Melrose Investor Presentation Deck slide image

Melrose Investor Presentation Deck

←N> GKN AEROSPACE Event overview Context Melrose evolved into a focused aerospace business post-demerger in April Aerospace Capital Markets Event outlined compelling organic equity case in May Started journey to aerospace re-rating based on sector and trajectory Interim results in September exceeded H1 expectations, raised 2023 full year guidance and initiated share buyback early Engines operating margin now expected to be 24% in 2023, ahead of plan New target of >30% operating margin post 2025 Event objectives To showcase in more detail the full quality of the Engines business by: Bringing the breadth and depth of capability to life in person - Introducing you to our world class leadership team Highlighting our design and manufacturing skills on the shopfloor Demonstrating our balanced portfolio of business models To give confidence on our trajectory and ability to meet stated targets 3
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