Melrose Results Presentation Deck slide image

Melrose Results Presentation Deck

Aerospace results: overview Melrose £m Revenue EBITDA EBITDA margin % Operating profit Operating margin % 3 2 Buy Improve. 1. Sell 2. Adjusted ¹ results 2022 1 2,957 330 11.2% 186 6.3% Revenue by business Growth vs 2021 1 Civil (37%) 2 Engines (34%) 3 Defence (29%) 11% Balanced portfolio, well positioned for narrow body recovery and business jet growth 19% 1.1ppts 51% 1.9ppts 8 · I Sales up 11% versus 2021 and civil market recovery gaining momentum Strong H2 performance leading to 51% increase in 2022 adjusted¹ operating profit Continued excellent progress and performance in world-class Engines business, including RRSP growth Civil structures ramping up well to meet higher OEM build rates; Defence structures demand positive with further operational improvement to come All required major restructuring projects to reach 14% + operating margin target are well underway, substantially complete by end of 2023 Revenue by customer 1 3 2 1 Airbus 2 Pratt & Whitney 3 Lockheed Martin 4 Boeing 5 GE 6 Sikorsky 7 Rolls-Royce 8 Other Broad and diverse global OEM customer base 3 Described in the glossary to the Preliminary Announcement and considered by the Board to be a key measure of performance According to manufacturing country of origin 2 4 Revenue by region² 1 1 Europe (exc UK) (44%) 2 North America (33%) 3 UK (19%) 4 Asia (4%) Providing vital technology to an enviable portfolio of global customers 21
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