[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-190600-105":53,"doc-detail-190600-en":127},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":120,"head_meta":122,"extra_data":124,"updated_unix":126},105,"en","drivers-of-value-creation-return","Drivers of Value Creation - RETURN","","This document outlines key financial performance indicators and growth drivers for a company, likely within the consumer goods and nutrition sectors. It details target growth rates for Adjusted EPS, volume, and margins, alongside return metrics like ROACE and ROAE. Specific projections include a 10%+ Adjusted EPS growth, 3-5% volume growth, and 50 bps margin expansion. Financial targets also include ROACE of 12%+ and ROAE of 15%+. The document highlights specific growth initiatives for Taste & Nutrition (4-6% p.a.) and Consumer Foods (2-3% p.a.), with corresponding margin improvement targets. It also emphasizes cash conversion targets of over 80% and outperforming peers in Relative TSR. This information is crucial for investors and stakeholders to understand the company's strategic financial objectives and performance expectations.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":51,"@type":70,"position":76},"https://docshare.wps.com/template/general/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/drivers-of-value-creation-return/190600/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/drivers-of-value-creation-return/190600.png","ImageObject",442,249,{"name":88,"@type":89},"Ivy","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-04","2026-09-03",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",6,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"What are the key financial growth targets for the company?","Question",{"text":109,"@type":110},"The company targets at least 10% Adjusted EPS growth, 3-5% volume growth, and 50 basis points of margin expansion annually. Additionally, ROACE is targeted at 12%+ and ROAE at 15%+.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"What are the specific growth drivers for different business segments?",{"text":114,"@type":110},"The Taste & Nutrition segment is expected to grow at 4-6% per annum with a 40 bps margin improvement, while Consumer Foods is projected to grow at 2-3% per annum with a 20 bps margin improvement.",{"name":116,"@type":107,"acceptedAnswer":117},"What are the company's targets for cash conversion and shareholder returns?",{"text":118,"@type":110},"The company aims for a cash conversion rate exceeding 80% and aims to outperform its peers in Relative Total Shareholder Return (TSR).","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},190600,1788403662,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":50,"category_name":51,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":136,"language":137,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":138,"faqs":139,"seo_title":140,"seo_description":61,"update_tm":126,"read_time":141},549758252649,"https://ap-avatar.wpscdn.com/avatar/8000253669c5317157?_k=1778319167496531819","| Adjusted EPS growth | 10%+ | +8.4% | +9.8%\u003Cbr>constant currency |\n| --- | --- | --- | --- |\n| Volume growth | 3% to 5%** | +3.2% | ✓ |\n| Margin expansion | +50 bps*** | +70 bps | ✓ |\n\n| ROACE | 12%+ | 13.8% | ✓ |\n| --- | --- | --- | --- |\n| ROAE | 15%+ | 17.7% | ✓ |\n| CFROI | 12%+ | 11.5% | – |\n\n| Taste & Nutrition 4% to 6% p.a. Taste & Nutrition 40 bps p.a.\u003Cbr>Consumer Foods 2% to 3% p.a. Consumer Foods 20 bps p.a.\u003Cbr>Group 3% to 5% p.a. ** Group 30 bps p.a.\u003Cbr>** Assumes 2% above market growth |\n| --- |\n| Adjusted EPS Growth* 10%+ p.a. |\n\n| ROACE 12%+ | Cash Conversion > 80% |\n| --- | --- |\n| Relative TSR – Outperforming Peers |  |\n\n| Taste & Nutrition Taste & Nutrition 40 bps p.a.\u003Cbr>Consumer Foods Consumer Foods 20 bps p.a.\u003Cbr>Group Group 30 bps p.a.\u003Cbr>** Assumes 2% above market growth |\n| --- |\n| Adjusted EPS Growth* 10%+ p.a. |\n\n| ROACE 12%+ | Cash Conversion > 80% |\n| --- | --- |\n| Relative TSR – Outperforming Peers |  |","cbCaikt6Yd1qs6GW","https://ap.wps.com/l/cbCaikt6Yd1qs6GW","pdf",3869098,29,"English","# Drivers of Value Creation\n## RETURN","[{\"question\":\"What are the key financial growth targets for the company?\",\"answer\":\"The company targets at least 10% Adjusted EPS growth, 3-5% volume growth, and 50 basis points of margin expansion annually. Additionally, ROACE is targeted at 12%+ and ROAE at 15%+.\"},{\"question\":\"What are the specific growth drivers for different business segments?\",\"answer\":\"The Taste \\u0026 Nutrition segment is expected to grow at 4-6% per annum with a 40 bps margin improvement, while Consumer Foods is projected to grow at 2-3% per annum with a 20 bps margin improvement.\"},{\"question\":\"What are the company's targets for cash conversion and shareholder returns?\",\"answer\":\"The company aims for a cash conversion rate exceeding 80% and aims to outperform its peers in Relative Total Shareholder Return (TSR).\"}]","Drivers of Value Creation - RETURN | PDF",10]