Margin Expansion & Improved ROCESustained margin expansion and a higher recurring ROCE indicate the business is extracting more profit per unit of capital. That supports durable cash generation and reinvestment capacity, improving long-term return on invested capital and competitive positioning across capital-intensive gas operations.
Consistent Operating Cash FlowStable multi-year operating cash flow near $6.1–6.3B underpins the firm's ability to fund capex, maintain service contracts, and pursue strategic projects without overreliance on external financing, supporting resilience through industry cycles and enabling planned growth investments.
Large, Strategic Investment BacklogA €4.6B backlog plus targeted investments (semiconductor plant, ELYgator project) signal secured future revenue and deeper exposure to high-growth segments like electronics and energy transition, strengthening long-term market share and positioning in structurally growing end markets.