Melrose Investor Conference Presentation Deck
Melrose key financial numbers: increasing momentum
Melrose
2. Increasing momentum: significant upside potential in the continuing businesses
Buy
Improve
Sell
I
■
Melrose margin target
Businesses sold in 2021 (average)³
Continuing businesses (average)
Continuing businesses
Average upside ¹
from H1
margins to
margin targets
c.5 ppts
Average sales
recovery to
2019 level
Significant upside potential in the continuing businesses
This keeps Melrose shareholders invested in high rates of return
1.
Represents H1 2021 operating margins versus announced target margins.
2. Represents uplift in profit required to reach target operating margins on 2019 sales
3.
Includes Nortek Control (contracts exchanged on 23 August 2021)
19%
Based on 2020
revenue
2
Resulting
average profit
potential
uplift²
c.2.5x
1 Continuing businesses (83%)
2 Businesses sold in 2021 (17%) ³
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