INVESTOR PRESENTATION
31 JANUARY 2025
A HIGH PERFORMING BUSINESS IN GROWING
MARKETS
Our aim is for heroes to survive and thrive . . .
WHO WE ARE
WHAT WE DO
. . . no matter the mission
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A best-in-class product portfolio...
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. . . underpinned by strong recurring revenue streams
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Leading commercial and international opportunity …
. . . with considerable opportunity for margin growth
5 through site rationalisation and Continuous Improvement
A focused NATO defence and first responder business . . .
. . . with a broad customer base
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Growing US and NATO demand for military helmets and respirators . . .
US Other NATO
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. . . non-NATO addressable markets also growing
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Law enforcement markets growing 3-4% compound . . .
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. . . with significant further growth in RoW
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Strategy to deliver over medium and long term . . .
- SAFER, HAPPIER, MORE CAPABLE PEOPLE
- GENERATE CASH
- WEALTH THROUGH PRODUCTIVITY
- GROWTH
LEVERAGE
INNOVATION TO
DRIVE LONG
TERM GROWTH
IMPROVE
MARGINS &
CREATE CAPACITY
TO INVEST IN
GROWTH
ORGANICALLY GROW
THE CORE AND SCALE
UP EMERGING
OPPORTUNITIES
. . . Continuous Improvement now a key limb
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STRENGTHEN THROUGH CONTINUOUS IMPROVEMENT