- Broad, complementary product range
- Unique, trusted and respected heritage brands
- High production barriers to entry supported by secure long-term mineral and land reserves
- Well-invested, efficient and profitable asset base
- Strong customer relationships
Investment Case
Guided by our purpose to keep Britain building, we aim to create sustainable shareholder value and deliver value for all or our stakeholders. Our investment case is formed across 5 key areas:
Priorities for capital
1) Strategic organic capital investment to deliver attractive returns
2) Progressive ordinary dividend with the pay-out ratio increasing to 55% of earnings from 2021 onwards
3) Bolt-ons as suitable opportunities arise in adjacent or complementary markets
4) Supplementary shareholder returns as appropriate
