Balance Sheet Strength And Margin ResilienceStrong cash generation and robust gross margins, together with a pro‑forma net debt to EBITDA near management targets, provide financial flexibility for further value‑accretive deals.
Order Intake And Controls RecoveryControls division shows clear improvement with positive order momentum and stronger order intake, supporting revenue growth and margin recovery prospects.
Strategic Acquisition ImpactAcquisition of Trival increases Defence and Security exposure while adding a historically high‑margin, mid‑teens growth business that supports potential earnings per share upside.