1

We operate in attractive markets

  • Serving construction RMI markets
    • Growing faster than GDP
    • Low cyclicality with sustainable growth
    • High margin
  • Defendable from new entrants
  • High brand loyalty
  • Opportunities for expansion into adjacent products/customers

2

We have an advantaged business model

  • Market-leading product development
  • High quality, agile, vertically integrated manufacturing
  • Flexible fulfilment model
  • Established and clear branding focused on quality, design and value
  • Underpinned by our “can-do” culture

3

We deliver compelling financial outcomes

  • We are committed to strong and sustained financial performance
  • 2024 Achievements:
    • Revenue growth: 16.0%
    • Adjusted Operating Margin: 12.0%
    • Covenant Net Debt leverage 1.6x
    • Dividend payout 40%
  • Serving construction RMI markets
    • Growing faster than GDP
    • Low cyclicality with sustainable growth
    • High margin
  • Defendable from new entrants
  • High brand loyalty
  • Opportunities for expansion into adjacent products/customers
  • Market-leading product development
  • High quality, agile, vertically integrated manufacturing
  • Flexible fulfilment model
  • Established and clear branding focused on quality, design and value
  • Underpinned by our “can-do” culture
  • We are committed to strong and sustained financial performance
  • 2024 Achievements:
    • Revenue growth: 16.0%
    • Adjusted Operating Margin: 12.0%
    • Covenant Net Debt leverage 1.6x
    • Dividend payout 40%