The Group’s strategy enables long-term, sustainable growth and creation of shareholder value in the context of a rapidly evolving automotive market.
The Group’s recently launched strategy focuses on five key strategic priorities that together ensure the Company continues to deliver long-term, sustainable growth. The strategy combines delivering ongoing organic growth in the context of a rapidly evolving market, both structurally and technologically, complemented by value enhancing acquisitions. The organic growth is delivered through continued product innovation and development, building the operational capability and capacity and providing additional routes to attractive geographic markets.
As the installed base of the Group’s products expands it also provides the opportunity to increase the proportion of the Group’s revenues from service and support.
The acquisitions strategy combines solid management and financial discipline and carefully selected acquisition criteria with the intention to accelerate other elements of the strategy. A further objective of the acquisitions strategy is to build a broader based business taking us into related strategic markets.
We accelerate our customers’ drive towards net zero emissions, improving
road safety and the automation of vehicle applications through leadership and innovation in engineering and technology.
Building a broader-based business to drive sustainable growth