Melrose Results Presentation Deck
Restructuring in GKN is well advanced
Melrose
6. Automotive and Powder Metallurgy nearing completion, all significant Aerospace projects now
underway
Buy
Improve
Sell
Automotive & Powder Metallurgy
(required restructuring actions
nearing completion)
1.
2021 margin more
than doubled
During 2022 full
benefits of required
restructuring
materialise
Aerospace
(2021 margin improvement
on flat¹ sales)
0.5%
Based on existing businesses at 31 December 2021
FY 2020
+4ppts 4.4%
Sales
Operating margin
All major Aerospace restructuring projects underway
FY2021
Group
(profits tripled on 2% sales
growth, supply constrained)
FY 2020
Sales
Operating profit
During 2022, the full run rate benefits from the required restructuring projects in Automotive and Powder Metallurgy will
materialise giving the opportunity to realise this shareholder value
FY 2021
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