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  "documentTitle": "Melrose | Investor Presentation Deck | 37 slides",
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  "authorName": "Melrose Industries PLC",
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  "presentationDate": "2022-03-01 00:00:00",
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  "notes": "The slide uses a three-column layout to represent chronological phases of operational improvement and financial performance.",
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      "text": "Excellent momentum towards margin target, well positioned to benefit from market recovery with continued strong future cash flows",
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      "text": "Strategic actions for each period including cost actions, quality fixes, and portfolio rationalisation.",
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      "text": "1. Annualised adjusted operating margin described in the glossary to the 2018 Preliminary Announcement. 2. 10% margin target on a partial market recovery and 12% margin target on a recovery to pre-COVID-19 revenue",
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      "text": "2018-2019: 9.6% to 10.6%; 2020-2021: 0.5% to 4.4%; Outlook: 12%",
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