Melrose Results Presentation Deck slide image

Melrose Results Presentation Deck

Ahead of expectations Melrose 1. 2021 results: showing significantly better cash generation and lower net debt¹ than expected Buy Improve Sell EPS¹ 4.1p Net debt¹ £950m Leverage¹ 1.3x Net debt¹ reduced from £2,847 million to £950 million in the year and leverage¹ reduced from 4.1x to 1.3x, transforming the Balance Sheet The Group's adjusted¹ operating profit, at constant currency, has tripled in the year on modest sales growth of 2%, demonstrating the substantial benefit of restructuring actions increasingly coming through EPS¹ in the year of 4.1p, equivalent to 4.4p if calculated using the number of shares in issue at 31 December 2021 1. Described in the glossary to the Preliminary Announcement and considered by the Board to be a key measure of performance 8
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