| GBP millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 19.3 | 25.7 | 41.9 | 6.4 | 18.9 | — | — | |
| Depreciation & amortization | 48.1 | 47.6 | 50.4 | 58.5 | 64.5 | 64.7 | +0.3% | |
| Stock-based compensation | 2.2 | 2.3 | 1.7 | 2.4 | 0.0 | — | — | |
| Change in working capital | (10.1) | (11.7) | (8.6) | (10.5) | (2.7) | (16.2) | −500.0% | |
| Operating cash flow | 60.2 | 75.5 | 84.5 | 67.8 | 82.1 | 71.3 | −13.2% | |
| Capital expenditure | (16.6) | (24.5) | (45.7) | (43.1) | (26.4) | (36.4) | −37.9% | |
| Acquisitions | (19.4) | (8.4) | (54.6) | (96.8) | (30.9) | — | — | |
| Investing cash flow | (35.4) | (45.1) | (99.9) | (140.5) | (22.7) | — | — | |
| Dividends paid | 0.0 | (4.6) | (5.0) | (5.4) | (5.7) | (6.1) | −7.0% | |
| Share buybacks | 0.0 | 0.0 | (1.2) | (0.9) | 0.0 | — | — | |
| Debt issued / repaid | (1.1) | (0.1) | 6.1 | 88.7 | (37.0) | — | — | |
| Financing cash flow | (12.6) | (15.1) | (12.1) | 68.3 | (59.2) | — | — | |
| Free cash flow | 43.6 | 51.0 | 38.8 | 24.7 | 55.7 | 42.8 | −23.2% | |
| Net change in cash | 12.2 | 15.3 | (27.5) | (5.0) | (0.4) | — | — |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
