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Evening Standard

Business

Holly Williams

Melrose shrugs off tariff uncertainty amid boost from defence demand

Melrose GKN Aerospace Melrose Industries

GKN Aerospace owner Melrose Industries has swung to a first half profit thanks to a boost from rising demand in the defence and airlines sector. - (PA Archive)

GKN Aerospace owner Melrose Industries has swung to a first half profit thanks to a boost from rising demand in the defence and airlines sector.

The group shrugged off disruption sparked by US President Donald Trump’s trade war to post pre-tax profits of £379 million for the six months to June 30, against losses of £105 million a year ago.

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