one organisation goal market update wednesday 16 march 2005 investor perceptions research what you told us 2 starting to pay more attention api a potential turnaround story execution is key clarify branding strategy uncertainty in the sector tell way it today s objectives 1 how we are executing our progress on implementation 3 industry issues generics 12 5 pricing reduction speculated pbs margin creating low cost distribution working capital improvements 30m over years reducing trade debtor risk aspire program inventory tail national approach replenishment integration process savings buying synergies 4 acting decisively under performing businesses manufacturing kingsgrove close april operating loss be no than 3m property sale will cover closure costs other actively investigating options strong management team deliver new senior executive appointments stephen roche strategic development supply chain role international hire responsive and nimble conditions guidance line with recent consensus forecasts headline revenue growth