ICI » Topics » 2006 key performance indicators

This excerpt taken from the ICI 6-K filed Mar 21, 2007.

2006 key performance indicators

Title   Description   Performance to date    







Sales Growth   Average sales (revenue) growth at, or better than, the growth in real GDP over the four-year period 2004 to 2007   Average sales growth over plan period to the end of 2006 is 6%, above the estimated rate of growth in real GDP of 3.8%*  







Group trading margin expansion   Increase by an average of 0.5% per annum from 2003 to 2007   Increased by on average 0.5% over last three years  







Improved return on capital employed   Increase by an average of 1% per annum, to around 14% in 2007   Increased by on average 1.8% over the last three years  







Cash flow   Generate positive cash flow before acquisitions and divestments on a sustainable basis from 2005 onwards   Positive cash flows every year since 2004  







*Source: Oxford Economics December 2006.

There were several major strategic moves made during the year that will have a significant impact on ICI going forward. In September 2006, ICI completed the sale of Uniqema, its oleochemicals and derivatives business, to Croda International Plc for £410m. In November, ICI announced the proposed sale of Quest to Givaudan SA for £1.2bn.

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