Rolls-royce Holdings Plc · LSE:RR.
Rolls-royce — Shareholder Meeting (May 2022)
14 slides from Rolls-royce's shareholder meeting presentation, May 12, 2022
Slide 1: Annual General Meeting
Annual General Meeting 12 May 2022
Slide 2: Anita Frew, Chair of the Board
Anita Frew AGM 2022 Chair of the Board © Rolls-Royce
Slide 3: Warren East, Chief Executive
Warren East AGM 2022 © Rolls-Royce Chief Executive
Slide 4: Improved financial performance
Improved financial performance Financial Delivering on our commitments Our financial performance was severely impacted by the COVID-19 pandemic summary Investing for growth and sustainable value Operating profit £bn 1 0 2021 £414m • Improved financial performance driven by cost reduction and market
Slide 5: Civil Aerospace
Civil Aerospace £4,536m Underlying revenue © Dassault £(172)m FY 2021 highlights Underlying operating loss • Improved operational gearing with restructured cost base • Significant value in installed base of around 5,700 large and 9,700 regional and business £(1,670)m aviation engines Trading cash fl
Slide 6: Defence
Defence £3,368m Underlying revenue £457m FY 2021 highlights Underlying operating profit • Awarded the B-52 engine replacement contract in the US, securing new work for the coming decades £377m • In a competitive process for the Future Long-Range Assault Aircraft (FLRAA) programme Trading cash flow •
Slide 7: Power Systems
Power Systems £2,749m Underlying revenue £242m FY 2021 highlights Underlying operating profit • 2021 represented the best order book in Power Systems’ history, with a record order intake in the 4th quarter £219m • Significant awards include power solution for a hyperscale data centre customer and a
Slide 8: New Markets: Rolls-Royce Electrical
New Markets: Rolls-Royce Electrical New Markets reporting segment established for • Double world record success of the ‘Spirit of Innovation’ demonstrates pace of electrical technology acceleration and exciting applications for the Advanced Air Mobility Markets Rolls-Royce SMR and Rolls-Royce Electr
Slide 9: New Markets: Rolls-Royce SMR
New Markets: Rolls-Royce SMR New Markets reporting segment established for • Rolls-Royce SMR secured £490m of funding in 2021 Rolls-Royce SMR and • UK Government grant and third party equity investment helping to support SMR design Rolls-Royce Electrical through multi-year UK Generic Design Assessme
Slide 10: Pathway to investment grade profile
Pathway to investment Rebuilding the grade profile balance sheet Reduce uncertainty Improve financials Clear pathway to Improve improving our Reduced Improve Deliver Improve business uncertainty operational Strong ESG credit profile on our of EFH and financial leverage profile scorecard commitments
Slide 11: Civil Aerospace value drivers and outlook
Value Medium-term drivers financial Maximise outcomes Civil Aerospace Service Leading products in value drivers growing markets Receipts Revenue Low double digit and outlook % CAGR Service Cost Embedded value in a Reduction Site visit to Civil growing installed base Aerospace on 13 May 2022 Operatin
Slide 12: 2022 outlook and guidance
2022 outlook Well positioned for the anticipated growth and guidance in our end markets Revenue growth low-to-mid single digit percentage Operating profit margin broadly unchanged year on year Generate modestly positive free cash flow Investing in the future • Long-term revenue growth expectations d
Slide 13: A better balanced and more sustainable business
Summary Improved financial Investing to performance Delivering drive growth driven by cost on our and deliver reduction and commitments sustainable value market growth A better balanced and more sustainable business AGM 2022 © Rolls-Royce
Slide 14: Mark Gregory, General Counsel
Mark Gregory AGM 2022 © Rolls-Royce General Counsel
Rolls-Royce Holdings — Shareholder Meeting (May 2022) on 6ix