    LIVE MARKETS-"The only irreversible thing in life is death, not a currency"

    March 14 - Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts ...

  • Reuters - UK Focus2 months ago

    LIVE MARKETS-Just Eat: delivering uncertainty

    March 14 - Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts ...

  • Reuters - UK Focus2 months ago

    LIVE MARKETS-adidas seen from the street

    March 14 - Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts ...

  • Reuters - UK Focus2 months ago

    LIVE MARKETS-All quiet on the Russian front... of M&A

    March 14 - Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts ...

  • Reuters - UK Focus2 months ago

    LIVE MARKETS-Investor sentiment reflects Brexit voting patterns

    March 14 - Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts ...

  • Reuters - UK Focus2 months ago

    LIVE MARKETS-Look up! Cash coming from aerospace

    March 14 - Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts ...

  • Reuters3 months ago

    Shares in British engineer Meggitt slide as results disappoint

    Shares in Meggitt (MGGT.L) 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. Chief executive Tony Wood said performance in the second-half of 2017 was better than the first half, and 2018 would deliver further improvements. "There were still challenges last year in our energy business ... but looking forwards, we're starting to see a better outlook," Wood told Reuters, describing prospects for the military business as "generally good".

  • Reuters - UK Focus3 months ago

    Shares in British engineer Meggitt slide as results disappoint

    Shares (Berlin: DI6.BE - news) in Meggitt (Other OTC: MEGGF - news) 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. Chief (Taiwan OTC: 3345.TWO - news) executive Tony Wood said performance in the second-half of 2017 was better than the first half, and 2018 would deliver further improvements. "There were still challenges last year in our energy business ... but looking forwards, we're starting to see a better outlook," Wood told Reuters, describing prospects for the military business as "generally good".

  • Reuters - UK Focus4 months ago

    Ultra Electronics sees "significant exposure" to U.S. defence spending

    British defence contractor Ultra Electronics, which has warned of lower defence orders in the country, said on Thursday it had significant exposure to a rising U.S. defence budget, and had seen growing demand for advanced technologies. Ultra Electronics (Frankfurt: 909716 - news) said it had begun the new year with an order cover on expected revenue of about 62 percent, higher than about 56 percent in 2017. "The board is confident that Ultra has sustainable operating trading momentum with a significant number of recent long-term contract wins," said Douglas Caster, Executive Chairman.

  • Reuters5 months ago

    Meggitt sees possible impairment after Dassault axes Falcon 5X jet

    Dassault Aviation said on Wednesday it was scrapping development of the Falcon 5X jet due to delays and technical problems with its French-supplied engines. It said it would launch a new model powered by a rival supplier Pratt & Whitney Canada, a subsidiary of U.S.-based United Technologies Corp. Aerospace and defence group Meggitt said Dassault Aviation would re-use most of the work done to date on the Falcon 5X business jet and that it intended to work with Meggitt on the successor programme.

  • Reuters - UK Focus5 months ago

    Meggitt sees possible impairment after Dassault axes Falcon 5X jet

    Dec (Shanghai: 600875.SS - news) 14 (Reuters) - Meggitt (Other OTC: MEGGF - news) said Dassault Aviation (LSE: 0IAX.L - news) 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. Dassault Aviation said on Wednesday it was scrapping development of the Falcon 5X jet due to delays and technical problems with its French-supplied engines. Aerospace and defence group Meggitt said Dassault Aviation would re-use most of the work done to date on the Falcon 5X business jet and that it intended to work with Meggitt on the successor programme.

  • Reuters6 months ago

    Meggitt eyes potential U.S. defence boost as CEO retires

    Young's five-year tenure has been marked by growth in Meggitt's civil aerospace business but with an accompanying drop at its military and energy operations, and the challenge now facing the supplier of high-performance sensing, monitoring, power and motion systems was highlighted by Tuesday's third-quarter results on Tuesday. Meggitt's chase for Trump's promised $700 billion (£534.6 billion) in defence spending will be led by aerospace specialist Tony Wood, who the company said would step up from chief operating officer to succeed Young from Jan. 1.

  • Reuters - UK Focus6 months ago

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

    Meggitt CEO Stephen Young will retire at the end of April, the company said on Tuesday, as the automotive and aircraft parts maker looks to U.S. defence spending plans to offset the impact of defence budget pressure in Britain. Young's five-year tenure has been marked by growth in Meggitt's civil aerospace business but with an accompanying drop at its military and energy operations, and the challenge now facing the the supplier of high-performance sensing, monitoring, power and motion systems was highlighted by Tuesday's third-quarter results on Tuesday.

  • Business Wire7 months ago

    Meggitt’s Breakthrough Long Range Wireless Technology Speeds up Aircraft Tyre Pressure Checks

    Meggitt PLC, a leading international aerospace and defence engineering group, is working with Textron Aviation to develop a long range wireless system that can check all the tyre pressures on a business aircraft in just a few seconds. Tyre pressure monitoring is an essential part of aircraft maintenance - it helps to prevent failure events caused by improper tyre inflation. Using a wireless system can help to extend tyre life, reduce human error and reduce weight which results in significant savings in maintenance costs and increased flight safety for aircraft operators.

  • Reuters - UK Focus10 months ago

    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 ...

  • Reuters - UK Focuslast year

    UK space firms may need EU units after Brexit - space chief in FT

    British companies may need to set up subsidiaries in continental Europe to take part in multibillion-euro space programmes funded by the European Union after Britain leaves the EU, the head of Europe's space agency told the Financial Times. "We have a tremendous problem with Brexit because it means that UK companies... are not eligible to have a contract directly," the newspaper quoted Jan Woerner as saying in an interview published on its website on Wednesday. The European Space Agency (ESA) is an intergovernmental organisation with 22 European member states, not an EU agency.

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