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Why Invest

Wind Farm

01 Sustainable growth markets

Increasing electronic content and electrification of products and processes drives demand for electrical and electronic components. We prioritise four markets with structural, sustainable growth, namely renewable energy, transportation, medical, and industrial & connectivity.

Target markets:

Renewable energy, Transportation, Medical, and Industrial & Connectivity

Predicted medium term growth

7-12% p.a.

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02 Differentiated product offering

Customised electronic solutions based on commercially proven technologies, designed to meet customers’ unique requirements. We manufacture and supply the components throughout the life of the end system design.

Long lasting customer relationships and stable, repeat revenue

>85%

of Group revenue

Longest customer relationship

30+ years

Wind Turbines

03 Proven Strategy for growth

Grow well ahead of GDP through the economic cycle by focusing on target markets and an expanding product offering, bolstered by earnings enhancing acquisitions. Proven track record of delivering strategic and financial targets.

Organic revenue growth of

6% CAGR

FY2019-FY2024

Group revenue growth of

10% CAGR

FY2019-FY2024

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04 Strong financials

Sustainable, profitable growth and excellent cash generation. The strong balance sheet with a gearing in the range of 1.5x – 2.0x target allows ample headroom for further acquisitions.

Underlying operating profit growth of

13% CAGR

FY2019-FY2024

Operating cash flow conversion of

>100%

on average FY2015-FY2024

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05 Consistent shareholder return

Disciplined capital allocation with a track record of value enhancing acquisitions drive capital appreciation and progressive dividends.

Dividend growth of

6% CAGR

FY2014-FY2024

Total shareholder return of

403%

FY2014-FY2024