| GBP millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 61.5 | 154.2 | 138.3 | 25.1 | (7.8) | — | — | |
| Depreciation & amortization | 68.0 | 64.1 | 66.9 | 66.3 | 62.6 | 54.9 | −12.3% | |
| Stock-based compensation | 8.7 | 10.9 | 12.0 | 9.7 | 7.7 | — | — | |
| Change in working capital | (110.9) | (65.0) | (28.7) | (16.5) | 58.1 | 24.9 | −57.1% | |
| Operating cash flow | 5.1 | 171.2 | 164.0 | 95.8 | 102.6 | 65.8 | −35.9% | |
| Capital expenditure | (18.8) | (24.4) | (29.1) | (23.4) | (7.0) | (24.1) | −244.3% | |
| Acquisitions | 0.0 | 0.0 | (1.0) | 0.0 | 0.0 | — | — | |
| Investing cash flow | (18.8) | (24.4) | (30.1) | (20.2) | (22.7) | — | — | |
| Dividends paid | 0.0 | (186.4) | (165.1) | (47.6) | (47.8) | (7.0) | +85.4% | |
| Share buybacks | (6.4) | (38.0) | (75.7) | (12.3) | 0.0 | — | — | |
| Debt issued / repaid | 0.0 | 0.0 | 10.0 | 55.0 | 30.0 | — | — | |
| Financing cash flow | (56.4) | (269.4) | (280.7) | (98.8) | (65.3) | — | — | |
| Free cash flow | (13.7) | 146.8 | 134.9 | 72.4 | 95.6 | 59.7 | −37.6% | |
| Net change in cash | (73.9) | (114.4) | (150.6) | (23.8) | 46.7 | — | — |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
