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  "documentTitle": "Melrose | Investor Presentation Deck | 33 slides",
  "authorId": "melrose",
  "authorName": "GKN Aerospace",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-10-01 00:00:00",
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  "pageNumber": 29,
  "pageCount": 33,
  "prevPage": 28,
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  "notes": null,
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  "slideHref": "/slides/019de517-0072-77f5-ba6a-49ebd6727077/29",
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      "kind": "disclaimer",
      "text": "No change to profit or balance sheet guidance required due to conservative accounting policies\nThis unchanged guidance excludes any potentially positive impacts from the likely market consequences described above",
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      "text": "GKN has 4% share on PW1100G\nBased on RTX guidance potential cash cost to Melrose is c.£200 million, but it should not be assumed these are all programme costs\nGKN has conservative assumptions on GTF performance given its early stage of lifecycle and positive cash contribution never expected before 2027\nTherefore, no change needed to Melrose profit or balance sheet guidance",
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      "text": "MRO shop capacity and spare parts challenges\nLegacy engines fly longer with potentially additional 'life extending' shop visits\nIncrease demand for aftermarket services and parts on legacy engines\nIndustry-wide pricing increases likely for aftermarket given supply and demand issues",
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      "arcName": "Monroe's Motivated Sequence",
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      "beatName": "Need",
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      "evidence": "Slides 28-29 present the GTF situation overview and implications.",
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      "name": "Cost Of Inaction",
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