Our business model
We work with our customers to understand their technological challenges, then design, manufacture and sell innovative products and processes to solve them.
Our business model helps us focus our resources and make the most of our strengths to deliver value for all our stakeholders.
Customer relationships
We're able to invest in long-term relationships with our customers. This helps us to understand their needs and design solutions to solve their challenges.
Our customers
- £114m spent on developing new products and improving our existing products.
- 57 locations worldwide providing local customer support and technical expertise.
People
Our team of more than 5,200 talented people around the world are committed to delivering our purpose and strategy.
Our suppliers
- £20m committed to global capital expenditure projects.
- More than 600 global suppliers for direct goods and services to UK manufacturing operations.
Supplier relationships
Our global and local suppliers provide us with the high-quality components and materials we need, as well as supporting our infrastructure and operations.
Our communities
- Ongoing education outreach programme reached around 12,500 students.
- £0.3m in charitable donations during the year.
Research & development
Our strong IP portfolio and significant commitment to R&D expenditure help set us apart from competitors and deliver long-term value.
Our people
- £327m in salaries, bonuses, social security and pensions contributions.
- Continued developing functional competency frameworks to support talent reviews and succession planning.
Financial resources
We've funded our growth and infrastructure by reinvesting our profits. We also have a strong cash position, helping us to fund future development and deliver our strategy.
Our planet
- 7% reduction in Scope 1 and 2 emissions versus FY2025.
- Self-generated 8.5% of our global electricity consumption through renewable sources.
Our shareholders
- Total dividends of £59.7m for the year (FY2025: £56.9m), excluding special dividend of 70.0p per share.
- Continued evolving our investor relations engagement, including introducing in-person results presentations in London.
Figures as at date of 2026 Annual Report.