Our investment case supports and sustains our market leadership and delivers cash generative and consistent growth to our shareholders.
There are four elements to our investment case; each element is a strength in itself but, together, they combine to set us apart from our competitors, giving us a solid platform from which to innovate and grow.
Market leader in Apparel and Footwear thread
We are increasing share in the A&F market through our deep customer insight, commitment to acting responsibly and providing a range of value enhancing products and services such as digital platforms, cross-selling and consultancy.
Leading player in the Performance Materials market
We have the opportunity to grow in a fragmented, high growth Performance Materials market. This will be achieved through opportunities for geographic expansion, product innovation and bolt on acquisitions.
Delivering self-help initiatives
We are led by an experienced management team and supported by a highly engaged workforce that are delivering a range of self-help initiatives (eg productivity, procurement and SD&A savings) to support margins.
Track record of delivering free cash flow
We have a defendable business with high returns on capital and a track record of delivering good levels of free cash. This allows us to invest in organic growth, manage pension liabilities, fund bolt on acquisitions and pay dividends.