Melrose Industries PLC announced sales guidance for the year of 2020. For the year, sales in Aerospace for the Period reduced by approximately 18% and are not expected to recover in the second half of the year. Overall it is anticipated that sales for the year are likely to reduce by approximately 25% to 30% year-on-year and for the business to broadly breakeven. This will significantly improve this business's performance in 2021 without relying on sales growth from the level anticipated this year. Nortek Air Management is performing well, and as a result, sales in the Period were only down 7%. The exciting StatePoint technology, aimed at improving the energy and water usage in data centres around the world, is gaining significant traction, with forecast sales this year of over $100 million.