Melrose Results Presentation Deck
Significant upside potential being multiple times today's level
Melrose
7. GKN positioned for significant upside: the full potential on a recovery is multiple times today's level
Buy
Improve
Sell
As an illustration:
Continuing businesses
Average upside¹
from current
margins to
margin targets
c.6ppts
Assuming an
average sales
recovery to
2019 level
c.20%
Average uplift²
potential if full
market recovery
c.3x
At pre-COVID-19 sales levels, significant margin growth remains in the GKN businesses, with potential to further triple
current profit levels
1.
Represents 2021 adjusted operating margins versus announced target margins
2. Represents mathematical uplift in adjusted operating profit if target margins are achieved and pre-COVID-19 sales return
14View entire presentation