| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 310.0 | 285.0 | 260.0 | 211.0 | 323.0 | 369.0 | +14.2% | |
| Depreciation & amortization | 124.0 | 87.0 | 97.0 | 108.0 | 96.0 | 90.0 | −6.3% | |
| Stock-based compensation | 29.0 | 36.0 | 36.0 | 49.0 | 56.0 | 51.0 | −8.9% | |
| Change in working capital | 80.0 | 109.0 | (74.0) | 18.0 | 29.0 | 8.0 | −72.4% | |
| Operating cash flow | 409.0 | 377.0 | 286.0 | 387.0 | 491.0 | 539.0 | +9.8% | |
| Capital expenditure | (40.0) | (56.0) | (52.0) | (22.0) | (37.0) | (41.0) | −10.8% | |
| Acquisitions | 216.0 | 135.0 | (233.0) | (26.0) | (32.0) | (82.0) | −156.3% | |
| Investing cash flow | 176.0 | 61.0 | (285.0) | (36.0) | (41.0) | (127.0) | −209.8% | |
| Dividends paid | (186.0) | (189.0) | (183.0) | (190.0) | (199.0) | (207.0) | −4.0% | |
| Share buybacks | (7.0) | (353.0) | (281.0) | (1.0) | (348.0) | (605.0) | −73.9% | |
| Debt issued / repaid | 97.0 | (138.0) | 350.0 | 69.0 | (16.0) | 295.0 | +1943.8% | |
| Financing cash flow | (88.0) | (694.0) | (127.0) | (114.0) | (610.0) | (521.0) | +14.6% | |
| Free cash flow | 369.0 | 321.0 | 234.0 | 365.0 | 454.0 | 498.0 | +9.7% | |
| Net change in cash | 460.0 | (278.0) | (64.0) | 207.0 | (188.0) | (118.0) | +37.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
