GKN Aerospace owner Melrose forecast 2025 revenue below most analysts' expectations, sending its shares sharply lower on ...
The owner of GKN Aerospace, Melrose, has outlined plans to generate £5bn in revenue by 2029 as part of its growth ambitions.
The automotive engineering specialist reported its adjusted revenue dropped by 6.4 per cent at constant currency rates to £4.9billion last year.
GKN is a British engineering company specialising in manufacture and service of systems and components with aerospace and automotive applications. In 2017, GKN generated GBP 9.7 billion in revenue.
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