{
  "docId": "019de516-ca69-71dd-9fe0-a78b3b767061",
  "docSlug": "d7f88d50a15cbae1d2e14151615a74d8",
  "documentTitle": "Melrose | Results Presentation Deck | 29 slides",
  "authorId": "melrose",
  "authorName": "Melrose Industries PLC",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-09-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 25,
  "pageCount": 29,
  "prevPage": 24,
  "nextPage": 26,
  "slideType": "key_messages",
  "function": "propose_solution",
  "density": "dense",
  "nDataPoints": 3,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019de516-ca69-71dd-9fe0-a78b3b767061/25",
  "deckHref": "/decks/019de516-ca69-71dd-9fe0-a78b3b767061",
  "deckJsonHref": "/decks/019de516-ca69-71dd-9fe0-a78b3b767061.json",
  "deckAnchorHref": "/decks/019de516-ca69-71dd-9fe0-a78b3b767061#slide-25",
  "components": [
    {
      "bbox": {
        "h": 0.13,
        "w": 0.86,
        "x": 0.038,
        "y": 0.37
      },
      "kind": "list",
      "text": "Huge Engines aftermarket\nRRSP work largely done on engine build, but with entitlement to lifetime share of aftermarket profits\n£20 billion of lifetime net cash inflow (£5.5 billion NPV2) coming increasingly from Engines aftermarket",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "172b4a58-5493-4162-8e08-ad986144f6ed",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.86,
        "x": 0.038,
        "y": 0.66
      },
      "kind": "list",
      "text": "Regular share buybacks\nShareholders to enjoy decades of harvesting cash flows from Engines aftermarket\nMelrose to commence early its share buyback programme at the start of October 2023",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2279f9db-b282-437d-974b-76705e7492f9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.09,
        "w": 0.86,
        "x": 0.038,
        "y": 0.25
      },
      "kind": "list",
      "text": "Strong market growth\nRapid aerospace market recovery, followed by long-term structural growth\nTechnology embedded on the world's most successful, highest volume platforms¹",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "47c4c0df-43d7-4929-903c-aa2ca03fca68",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.13,
        "w": 0.86,
        "x": 0.038,
        "y": 0.52
      },
      "kind": "list",
      "text": "Multiple profit growth\nProfit on track to more than double in 2023; and then expected to expand significantly again to reach 2025 targets\nIncreasingly higher profit drop through from strong Engines aftermarket growth",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a67c9dbb-d5da-47d1-8bb4-1b191f14a85b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.75,
        "x": 0.14,
        "y": 0.91
      },
      "kind": "source-note",
      "text": "1. All of the world's high-volume platforms based on Airbus and Boeing narrowbody/widebody fleets, plus F-35 and major rotorcraft\n2. Using a foreign exchange rate of USD:GBP of 1.25:1 and calculated using a discount rate of 7.5% which is between a debt related discount rate and a GKN Aerospace pre-tax weighted average cost of capital",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d84bfb96-3df2-40bd-921a-cad62b627011",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "List presentation",
      "slug": "list-presentation",
      "agent": null,
      "layer": "slide",
      "matchId": "13075bc5-7ac3-4dd4-aebd-a9eeb015e093",
      "evidence": "The slide contains a list/bullet component with several items.",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 26,
      "from": 25,
      "beatId": "aa4f7c67-2bf6-4cb7-af26-5e0b27a00a6e",
      "arcName": "The Sparkline",
      "arcSlug": "sparkline",
      "beatName": "Action",
      "beatSlug": "aida-action",
      "evidence": "The document concludes with a call to action, emphasizing a compelling equity case",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}