Invensys emerging markets update

At the Nomura’s Rail Infrastructure Seminar later today, James Drummond, CEO of Invensys Rail, will comment upon the progress that is being made in building relationships within the global rail industry which will enhance the division’s reach particularly into the faster growing regions of the world.

Invensys Rail is exploring several opportunities to partner with other rail infrastructure providers, including rolling stock manufacturers, to enable the division to address a broader range of the opportunities that exist particularly in emerging markets.  Such partnerships would draw upon the technical and delivery strengths of Invensys Rail’s signalling and train control offerings to enable our partners to offer a comprehensive solution to their customers.

James Drummond, CEO of Invensys Rail, commented:

“Emerging economies are strategically important markets for us as we continue to implement our strategy of diversifying our revenue base and reducing our dependency upon our core markets. Many countries are investing heavily in their railway infrastructure, both mainline and mass transit, and these represent significant growth opportunities.  We anticipate that these partnerships will help us to address new opportunities and grow our share of the global market.”

Ulf Henriksson, CEO of Invensys plc, said:

“For Invensys as a whole, emerging markets are a significant driver for growth and we are determined to capture an increasing share of the expenditure on not only rail infrastructure but also in the power and oil and gas sectors within Invensys Operations Management.  For example, we have had considerable success during the past two years in China's rapidly expanding nuclear power generation market and we expect this success to continue as we are currently in negotiations to supply such solutions to four additional greenfield nuclear power stations.”