Melrose Shares Recover, Aerospace Pressure Continues
Melrose Industries closed Friday up 1.7% at £4.67, but remains down 32% from its February peak. The FTSE 100 ended the day nearly flat and posted a weekly loss. Melrose shares recovered from a midweek dip, ending the week off 0.7%. The company reaffirmed its 2026 outlook after reporting 11% first-quarter revenue growth.