Shares in aerospace equipment and engine maker Melrose (MRO) dropped 14% after the firm’s FY26 outlook undershot forecasts. The fall wiped out the stock’s previous gain of 9% year-to-date in one blow. Share price: 546p (-14.7%) PE: 22.5x Market cap: £7bn Yield: 1.1% Below forecasts The FTSE 100 company posted in-line FY25 results, with revenue … Continue reading Melrose falls on disappointing guidance