{ "docId": "019de514-1832-7347-bfad-8dc8b5137056", "docSlug": "8de0db08c464e5bf95151bf147be33f7", "documentTitle": "Melrose | Mergers and Acquisitions Presentation Deck | 46 slides", "authorId": "melrose", "authorName": "Melrose Industries PLC", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investment_bank", "sourceTypeLabel": "Investment bank", "presentationDate": "2022-09-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 23, "pageCount": 46, "prevPage": 22, "nextPage": 24, "slideType": "kpi_overview", "function": "summarize", "density": "overcrowded", "nDataPoints": 24, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de514-1832-7347-bfad-8dc8b5137056/23", "deckHref": "/decks/019de514-1832-7347-bfad-8dc8b5137056", "deckJsonHref": "/decks/019de514-1832-7347-bfad-8dc8b5137056.json", "deckAnchorHref": "/decks/019de514-1832-7347-bfad-8dc8b5137056#slide-23", "components": [ { "bbox": { "h": 0.04, "w": 0.75, "x": 0.18, "y": 0.53 }, "kind": "list", "text": "Revenue up 11% as civil market recovers; encouraging momentum with Q1 up 6% and Q2 up 17%\nAdjusted operating profit up 65% and margins increased by 150bps to 4.9%", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "0de76bd8-b85d-47d6-8d33-ec55d3cb111a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.79, "x": 0.18, "y": 0.63 }, "kind": "list", "text": "Revenue boosted by pricing and material surcharges; volumes down 3% due to continued supply chain issues for OEMs\nMargins down 230bps due to volume and timing of inflation recovery within 2022; progress expected in H2", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b6ad12f3-05fa-421e-8e30-0021abbcaf70", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.79, "x": 0.18, "y": 0.73 }, "kind": "list", "text": "Revenue boosted by pricing and material pass through; volumes down 9% due to supply chain constraints and exiting low margin business\nMargins down 150bps due to lower volumes; successfully offset inflation fully year to date", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d434e65d-fc3b-4d84-a16a-86ff2227cf21", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.75, "x": 0.146, "y": 0.83 }, "kind": "paragraph", "text": "Positive momentum from H2 2021 with active management of inflation impacts and supply chain issues; on track for full year", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2a289dbd-2994-4703-8d60-8066898615d2", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.016, "w": 0.75, "x": 0.07, "y": 0.47 }, "kind": "paragraph", "text": "H1 results reflect positive Aerospace momentum, a challenging automotive market and underlying business improvement", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5c003173-5d09-4c70-9926-f4c445a6a61a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.016, "w": 0.12, "x": 0.05, "y": 0.14 }, "kind": "paragraph", "text": "Adjusted¹ results", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5e858be7-5a4c-46da-81e9-1765a70c29ea", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.57, "x": 0.142, "y": 0.93 }, "kind": "source-note", "text": "1. Described in the glossary to the 2022 Interim Financial Statements and considered by the Board to be a key measure of performance\n2. Other Industrial comprises GKN Hydrogen (investment phase)", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2575f6ed-3a93-40bd-9384-9e29c774e65a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.26, "w": 0.65, "x": 0.048, "y": 0.18 }, "kind": "table", "text": "Continuing operations £m H1 2022 Revenue H1 2022 Operating profit/(loss) H1 2022 Operating margin H1 2021 Revenue H1 2021 Operating profit/(loss) H1 2021 Operating margin Aerospace 1,366 67 4.9% 1,219 41 3.4% Automotive 1,997 78 3.9% 1,965 121 6.2% Powder Metallurgy 515 54 10.5% 535 64 12.0% Other Industrial2 - (6) - (4) - Central - (22) - (26) - Total 3,878 171 4.4% 3,719 196 5.3%", "attrs": null, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "dbd8ca26-2a8e-4d63-8d88-d53d74dfee24", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.64, "x": 0.029, "y": 0.06 }, "kind": "title", "text": "Business update: H1 2022 versus H1 2021", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b2aff830-68a9-482c-9d85-86c6196d5061", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "Table data", "slug": "table-data", "agent": null, "layer": "slide", "matchId": "d90a6c3e-c739-400c-8914-d5ce0aa25891", "evidence": "table/data: Continuing operations £m H1 2022 Revenue H1 2022 Operating profit/(loss) H1 2022 Operating margin H1 2021 Revenue H1 2021 Operating profit/(loss) H1 2021 Operating margin", "confidence": 0.9 } ], "frameworks": [], "arcBeats": [ { "to": 25, "from": 17, "beatId": "a51814c1-f5bf-4d8f-9acb-bb497f576153", "arcName": "The Sequoia Pitch", "arcSlug": "sequoia-pitch", "beatName": "Business Model", "beatSlug": "sequoia-pitch-business-model", "evidence": "The document presents the business model and highlights of the two groups", "position": 3, "confidence": 0.8, "parentBeatName": "Evidence", "parentBeatSlug": "evidence" } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }