| GBP millions | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (33.5) | (172.1) | 24.7 | 58.8 | 26.1 | 13.7 | −47.6% | |
| Depreciation & amortization | 158.6 | 137.2 | 113.4 | 129.7 | 122.2 | 119.3 | −2.4% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | (10.6) | (51.0) | (37.8) | (24.9) | (3.3) | (4.6) | −39.1% | |
| Operating cash flow | 279.3 | 131.9 | 147.4 | 186.9 | 181.5 | 181.9 | +0.3% | |
| Capital expenditure | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Acquisitions | 441.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | 434.2 | (14.7) | 2.2 | 13.4 | 5.9 | 1.2 | −80.3% | |
| Dividends paid | (53.0) | (11.3) | (4.3) | (19.1) | (22.0) | (24.3) | −10.3% | |
| Share buybacks | 0.0 | (98.5) | (30.0) | (28.0) | 0.0 | (27.8) | — | |
| Debt issued / repaid | (409.5) | (84.5) | (85.6) | (103.3) | (110.8) | (112.7) | −1.8% | |
| Financing cash flow | (528.3) | (238.3) | (159.6) | (192.0) | (170.1) | (197.6) | −16.2% | |
| Free cash flow | 279.3 | 131.9 | 147.4 | 186.9 | 181.5 | 181.9 | +0.3% | |
| Net change in cash | 156.8 | (129.9) | (16.4) | 15.0 | 14.2 | (16.5) | −215.9% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
