{
  "docId": "019de515-bfac-773f-ac5d-057c300c2cdf",
  "docSlug": "eddfaac9e85db154bfd7929ec787a314",
  "documentTitle": "Melrose | Investor Presentation Deck | 111 slides",
  "authorId": "melrose",
  "authorName": "Melrose",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-05-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 95,
  "pageCount": 111,
  "prevPage": 94,
  "nextPage": 96,
  "slideType": "kpi_overview",
  "function": "frame_situation",
  "density": "overcrowded",
  "nDataPoints": 72,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de515-bfac-773f-ac5d-057c300c2cdf/95",
  "deckHref": "/decks/019de515-bfac-773f-ac5d-057c300c2cdf",
  "deckJsonHref": "/decks/019de515-bfac-773f-ac5d-057c300c2cdf.json",
  "deckAnchorHref": "/decks/019de515-bfac-773f-ac5d-057c300c2cdf#slide-95",
  "components": [
    {
      "bbox": {
        "h": 0.11,
        "w": 0.379,
        "x": 0.57,
        "y": 0.72
      },
      "kind": "list",
      "text": "1c change in USD equates to £17 million revenue and £3 million operating profit\n1c change in EUR equates to £7 million revenue and £1 million operating profit",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2125f782-e591-4146-9737-4fe27f16bb55",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.32,
        "w": 0.379,
        "x": 0.57,
        "y": 0.24
      },
      "kind": "list",
      "text": "Main currency pairs are EUR:USD and GBP:USD\nAdditionally SEK and NOK hedged vs USD¹\nPolicy to hedge our exposures to allow greater planning stability\nAssessed on a quarterly basis\nExposure is risk-assessed according to the level of certainty (3 categories with progressive likelihood)\nFX environment is favourable to current hedged rates",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d9150cec-ab31-4205-8275-7be68915acfe",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.036,
        "w": 0.486,
        "x": 0.092,
        "y": 0.92
      },
      "kind": "source-note",
      "text": "1. US dollars are being sold\n2. In calculating the effective rate the unhedged portion is assumed to have a spot rate of GBP:USD of 1.25 and EUR:USD of 1.09",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f10779e6-1ca5-4961-a441-a42d126cd250",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.319,
        "w": 0.504,
        "x": 0.044,
        "y": 0.198
      },
      "kind": "table",
      "text": "Transactional hedging position¹\nEUR:USD (figures are USD)\nExposure in $m, Hedged, Hedged rate, Unhedged, Effective rate²\n2023: 537, 94%, 1.16, 6%, 1.16\n2024: 501, 88%, 1.15, 12%, 1.15\n2025: 431, 76%, 1.19, 24%, 1.16\n2026: 303, 62%, 1.23, 38%, 1.18\n2027: 254, 53%, 1.15, 47%, 1.12\n2028: 194, 42%, 1.16, 58%, 1.12",
      "attrs": {},
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "14ee6d83-c89e-4ac1-b179-eb314d0945db",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.319,
        "w": 0.504,
        "x": 0.044,
        "y": 0.55
      },
      "kind": "table",
      "text": "GBP:USD (figures are USD)\nExposure in $m, Hedged, Hedged rate, Unhedged, Effective rate²\n2023: 236, 93%, 1.32, 7%, 1.31\n2024: 225, 87%, 1.35, 13%, 1.34\n2025: 233, 74%, 1.38, 26%, 1.35\n2026: 190, 63%, 1.38, 37%, 1.33\n2027: 172, 51%, 1.33, 49%, 1.29\n2028: 134, 49%, 1.26, 51%, 1.25",
      "attrs": {},
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2b9af921-8918-462e-9655-b24ffaef1bd8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.449,
        "x": 0.066,
        "y": 0.06
      },
      "kind": "title",
      "text": "Foreign exchange environment",
      "attrs": {},
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a6ba35f6-ea98-49a5-b12a-56a518575e61",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.379,
        "x": 0.57,
        "y": 0.685
      },
      "kind": "title",
      "text": "Translational FX",
      "attrs": {},
      "subkind": "subtitle",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "09d79c6c-125a-44f2-98c4-268ad4d72bc5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.379,
        "x": 0.57,
        "y": 0.205
      },
      "kind": "title",
      "text": "Transactional FX exposures and approach",
      "attrs": {},
      "subkind": "subtitle",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "124e6ab9-53c8-4047-b180-04112de2a8b4",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}