Melrose Results Presentation Deck slide image

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 31
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