WE ARE THE MARKET LEADER IN DESIGN-LED, SUSTAINABLE BATHROOM AND KITCHEN PRODUCTS
We have a compelling investment case:
A portfolio of well-established, design-led brands with strong positions across multiple product categories in Europe and South Africa. Our brands operate close to their markets, combining specialist expertise with the benefits of Group scale, delivering high-quality products, strong customer relationships and consistent performance.
Benefits of scale differentiate in fragmented market
- Balance sheet strength
- Investment in NPD
- Cross-selling
- Supply chain
- Technology
- Talent
A diversified and capital-light model, focused on mid-premium segments and predominantly repair, maintenance and improvement (RMI) markets. This provides resilience through economic cycles, supported by strong cash generation, disciplined cost management and a decentralised structure that enables agility and local decision-making.
A consistent track record of delivering growth through a blend of organic initiatives and targeted acquisitions. We have successfully integrated and developed complementary businesses, whilst actively reshaping the portfolio to focus on higher-growth, higher-return categories aligned with long-term market trends.
Significant opportunity to accelerate organic
and portfolio development growth and quality of earnings.
LARGE AND FRAGMENTED MARKET
We continue to operate in large and fragmented markets that provide opportunities for growing our market share and further consolidation through portfolio development.
We have carefully positioned the Group to be diversified across regions, categories and channels and orientated towards the more resilient mid-premium segment to manage our exposure to economic headwinds.
GROWTH IN SUSTAINABLE PRODUCTS MARKETS
We are well positioned in emerging and high-growth markets such as sustainable products.
We are developing a framework to classify our products as sustainable, based on both environmental and social criteria, and working with our brands to understand what proportion of our revenue comes from products classed as sustainable and the implications on future revenue growth.
OPPORTUNITIES TO DRIVE EFFICIENCY AND SHARE GAINS
Whilst we are performing well today, there are opportunities to modernise our operations and take advantage of our Group scale to drive efficiency and customer service.
We are already taking action in each of these areas to evolve and accelerate the growth of our Group.