Clean Break: the company completely halting Russian engagements or exiting Russia

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Parker Meggitt is a British international company specialising in components and sub-systems for the aerospace, defence and selected energy markets. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index until it was acquired by Parker Hannifin in September 2022.

Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal
Glob.Revenue, mln.USD
1826

British aircraft parts maker Meggitt Plc flagged a possible "material" write down on a Russian aircraft program in the next 12 months amid the war in Ukraine, after posting a lower annual profit hit by supply disruptions.

The Company Statement
March 06, 2022

Ceased all imports and exports.

March 03, 2022UK's Meggitt flags possible write down from Russian aircraft program
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