| GBP millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 268.3 | 516.2 | 804.9 | 941.0 | 863.1 | 657.1 | −23.9% | |
| Depreciation & amortization | 72.5 | 72.9 | 58.6 | 50.4 | 33.1 | 0.0 | −100.0% | |
| Stock-based compensation | 0.0 | 0.0 | 46.4 | 47.5 | 46.7 | 0.0 | −100.0% | |
| Change in working capital | (766.6) | (3,299.8) | (2,509.6) | (3,009.0) | (1,537.0) | (1,214.4) | +21.0% | |
| Operating cash flow | (205.9) | (2,124.7) | (2,220.2) | (1,670.1) | (567.8) | (381.4) | +32.8% | |
| Capital expenditure | (13.3) | (9.3) | (30.3) | (19.0) | (17.0) | 381.4 | +2344.2% | |
| Acquisitions | 0.0 | 0.0 | (9.7) | (28.6) | (4.8) | (1.2) | +75.7% | |
| Investing cash flow | 1.4 | 35.6 | (14.0) | (209.4) | 11.0 | (34.4) | −411.5% | |
| Dividends paid | (109.6) | (261.9) | (301.1) | (296.7) | (320.8) | (337.3) | −5.2% | |
| Share buybacks | (33.8) | (108.0) | (335.1) | (113.7) | (69.7) | (228.4) | −227.8% | |
| Debt issued / repaid | (20.2) | (208.2) | (251.2) | (145.7) | 21.1 | 23.5 | +11.5% | |
| Financing cash flow | (548.4) | 4,608.3 | 1,727.9 | 1,429.4 | (559.2) | (686.0) | −22.7% | |
| Free cash flow | (219.3) | (2,134.0) | (2,250.5) | (1,689.0) | (584.8) | 0.0 | +100.0% | |
| Net change in cash | (606.9) | 2,610.1 | (1,302.1) | (545.5) | (1,115.4) | 0.0 | +100.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
