Melrose Posts 1.1% Rise In 2012 Pretax Profit, Lifts Dividend

Melrose Industries PLC MLSPF reported a 1.1% gain in its 2012 pretax profit and lifted its dividend. Melrose's revenue for year rose to 1.55 billion pounds, from GBP1.08 billion in 2011. Its adjusted profit before tax increased to GBP214.3 million from GBP154.7 million, while diluted EPS fell to 4.3 pence from 12.9 pence. Melrose lifted its final dividend by 4% to 5.0 pence per share, from 4.8 pence per share.