Capital Allocation

SGH's Capital Allocation Framework guides disciplined capital decisions, ensuring investment is directed toward the highest risk-adjusted returns across our existing businesses and selective new opportunities. We maintain a strong focus on free cash flow generation and its reinvestment to drive sustainable growth and support long-term TSR outperformance.

We assess opportunities against clear company and situational criteria. We prioritise sectors supported by long-term demand drivers and focus on Australia, where we can leverage adjacency growth and operational capability. We seek privileged asset bases that underpin leading market positions and competitive advantage, with sufficient scale and growth potential. We also look for situations where a value disconnect exists, where performance can be improved through the SGH Way, and where there is a clear and actionable pathway to achieve the desired position over time.