Melrose Mergers and Acquisitions Presentation Deck
Key messages
Intention to demerge Automotive
and Powder Metallurgy:
Melrose
2022 interim results:
Establishing two independent UK quoted PLCs, an Automotive Group¹
('DemergerCo') and Melrose with Aerospace, to give each their best positioning to
deliver superior returns to shareholders, including from transformative acquisitions
Melrose is trading in line with expectations for the full year. First half results are at
the higher end of expectations, helping to de-risk the second half performance
required to achieve full year expectations
Justin Dowley, Chairman of Melrose Industries PLC, today said:
"Since acquiring GKN in 2018 we have reinvigorated each business to achieve their potential. The proposed Demerger now
gives each an exciting opportunity to individually grow shareholder value through organic growth and acquisition in both
platforms. Meanwhile, we remain on track to meet our full year 2022 expectations with full inflation recovery and providing
good momentum for the intended Demerger in the new year."
Buy
Improve 1. Comprises the Automotive, Powder Metallurgy and Hydrogen group of businesses
Sell
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