Capital Markets Day
Posted 15 June 2007
Invensys PLC
15 June 2007
15 June 2007
Capital Markets Day Presentations
Invensys plc is today hosting a Capital Markets Day in London at which
presentations will be made by Ulf Henriksson, Chief Executive, Steve Hare, CFO
and the Business Presidents of the Process Systems, Rail Group and Controls
business groups.
The presentations are available for download from the Group's website,
www.invensys.com and an audio recording of proceedings will be available on the
website later today.
The presentations focus upon strategy and the businesses and no new financial
data or trading update is being provided. In his presentation, Ulf Henriksson
will comment as follows on his view of the next stage for Invensys:
"Our priorities during the past three years have been about stabilising
performance and starting to build a foundation for growth. Our primary focus
has been upon the operational and cash performance of our businesses and
improving our capital structure and therefore reducing the limitations the old
structure placed upon our actions and value. The results we announced on 24 May
2007 demonstrated the progress that we have made and the Board believes that
there is more value to be created as we build upon this stronger growth
platform.
"This phase of our journey towards becoming a high-performing, sustainable and
cohesive business consists of four separate strategic initiatives:
? Increasing our investments in each of our businesses to deliver more
value-added innovative engineering solutions and services with the objective
of giving our customers greater efficiency and success;
? Leveraging our capabilities for greater value. Where natural and
appropriate, we will share technology and market capabilities across
businesses;
? Creating greater efficiency within our back office functions under
leadership and guidance from the corporate centre. Our first project is
within our finance function through co-sourcing with a third party provider;
and
? Improving our capital structure, with the objective of removing our
remaining limitations so that we can improve our ability to achieve our
growth potential."
Contact:
Invensys plc Steve Devany tel: +44 (0) 20 7821 3758
Kate Elliott tel: +44 (0) 20 7821 2121
Financial Dynamics Andrew Lorenz
Richard Mountain tel: +44 (0) 20 7269 7121
This information is provided by RNS
The company news service from the London Stock Exchange