Strategic Initiatives

Sales growth

Penetrate underserved markets and geographies with focused commercial activities.

Innovation

Accelerate new product development and launches with increased rigour in processes and lean development philosophies. Concentrate our resources on the most promising and profitable areas.

Service growth

Continue to leverage our growing installed base in aftermarket parts and services as well as Integrated Asset Management solutions.

Manufacturing excellence

Consolidate operations and develop efficient, effective world-class manufacturing facilities.

Supplier of choice

Be the supplier of choice for our customers, sustaining our revenue streams.

Employer of choice

Be the employer of choice, attracting, developing and retaining our talented employees.

Cost management

Continued cost management, reflecting current market conditions and development of the global supply chain.

Global business systems

Develop and roll out our global business systems to enable more efficient operations.

Balance sheet strength

Build on our track record of strong cash generation to bolster our balance sheet and ensure we have sufficient resources for investment in our businesses and in acquisitions.

Protect the environment

Improve our environmental performance to secure our continued sustainability. Develop and promote products that benefit the environment.

Acquisitions

Growth to expand into adjacent markets, new geographies, new platforms and segments, new offerings and technologies.