Interim report 2002
   
 

Our strategy is to focus on niche applications which have a direct impact on process performance for end-user customers

 
  Focus on...
   
  Rapid payback
 
 
Rapid payback   For a relatively small capital investment, our products can result in rapid and substantial savings. Customer-specific solutions reduce costs through improving product quality and performance, increasing productivity and reducing downtime and wastage.


  Process-critical technology
 
 
Rapid payback   Our process-critical equipment has a significant impact on the efficiency and quality of our customers’ development, manufacturing and quality assurance processes.

  Barriers to entry
 
 
Barriers to entry   All of our businesses are strong players in niche markets where there are significant barriers to entry. Solutions are tailored to individual customer requirements and much of our technology is protected by patents.

  Diverse markets
 
 
Process critical technology   Our broad range of markets and multinational customers gives us wide geographical and industry coverage. With no sector accounting for more than 15% of sales, serving different markets limits the impact of difficult trading conditions in any one sector.

  Continuous innovation
 
 
Continuous innovation   We have consistently invested around 6% of sales each year in the development of new products and applications to ensure our businesses maintain their leading positions.
 

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