Delivering our strategy
Our purpose is to accelerate our customers’ drive towards net zero emissions, improving road safety and the automation of vehicle applications. This is underpinned by our six strategic objectives, which are detailed below.
Our strategic objectives
Product and innovation
Market-led new product development with a focus on research and innovation.
Capability and capacity
Building a platform for long-term sustainable growth.
Acquisitive growth
Clear and defined acquisition criteria of value-enhancing companies that facilitate the Group’s strategic priorities.
Service and support
Transition towards a greater proportion of software as a source of higher margins and recurring revenues to meet the market’s needs as requirements become more complex.
International footprint
Increase the Group’s international footprint in customer-led locations to increase customer intimacy, customer support and market intelligence.
Diversification
Diversification into new adjacent markets utilising the Group’s core technology and capability.