Melrose Investor Presentation Deck
(N)
GKN AEROSPACE
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Key messages
OEM-level capability
RRSPs portfolio with all
major engine OEMs
Proprietary GKN
breakthrough technologies
Exclusive supplier of military engines to Swedish government for over 90 years
Integrated design understanding across full engine system
Portfolio entering 'sweet spot' of highly profitable aftermarket phase
GKN designed parts typically last full life of engine resulting in exceptional margins
> Decades of predictable cash flow with total forecast inflow of £20 billion ¹
Additive fabrication entering serial production with potential to displace large
forging and casting over time
Only global player currently involved in both next-generation engine programmes
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Ahead of schedule to deliver 28% margin in 2025 and >30% beyond
1. Forecast (undiscounted) pre-tax future cash flow from 19 RRSP engines contracts (based on OEM projections) and using a foreign exchange rate of USD:GBP of 1.25:1View entire presentation