Melrose Industries PLC Investor Day Transcript
Good afternoon, everyone. My name is Simon Peckham. I'm the Chief Executive of Melrose. My job here is to do a short introduction to our Investor Day on Powder Met and on GKN Automotive. I very much hope that the next 2 hours will be informative and helpful for everyone, and we look forward to going through this process with you. The first person speaking will be Peter Oberparleiter. There will be a break. And then he'll be followed by Liam Butterworth. And finally, Geoff Martin will draw together the themes and do a conclusion and then we'll have a Q&A session.
Since 2003, Melrose has a strong track record of buy, improve, sell. Today is only really about the improve part of what we do in connection with two of our larger businesses that we obviously acquired with GKN. We're going to report to you on progress on those businesses and show you what can be achieved -- what has been achieved in our ownership in what has been some quite interesting times.
There will be no new trading information today. We've very
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