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Our strategy

         
Our strategic direction remains clear: Balancing short term actions with longer term value creation objectives

We revised our strategy three years ago after engaging with our shareholders to determine their concerns, expectations and priorities A further revision was undertaken in 2020. We reflected on a number of key questions:

What is the full potential of each business in the portfolio today in the context of the constraints of their existing markets?

 

Are there opportunities within each of our chosen business segments to further expand the Group?

 

What else would we need to deliver on our growth for value ambitions?

 

OUR AMBITION IS BOLD

To sustainably double the intrinsic value of our business every four years, enabled by the managing for value operating model.

 

OUR VISION

We create enduring economic and social value for our stakeholders by building businesses that serve industrial customers

 

OUR STRATEGY

Seeks to create value by balancing our long term growth ambitions while focusing on achieving acceptable returns for our shareholders in the medium term. This will continue to be underpinned by our sustainable development framework. In order to adapt to this new operating context and achieve our ambition, the Group will drive the strategy by addressing three critical levers in the short to medium term: