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Evening Standard
Evening Standard
Business
Simon English

YOU WONT BELIEVE: Melrose ups profit guidance under new boss despite boeing problems - You Need To See This

Melrose Industries, the former conglomerate turned aerospace specialist, saw profit more than double thanks to a rebound in the aviation sector and raised profit forecasts for next year even higher.

Now under the leadership of Peter Dilnot – his first day as CEO was yesterday – Melrose reported year profits of £420 million, up from £186 million.

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