| GBP millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 47.3 | 40.9 | 31.8 | 7.9 | 19.3 | — | — | |
| Depreciation & amortization | 31.5 | 34.8 | 43.6 | 47.0 | 44.7 | 40.9 | −8.5% | |
| Stock-based compensation | 7.7 | 3.7 | 6.0 | 7.0 | 6.9 | — | — | |
| Change in working capital | (12.3) | (24.6) | (12.3) | (11.2) | 11.3 | (10.8) | −195.6% | |
| Operating cash flow | 67.5 | 34.3 | 50.4 | 29.8 | 67.2 | 90.5 | +34.7% | |
| Capital expenditure | (28.7) | (42.1) | (35.2) | (24.7) | (18.6) | (18.1) | +2.7% | |
| Acquisitions | (6.4) | (15.5) | (1.8) | (2.9) | 0.7 | — | — | |
| Investing cash flow | (46.7) | (67.2) | (30.9) | (19.3) | (13.8) | — | — | |
| Dividends paid | (19.5) | (20.9) | (21.0) | (21.0) | (21.1) | (21.7) | −2.8% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | |
| Debt issued / repaid | 7.3 | 54.8 | 4.0 | 31.9 | (5.4) | — | — | |
| Financing cash flow | (14.2) | 21.9 | (18.2) | (2.8) | (46.6) | — | — | |
| Free cash flow | 38.8 | (7.8) | 15.2 | 5.1 | 48.6 | 78.0 | +60.5% | |
| Net change in cash | 4.7 | (7.2) | (2.5) | 6.2 | 5.5 | — | — |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
