News

Our Strengthen System has delivered a strong, more reliable business, underpinned by continuous improvement and driving our market-leading customer delivery times.  

We’re also announcing some important contract wins today, including our first Five-Eyes MITR multi-year contract with the Canadian Armed Forces along with the $14m award for the DoW’s latest filter contract.

Jos Sclater, Chief Executive Officer, commented:
“We delivered a strong first half performance, with revenue, profit and margin all up significantly, reflecting the long-term demand opportunity in our markets and the progress we have made in strengthening our operational execution.

Since we launched our STAR strategy three years ago, we have focused on building a stronger, more reliable business underpinned by a culture of continuous improvement. Our Strengthen System is improving execution, creating capacity, and generating cash and we are advancing with confidence from stabilisation to growth. 

Against a rapidly changing geopolitical backdrop, demand across our installed base is increasing and our markets continue to grow. We have strong brands and sales channels, long term growth visibility and an exciting development pipeline to support expansion internationally and into adjacent markets. We are increasingly confident in sustaining and continuing to deliver growth ahead of our core markets. We look forward to setting out new mid term targets at the end of the financial year to underpin our next stage of growth.”

To view the half year results documents, visit the Results, Reports and Presentations section of our website.