| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 63.8 | 71.6 | 56.3 | 89.4 | 142.3 | 142.7 | +0.3% | |
| Depreciation & amortization | 99.1 | 94.6 | 112.7 | 117.3 | 112.1 | 110.7 | −1.2% | |
| Stock-based compensation | 2.4 | 3.9 | 3.3 | 4.5 | 4.2 | 0.0 | −100.0% | |
| Change in working capital | 52.1 | (11.5) | (123.9) | 14.8 | (13.1) | 2.2 | +116.8% | |
| Operating cash flow | 210.5 | 155.7 | 54.8 | 197.0 | 265.9 | 261.9 | −1.5% | |
| Capital expenditure | (73.0) | (84.4) | (81.7) | (94.3) | (89.0) | (90.3) | −1.5% | |
| Acquisitions | 2.2 | (22.8) | (19.5) | 1.1 | (0.9) | 15.2 | +1788.9% | |
| Investing cash flow | (62.4) | (97.0) | (89.0) | (72.5) | (57.7) | (75.2) | −30.3% | |
| Dividends paid | (25.9) | (25.9) | (26.4) | (27.7) | (34.6) | (36.7) | −6.1% | |
| Share buybacks | 0.0 | (3.7) | (1.2) | (3.4) | (20.1) | (42.5) | −111.4% | |
| Debt issued / repaid | (121.0) | (8.0) | 97.9 | (3.9) | (87.0) | (0.3) | +99.7% | |
| Financing cash flow | (174.1) | (37.6) | 41.0 | (67.7) | (145.2) | (110.6) | +23.8% | |
| Free cash flow | 137.5 | 71.3 | (26.9) | 102.5 | 176.9 | 171.6 | −3.0% | |
| Net change in cash | (25.9) | 20.2 | 12.4 | 54.8 | 58.7 | 73.8 | +25.7% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
