{
  "docId": "019de50f-992b-7390-8951-e8b829d64767",
  "docSlug": "1947dab2c355ccb498cdf2e1e5d9c3ae",
  "documentTitle": "Melrose | Results Presentation Deck | 33 slides",
  "authorId": "melrose",
  "authorName": "Melrose Industries PLC",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2020-03-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 4,
  "pageCount": 33,
  "prevPage": 3,
  "nextPage": 5,
  "slideType": "executive_summary",
  "function": "summarize",
  "density": "overcrowded",
  "nDataPoints": 16,
  "notes": "Includes footnotes explaining adjustments and accounting periods.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de50f-992b-7390-8951-e8b829d64767/4",
  "deckHref": "/decks/019de50f-992b-7390-8951-e8b829d64767",
  "deckJsonHref": "/decks/019de50f-992b-7390-8951-e8b829d64767.json",
  "deckAnchorHref": "/decks/019de50f-992b-7390-8951-e8b829d64767#slide-4",
  "components": [
    {
      "bbox": {
        "h": 0.05,
        "w": 0.86,
        "x": 0.07,
        "y": 0.568
      },
      "kind": "list",
      "text": "Net trade working capital in the Group was reduced by £95 million (5%) in the year, with adjusted profit conversion to cash of 104%.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5097bf05-d736-4436-b5aa-fdd79021d40d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.86,
        "x": 0.07,
        "y": 0.457
      },
      "kind": "list",
      "text": "Adjusted diluted earnings per share were 14.3 pence, up 13% on last year and adjusted free cash flow was £591 million, up 72%",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5dfdbd31-ac0a-4f5e-94e7-793950d1bc89",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.86,
        "x": 0.07,
        "y": 0.657
      },
      "kind": "list",
      "text": "Loss-making contracts have been improved materially with the losses from 2018 reducing by 11% in 2019.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "79469b1d-ef95-48dc-8be5-751cabbd20cb",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.86,
        "x": 0.07,
        "y": 0.746
      },
      "kind": "list",
      "text": "The GKN UK defined benefit pension schemes are significantly better funded, aided by over £240 million of cash contributions.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7d659b65-0bd8-4839-b0cf-3d895563a1cd",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.86,
        "x": 0.07,
        "y": 0.524
      },
      "kind": "list",
      "text": "Group net debt and leverage have both been improved and were reduced to £3.28 billion and 2.25x respectively",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9149e540-dced-44d2-9e6b-b9701959d00c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.86,
        "x": 0.07,
        "y": 0.413
      },
      "kind": "list",
      "text": "The results for 2019 were comfortably ahead of the Board’s expectations for both profit and cash generation",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ff8e9c43-c0a0-48dd-b5c0-62026a9af643",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.78,
        "x": 0.15,
        "y": 0.888
      },
      "kind": "source-note",
      "text": "Footnotes 1-5 detailing accounting adjustments and definitions.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a8c479bb-1874-42d6-9581-d8a036f4eca7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.26,
        "w": 0.86,
        "x": 0.07,
        "y": 0.163
      },
      "kind": "table",
      "text": "Continuing operations Revenue, Operating profit, Profit before tax, Diluted EPS for 2019/2018 Adjusted and Statutory",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5a4e3508-5ae2-4ed5-8f25-80a1db643e5e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.17,
        "x": 0.03,
        "y": 0.04
      },
      "kind": "title",
      "text": "Highlights",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "adf544c9-4aa3-4661-b199-073cf2bb6087",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Executive summary",
      "slug": "executive-summary",
      "agent": null,
      "layer": "slide",
      "matchId": "e66b5365-a4a2-4b36-89e3-dd2a6016bfd4",
      "evidence": "executive_summary type and components list/bullet, table/data",
      "confidence": 0.9
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 5,
      "from": 3,
      "beatId": "c2a9f7f6-5c29-4757-8657-2c31ffbd3628",
      "arcName": "Monroe's Motivated Sequence",
      "arcSlug": "monroes-sequence",
      "beatName": "Attention",
      "beatSlug": "monroes-sequence-attention",
      "evidence": "The document starts with highlights and key takeaways",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": "Hook",
      "parentBeatSlug": "hook"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}