Melrose Investor Day Presentation Deck slide image

Melrose Investor Day Presentation Deck

Melrose Buy Improve Sell On track to meet communicated profitability targets Operating profit margin (%) 7.3% 2.2% 1 2018 2020 Full-year revenue run-rate £4.9 bn £3.8 bn 1. 2. Assumes 30% drop-through margin Full Potential impact refers to net savings 6.5% 2 H2 2020 £4.5 bn ~2.5- 3.0% Further "Full Potential"1 ~1.0 - 1.5% Volume uplift to hit 10% ROS² See details on next page >10% 3 Partial market recovery ■ ■ 2 Full Potential already delivering 2020 H2 operating profit margin approaching 2018 levels at lower sales (-9%) ■ Successfully navigated COVID-19 Maintained positive return on sales for 2020 Utilised flexible adjustments to headcount and plant closures to match OEM production demand 3 On track to grow margin to 10% Further Full Potential value identified to take operating profit margin over 10% with only partial market recovery (sales below 2018 levels) ■ Clear path to double digit margins 55
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