Melrose Results Presentation Deck
Powder Metallurgy: overview
Melrose
£m
Revenue
EBITDA²
EBITDA2 margin %
Operating profit
Operating margin %
2
3
Buy
Improve
Sell
Revenue by segment³
Adjusted ¹
results
H1 2021
535
92
17.2%
60
11.2%
1 OneSinter (69%)
2 Non-performing (10%)
3 Powder (19%)
4 Additive (2%)
Non-performing segment has reduced
from 16% to 10% of the business
Adjusted¹
results
FY 2020
905
110
12.2%
39
4.3%
3
2
■
■
Growing faster than the market due to share gains, annualised sales up
25% (2x H1 2021 versus FY 2020 at constant currency)
Excellent margin progress from 4.3% to 11.2%
Improvement actions benefitting results and expected to be substantially
complete by the end of the year
Revenue by destination
1
1 North America (42%)
2 Europe (37%)
3 Asia (19%)
4 ROW (2%)
#1 global leader - well spread
geographically
1.
Described in the glossary to the 2021 Interim Financial Statements, released on 2 September 2021
2.
Including depreciation and amortisation from equity accounted investments
3. Excluding non-performing plant sold in the Period
Revenue by market type³
2
1 Automotive
components (33%)
2 Transmission (25%)
3 Engine (23%)
4 Industrial (19%)
Good exposure to recovering automotive
sector, increasingly powertrain agnostic,
and general industrial market
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