Our strategy is built on three clear priorities, Transform, Grow and Optimise, designed to drive near-term performance and position us for long-term growth.
Transform: Build a customer- and performance-focused culture that puts customer needs and financial performance at the centre of everything we do. We have already made strong progress and are working hard to embed and advance the changes made.
Grow: Generate profitable revenue growth by refocusing the organisation on nearer-term, higher-value opportunities. We will focus 70% of our resources on delivering financial performance over the next 2 years, 20% on opportunities between 2–5 years, and 10% on longer term projects beyond five years.
Optimise: Prioritise relentless efficiency and cost discipline. Victrex has invested significantly in capability and capacity over the past decade, and it is time to generate stronger returns from that investment and drive a material improvement in return on capital.
