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Meggitt PLC MEGGF

Rating as of

Morningstar’s Analysis

Valuation
Currency in USD
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1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

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Company Profile

Business Description

Meggitt designs and manufactures high performance components and sub-systems for the aerospace, defense, and energy markets. Key products include aircraft wheels and brakes, fire and safety systems, sensors, fuel systems, and polymer seals. Of the EUR 2.3 billion group revenue reported in 2019, 54% is derived from civil aerospace markets, 36% from defense, and 10% from energy markets. The company commands a leading share within many of its product categories and enjoys a high level of sole-source positions on long-term civil and military programs. Activities are evenly split between production of original equipment and aftermarket services.

Contact
Atlantic House, Aviation Park West, Bournemouth International Airport
Christchurch, Dorset, BH23 6EW, United Kingdom
T +44 1202597597
Sector Industrials
Industry Aerospace & Defense
Most Recent Earnings
Fiscal Year End Dec 31, 2020
Stock Type
Employees 12,599