| GBP millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 178.0 | 97.0 | 163.0 | 74.0 | 167.0 | 230.0 | +37.7% | |
| Depreciation & amortization | 95.0 | 128.0 | 127.0 | 117.0 | 114.0 | 115.0 | +0.9% | |
| Stock-based compensation | 6.0 | 10.0 | 13.0 | 17.0 | 39.0 | 49.0 | +25.6% | |
| Change in working capital | (36.0) | (53.0) | 89.0 | 84.0 | 10.0 | (128.0) | −1380.0% | |
| Operating cash flow | 144.0 | 111.0 | 324.0 | 286.0 | 353.0 | 247.0 | −30.0% | |
| Capital expenditure | (53.0) | (58.0) | (53.0) | (12.0) | (9.0) | (5.0) | +44.4% | |
| Acquisitions | (34.0) | (264.0) | (9.0) | (1.0) | (52.0) | (25.0) | +51.9% | |
| Investing cash flow | (53.0) | (289.0) | (78.0) | 15.0 | (30.0) | (110.0) | −266.7% | |
| Dividends paid | (94.0) | (47.0) | (78.0) | (100.0) | (113.0) | (128.0) | −13.3% | |
| Share buybacks | (14.0) | (2.0) | (3.0) | (36.0) | (56.0) | (124.0) | −121.4% | |
| Debt issued / repaid | (24.0) | 71.0 | (47.0) | 39.0 | (64.0) | 18.0 | +128.1% | |
| Financing cash flow | (105.0) | 296.0 | (163.0) | (130.0) | (277.0) | (264.0) | +4.7% | |
| Free cash flow | 91.0 | 53.0 | 271.0 | 274.0 | 344.0 | 242.0 | −29.7% | |
| Net change in cash | (27.0) | 118.0 | 121.0 | 131.0 | 47.0 | (132.0) | −380.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
