Growth OpportunitiesThe group is well placed to exploit growth opportunities across several markets and benefit from the synergistic integration of the different businesses.
Market MomentumMomentum in the naval sector remains firm and is expected to continue in coming years, while demand across vertical markets remains supportive.
Operational RecoveryOperational recovery and lower leverage represent strong catalysts for a sustained rerating, with margin recovery and cruise visibility offering an attractive risk/reward profile.