Melrose Results Presentation Deck
Introduction
■
■
■
■
A very encouraging set of results - recovery is happening across the Group
Demerger is on track and the split is well positioned and financed
Dowlais¹ is set up to produce good returns for shareholders in these results we are focusing on Melrose
Melrose has an exceptional Aerospace business
Engine RRSPs² are a huge "hidden" upside
Performance in 2023 and beyond, significantly better than expectations
This is one of the best businesses we have owned
Melrose
Melrose's focus for the next 12 months is completing the restructuring programmes and demonstrating the quality
of the Aerospace business
Justin Dowley, Chairman of Melrose Industries PLC, today said:
"We are delighted with these results, and everything is on track for the demerger. We consider a restructured
Aerospace business to be one of the best businesses Melrose has ever owned. We are confident that a combination of
restructured and refocused high class Engines and Structures businesses, and overall aerospace market recovery,
positions these businesses for a significantly better than expected performance in 2023 and beyond."
Buy
Improve
Sell
1.
2.
№
Comprises the Automotive, Powder Metallurgy and Hydrogen businesses
Risk and Revenue Sharing Partnerships
5View entire presentation