Meggitt Interim Report

Click here to view our Meggitt Interim Report.

Last week, the FTSE-100 engineering company Meggitt (LON:MGGT) released its interim results. The results demonstrate the resilience of its well-diversified revenue streams, with the company’s newer forays into the energy market proving to be increasingly lucrative. Nevertheless, the US DoD is still Meggitt’s largest client (providing around 27% of revenues) and the outcome of the upcoming US election will be a key consideration in deciding whether to sell or hold the stock over the next 6 months.

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