| USD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (1,273.4) | 202.7 | 442.1 | 95.9 | 321.5 | 159.2 | −50.5% | |
| Depreciation & amortization | 467.1 | 378.9 | 425.8 | 436.6 | 444.2 | 376.0 | −15.4% | |
| Stock-based compensation | 20.9 | 11.6 | 5.8 | 6.0 | 6.9 | 7.7 | +11.6% | |
| Change in working capital | 118.4 | (52.3) | 47.3 | 89.0 | 25.5 | (133.8) | −624.7% | |
| Operating cash flow | 698.6 | 786.9 | 1,077.8 | 876.2 | 758.5 | 334.3 | −55.9% | |
| Capital expenditure | (430.9) | (236.5) | (306.4) | (292.5) | (224.5) | (195.6) | +12.9% | |
| Acquisitions | 513.4 | 132.8 | (126.8) | 0.0 | (8.1) | 0.0 | +100.0% | |
| Investing cash flow | 84.3 | (101.7) | (356.2) | (268.5) | (213.1) | 149.5 | +170.2% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (73.2) | (735.8) | (100.0) | (497.5) | (100.0) | (322.2) | −222.2% | |
| Financing cash flow | (271.7) | (1,027.3) | (552.8) | (742.5) | (492.2) | (700.2) | −42.3% | |
| Free cash flow | 267.7 | 550.4 | 771.4 | 583.7 | 534.0 | 138.7 | −74.0% | |
| Net change in cash | 516.6 | (336.3) | 167.2 | (137.3) | 56.1 | (222.9) | −497.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in USD; the shares trade in GBP.
