Investment case

Our leadership in tackling water stress through Control Flow HL2024® together with our expertise in heat pump systems, allows us to offer clients proven technology solutions to help meet their goals.

Market opportunity (growth)

£6bn p.a.

Combined energy and water market opportunity.

  • Strong technology performance driving demand.
  • Growing international demand for our products.
  • Secured new market sectors in NHS & custodial services.
  • Increased demand from an expanding commercial sector.

Net zero opportunity (growth)

325,000 t/C02e

generated lifetime savings. 56% increase on FY23 activity. Equivalent to the annual carbon output of 145,000 UK homes.

We enable governments and businesses to meet their net zero targets

  • UK target to reduce emissions by 78% by 2035.
  • Netherlands to reduce emissions by 49% by 2030.
  • UK water utilities 30% consumption reduction target.

Strong opportunities pipeline

Expanding into new markets

  • Acquisition of Mathewson underfloor heating has created new sector opportunities for the Group.
  • Vriend provides a springboard for expansion into North-West Europe.
  • Expanding agritech market in India.
  • Entry into new markets already underway.

We are market leaders

In delivering net zero solutions

  • Recognised as a market leader and trusted advisor.
  • One of the largest installers of low-carbon heating systems in the UK.
  • Only flow control technology that meets highest performance standards for KIWA.

Strong Intellectual Property

Patented Technology

  • Patent registrations in 31 countries.
  • 5 new patent registrations.
  • Continued R&D investment.
  • Patented technologies in water and IT control systems.