Our proven and sustainable business model, centred on manufacturing fresh prepared food, is underpinned by our customer centric approach and deep understanding of consumers’ needs, which drives long-term sustainable value for our shareholders.
1) STRENGTHENING OUR UK LEADERSHIP POSITION IN FPF TO DRIVE RETURNS
- Clear market leader with unrivalled scale
- Strategic customer partnerships with all leading UK grocery retailers
- Category leadership and breadth
- Deep market insight and strong innovation capabilities
- Superior performance through operational excellence
2) CAPITALISING ON SIGNIFICANT GROWTH POTENTIAL IN US AND CHINA
- Accelerating demand for FPF in the largest global food markets
- Enhancing platform for growth in US through targeted capacity investment
- Well-invested national footprint in China with headroom for growth
- Leverage Group expertise to drive growth and enhance competitive advantage
3) FOCUSING ON BUILDING A MORE SUSTAINABLE BUSINESS
- Trusted Partner ‘ESG’ strategy with three focus areas across our value chain
- Focused on responsible sourcing, sustainability and innovation, and engagement and wellbeing
- Clear commitments in place including reaching Net Zero emissions by 2040
4) STRONG FINANCIAL POSITION DRIVING LONG-TERM VALUE CREATION
- Meaningful progress on all key financial metrics
- Strong balance sheet and good cash generation provides flexibility to effectively deploy capital and deliver returns
- Well-placed to manage through industry-wide challenges