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CFOCaldera Group · YOUR PLAY

They’ve squeezed prices as far as customers will tolerate — the next margin win has to come from the cost base

This isn’t a growth conversation. The CFO is looking for cost avoidance — not revenue acceleration. Frame everything around protecting the margin they’ve already rebuilt.

STRATEGIC FRAME · MERIDIAN AEROSPACE

Meridian isn’t a turnaround story anymore — it’s a cash machine looking for places to spend

Operating profit tripled in two years. £2.1bn in free cash flow. They’ve fixed the engine — now they need to decide where to point it.

16.7%

Operating margin

+340bps

£2.1bn

Free cash flow

+£800m