MGGT.L - Meggitt PLC

[rishig]

Meggitt PLC is down 20% today and at 4 year low. For those of you who follow the TDG, this may be interesting, since it could be an acquisition target.

 

Here are some facts:

- Supplier of critical parts & equipment to civil and military aero & energy markets.

- Revenue breakdown: 48% civil aero, 34% military aero, 11% energy, 7% other

- 75% - 90% aero is sole source.

- £2.85B market cap

- 2014 net profit: £260M

 

I have yet to look at it in-depth, just getting the thread started.