Growth And Earnings PotentialEnergy & Industrial and VARs have driven growth, with Aerospace and Automotive stable, and Electronics ahead year to date, indicating potential for earnings improvement.
ValuationThe stock is trading at an 8% discount to UK Chemicals peers, which is less than the long-term average discount, suggesting a supportive valuation.
Volume GuidanceManagement upgrades FY25F volume guidance to high single-digit growth due to strong volume performance in the first half of the year.