
Reduce risk

1Strengthen capital structure
Optimal capital structure supported by sustainable earnings
- Deleverage
- Reduce currency risk
- Create capacity for growth
- Improve cash generation

2Simplification
Reduce risk and improve returns through a more sustainable portfolio that satisfies customer needs and leverages market opportunities, whilst avoiding unnecessary complexity
- Rationalise portfolio — businesses, products, operations
- Reduce operational complexity and related risks
- Reduce reliance on commodity-dependent economies

Grow profits

3Optimisation
Refine product and service offerings with a competitive cost structure and enable operational efficiencies
- Process innovation
- Review product offering and terms
- Improve operational efficiencies
- Drive sustainability

4Growth and innovation
Expand into new markets to diversify earnings and improve profitability
- Geographical diversification
- Exploit niche market segments
- Product/service offering innovation