Investor Presentaiton
GROUP OVERVIEW
Creating long-term shareholder value
Delivering ROIC > WACC¹ through the cycle
Target: Deliver Return on Invested Capital (ROIC) > 10%² by:
Building on the Group's long-term competitive advantages
Integrated portfolio with leading market positions
- Dual brand strategy
- Customer focus driving brand strength
Continued delivery of business transformation
- $2b in gross benefits by FY17, $1b debt reduction by FY153
Disciplined approach to capital and growth
Maintaining an optimal capital structure
Engaging our people
Driving workplace change and improved culture
1. Return on invested capital > Weighted average cost of capital (pre tax). References to Group and segment ROIC > WACC targets are through the cycle averages. 2. ROIC above 10% ensures Group objective 10
of delivering ROIC>WACC through the cycle. 3.Net debt including operating lease liabilities measured on a constant currency basisView entire presentation