2015: The year in review
Nigel Stein, Chief Executive | 5 May 2016
Results for the year ended 31 December 2015
Sales
Management
PBT
Earnings per
share
Dividend
per share
£7,689m
£603m
27.8p
8.7p
3%
+£2m
(4)%
4%
GKN AEROSPACE
GKN DRIVELINE
GKN POWDER
METALLURGY
GKN LAND SYSTEMS
TRANSITION PERIOD
EXCELLENT GROWTH
STRONGER MARGIN
TOUGH MARKETS
GKN AGM, 5 MAY 2016
1
GKN headlines from 2015
Trading
Profit
£291m
GKN Aerospace acquired Fokker Technologies
£290m
GKN Driveline sales growth ahead of the market
£109m
GKN Powder Metallurgy margin progressed
£24m
GKN Land Systems tackling tough markets
Continued to make strategic progress
GKN AGM, 5 MAY 2016
2
GKN headlines from 2015
Trading
Profit
+£14m
GKN Aerospace acquired Fokker Technologies
+£10m
GKN Driveline sales growth ahead of the market
+£8m
GKN Powder Metallurgy margin progressed
-£20m
GKN Land Systems tackling tough markets
Continued to make strategic progress
GKN AGM, 5 MAY 2016
3
Highlight : Fokker strengthens GKN Aerospace
Increases scale of
division by c20%
Brings new
technologies
Integration well
underway
Enhances GKN market
leadership
Expands footprint
− Savings on track
Adds content on key
platforms
Combination is well
received by customers
GKN AGM, 5 MAY 2016
4
Highlight : Fokker strengthens GKN Aerospace
Increases scale of
division by c20%
Brings new
technologies
Integration well
underway
Enhances GKN market
leadership
Expands footprint
− Savings on track
Adds content on key
platforms
Combination is well
received by customers
GKN AGM, 5 MAY 2016
5
GKN Aerospace – Major tier one supplier
Aerostructures
Development of
additive manufacturing
– 3D metal printing
Global number two
Engine structures
Independent global
number two
GKN is
industrialising
lip skin
technology
Electrical systems
New business for GKN
Global number three –
Opportunity to integrate
structures and electrical
GKN AGM, 5 MAY 2016
Electrical
wiring in
China adds
to GKN’s
capability
and global
footprint
6
GKN Driveline – Innovating as our industry evolves
Driveshafts
The advanced VL3 CVJ is
winning new business
and is a PACE Award
winner
Market leader
Maintaining technical
leadership
Winning key business
All Wheel Drive
Driveline for
the FIAT 500X
is designed
and built by
GKN
Leading position
Moving from components
to designing full systems
and software
eDrive
Global eAxle
leadership
Developing eDrive
footprint
GKN AGM, 5 MAY 2016
Volvo
XC90 with
GKN
eAxle
7
GKN Powder Metallurgy and GKN Land Systems
GKN POWDER
METALLURGY
Parts
Design for PM
Forged PM bevel gears
Powder
Technically enhanced
powders
New technologies
GKN LAND
SYSTEMS
Additive Manufacturing
Hydrogen storage
Increasing efficiency
Positioning for the future
GKN AGM, 5 MAY 2016
8
Good strategic progress
Market leadership
Leverage global footprint
Technology driving margin
Operational excellence
Sustain above market growth
GKN AGM, 5 MAY 2016
9
First quarter 2016 market update
“Our overall performance in the first quarter was in
line with our expectations.
“With end markets delivering as forecast and
customers continuing to award us good levels of
new and repeat business, we expect to grow in
2016 and beyond, helped by the contribution from
Fokker, whose performance and integration is on
track.”
GKN AGM, 5 MAY 2016
10
GKN: Engineering that moves the world
GKN is an even better business now than it was a year ago
GKN AGM, 5 MAY 2016
11