By Anthony O. Goriainoff Melrose Industries said that it was performing ahead of expectations, and raised its aerospace guidance for the year as the margin.
Corrections & Amplifications This headline was corrected at 0837GMT to reflect Melrose Industries Revenue Growth of 18% in 4-Mos Period, not 3-Mos Period.
By Anthony O. Goriainoff Melrose Industries said that although it sees a hit to cash of around 200 million pounds ($250.2 million) stemming from the Pratt.
By Anthony O. Goriainoff Melrose Industries expects a potential cash hit of around 200 million pounds ($250.2 million) stemming from the Pratt & Whitney.