Five reasons to invest

WHY INVEST?

We're committed to delivering a digitally enabled, innovative and customer-focused business which is well positioned to grow ahead of the market and generate sustainable cash returns on invested capital.

How, exactly? By focusing relentlessly on these five thing underpinned by our 2030 ESG action plan which is helping to build a more resilient, agile and future-ready RS.

2 x

Target revenue growth vs market

01.

Well positioned for growth markets

Global leader in a large, industrial maintenance, repair and operations (MRO) market, growing at GDP+ through-cycle.

Our marketplace

27 %

Group revenue from service solutions

60 %

of revenue through digital channels

02.

Differentiated proposition driving market share gains

Digitally enabled, high-service distributor of a broad range of technical product and service solutions for industrial customers that demand low volumes of critical products across many categories.

Business model

Mid-teen

Operating profit margin target

03.

Investing to improve efficiency and operating leverage

Creating, utilising and optimising more efficient and flexible physical, digital and process infrastructure.

Our strategy

1x - 2x

Net debt to adj. EBITDA target

04.

Disciplined acquisitions to accelerate growth

Rigorous investment discipline and clear capital allocation framework driving accelerated value creation.

20 %

return on capital employed target

> 80 %

adjusted operating cash flow conversion target

05.

Significant value creation opportunity for all stakeholders

Generating value through driving strong operational and financial performance and investing in growth opportunities that deliver sustainable cash returns on invested capital.

Key performance indicators