Our growth strategy

Doncasters’ growth strategy is focused on delivering sustainable, profitable growth by leveraging our visible, long-term revenue and margin drivers, disciplined operational excellence, building strategic customer partnerships and targeted investment across our Aerospace and Industrial Gas Turbine (IGT) end markets.

Execute and profitably deliver on existing order book

A core pillar of our strategy is the disciplined execution of our existing order book, supported by long-term agreements (LTAs) across our blue-chip customer base. These agreements provide multi-year visibility into volumes, revenues and market share, enabling improved operational planning, working capital management, and capital allocation. As OEMs increase production rates across major aerospace engine and industrial gas turbine platforms, we are focused on maintaining high standards of quality, responsiveness, and on-time delivery to reinforce customer confidence and support contract renewals and expansions.

Drive margin expansion through operational excellence and disciplined pricing

We are pursuing greater margins and aiming to enhance the long-term profitability of our business through the operating leverage impact of volume growth, value-based pricing, operational excellence, and margin-accretive strategic customer partnerships.

Expand and invest in capacity to meet growing customer demand

As customer demand across Aerospace and IGT continues to rise, we are strategically expanding production capacity through targeted investments in new equipment, production lines, and increased automation. A portion of these investments are supported by strategic customer partnerships that include direct OEM co-investment, reducing risk while securing long-term volume commitments.

Grow strategic customer partnerships

We have developed a differentiated strategic partnership model with key customers in the Aerospace and IGT end markets. These partnerships support capacity expansion through direct capital investment by the customer to increase the capacity at our manufacturing facilities. The structure of these strategic customer partnerships demonstrates the long-term commitment our customers are making to us and supports the capital investment necessary to increase our capacity.

Cutting-edge development and expanding aftermarket exposure

We are focused on increasing participation on existing platforms and capturing share on next-generation aerospace, defense, space, and industrial gas turbine programs as they emerge. Our advanced manufacturing capability to produce precision castings provides a competitive advantage in winning these new platform opportunities with early-stage engineering collaboration, rapid prototyping, and accelerated industrialisation capabilities enabling us to support customers through development and into full-rate production.

Complement organic growth with disciplined M&A

In addition to organic growth initiatives, Doncasters evaluates selective acquisitions that accelerate strategy execution, strengthen core capabilities, expand vertical integration, or provide access to adjacent high-growth segments such as next-generation space and defense applications. Potential transactions are assessed against clear strategic and financial criteria to ensure alignment with long-term growth objectives and preservation of financial flexibility.

 

A capital-efficient, resilient growth model

We believe our key growth value drivers will combine to support strong cash generation to allow for continued investment into our business both in respect of continued organic expansion and inorganic opportunities. The greater level of cash generation will allow for flexibility with regards to further investment in capacity and capabilities thereby creating the flywheel effect of continued growth, margin expansion, cash generation, and ultimately value creation over the short, medium and long term.

 

Together with long-term customer agreements, disciplined execution, and targeted investment, this strategy positions Doncasters to deliver sustainable growth, expanding margins, and long-term value creation.