|


change

|  CONTACT US

Text goes here
Our strategy.

Investors

Our strategy

1

Improve portfolio quality

Objective: Our aim is to create a high-quality portfolio focused on differentiated processes, complex customer applications and attractive end markets where we can add the most value and optimise our returns. Our improved portfolio is structured around two leading, technology-focused divisions: Specialist Technologies and Precision Heat Treatment. For a temporary period we are also reporting a small Non-core division as we progress with the Group’s Optimise programme

2

Maintain an efficient operating model

Objective: Maintain a low-cost corporate centre and ensure that our support functions are appropriately sized to provide the necessary capability at the lowest reasonable cost.

1

High performance culture

Objective: We aim to have a winning team of highly capable and engaged people, all working towards the same clear strategic goals and collaborating effectively across divisions.

2

Enhance service quality

Objective: We are a service business, and are focused on delivering the highest levels of customer service, including quality, cost, and turnaround times.

3

Agile cost base

Objective: Preserve and enhance the flexibility of our cost base, to ensure we are able to respond to changes in market conditions.

4

Transition to a sustainable future

Objective: Continue to reduce our energy consumption and thereby reduce our costs, improve our customer offering, and reduce our impact on the planet.

1

Target high-growth, high-margin areas

Objective: Focus our sales efforts and disciplined investments on structural growth end markets (eg. Aerospace, Medical), advanced processes (including Specialist Technologies), and emerging market geographies, improving our mix.

2

Accelerate via sustainability

Objective: Drive growth and accelerate outsourcing through our ability to process parts with significantly lower carbon emissions than in-house treatment.

3

Add aligned M&A

Objective: Boost growth through disciplined M&A, aligned to our target high-growth, high-margin areas and with compelling financial returns.