The crystallisation of the employee plan highlights the value created through the GKN acquisition, benefiting from the strong performance from the restructuring programme and current positive trends in the aerospace sector. The impact of the scheme on Edison Group’s forecasts will be limited, having already assumed the full value the scheme would accrue. There are no changes to Edison’s valuation of 654p per share as set out in their previous note.
3 June 2024
Melrose Industries PLC Industries #sustainability #growth #investment
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