Ian Pollard: Melrose #MRO Delighted With GKN

Melrose Industries MRO is delighted with its acquisition of GKN, and the significant potential for improvement identified when it made its offer.  Plans are now being implemented to realise the full potential of GKN’s world leading, but currently underdeveloped, businesses. The interim dividend for the six months to the 30th June is being raised by […]

Ian Pollard – GKN winning sales at expense of margins prior to takeover

Melrose Industries MRO & GKN. Melrose has published a trading update for GKN for the 13 weeks from 1st January to the 31st March and based on GKN’s own management accounts  produced prior to the takeover on the 19th April. GKN’s performance showed trends which were below market expectations. Melrose has made allowance for further […]

Ian Pollard – Will bullying Melrose #MRO shareholders win the day?

Melrose MRO Today the gloves are off as Melrose goes to war in its attempts to persuade GKN shareholders to abandon its company. If ever an example was needed as to how the City is no longer a place for gentlemen, Melrose provides it with a hectoring, bullying diatribe threatening GKN shareholders with the terrible […]

Ian Pollard – Clarkson Sees Recovery In Shipping

Clarkson plc CKN 2017 became the 15th consecutive year of dividend increases after a strong performance showed signs of recovery in shipping markets.Underlying profit before tax rose by 12% with a matching increase in the final dividend whilst earnings per share were up by 11%. Melrose Industries MRO has made an increased and final offer […]