Meggitt revenue rise 9%Christian Fernsby ▼ | February 25, 2020
Meggitt saw revenue in 2019 rise 9% to £2.28bn from £2.08bn in 2018; on a like for like (LFL) basis, revenue grew 8%, which was ahead of the company's recently raised guidance.
Meggitt Underlying profit before tax was up 11%
Net debt at the end of 2019 had narrowed to £911.2mln from £1.07bn a year earlier.
The full year dividend has been nudged up to 17.5p from 16.65p. ■