B 
341.00p
-0.47%
Close of 9 Nov 2026, in pence
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in GBP, from our data supplier.
Revenue
£1.71bn
FY2016FY2025
Net income
£83.8m
FY2016FY2025
Free cash flow
£111.0m
FY2016FY2025
Shareholders' equity
£1.20bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £1.71bn | £1.58bn | £1.49bn | £1.40bn | £1.23bn | £928.7m | £929.6m | £862.7m | £652.4m | £454.7m |
| Operating income | £127.0m | £151.5m | £143.1m | £148.0m | £127.4m | £61.6m | £105.2m | £91.7m | £77.6m | £51.2m |
| Net income | £83.8m | £96.2m | £105.5m | £112.5m | £78.5m | £33.6m | £77.9m | £64.5m | £56.9m | £36.7m |
| Diluted earnings per share | 0.24 | 0.28 | 0.31 | 0.33 | 0.23 | 0.10 | 0.23 | 0.20 | 0.18 | 0.14 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £2.36bn | £2.11bn | £1.87bn | £1.79bn | £1.67bn | £1.62bn | £1.42bn | £1.39bn | £846.4m | £811.5m |
| Cash and short-term investments | £115.5m | £28.9m | £126.9m | £101.7m | £83.9m | £31.7m | £23.8m | £37.6m | £23.9m | £4.6m |
| Total liabilities | £1.16bn | £943.4m | £762.1m | £742.0m | £719.7m | £730.9m | £581.5m | £619.2m | £318.4m | £344.0m |
| Debt | £642.8m | £434.2m | £296.8m | £299.4m | £296.4m | £350.0m | £314.1m | £348.3m | £133.8m | £164.0m |
| Shareholders' equity | £1.20bn | £1.17bn | £1.11bn | £1.04bn | £949.6m | £888.3m | £839.0m | £773.1m | £527.9m | £467.3m |
| Shares outstanding | 347m | 345m | 340m | 339m | 338m | 338m | 337m | 323m | 319m | 260m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | £231.1m | £201.7m | £191.9m | £168.0m | £194.1m | £168.4m | £136.5m | £134.7m | £100.9m | £67.7m |
| Capital spending | −£120.1m | −£131.3m | −£106.8m | −£106.8m | −£76.9m | −£38.1m | −£56.3m | −£48.6m | −£46.2m | −£23.7m |
| Free cash flow | £111.0m | £70.4m | £85.1m | £61.2m | £117.2m | £130.3m | £80.2m | £86.1m | £54.7m | £44.0m |
| Dividends paid | −£51.5m | −£48.3m | −£37.6m | −£30.5m | −£8.4m | −£8.4m | −£8.4m | −£8.4m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sept 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £857.9m | £897.9m | £815.9m | £811.7m | £764.6m | £382.3m | £744.8m | £372.4m |
| Operating income | £43.2m | £78.3m | £48.7m | £92.8m | £63.1m | £34.4m | £81.7m | £46.3m |
| Net income | £25.5m | £56.3m | £27.5m | £62.1m | £34.1m | £17.1m | £61.6m | £30.8m |
| Diluted earnings per share | 0.07 | 0.16 | 0.08 | 0.18 | 0.10 | 0.05 | 0.18 | 0.09 |
| Cash from operations | £23.0m | £219.0m | £11.0m | £182.0m | £22.0m | £11.0m | £146.0m | £72.0m |
| Capital spending | −£46.0m | −£72.0m | −£47.0m | −£87.0m | −£44.0m | −£22.0m | −£73.0m | −£36.0m |
| Free cash flow | −£23.0m | £147.0m | −£36.0m | £95.0m | −£22.0m | −£11.0m | £73.0m | £36.0m |
| Total assets | £2.56bn | £2.36bn | £2.35bn | £2.11bn | £2.14bn | £2.14bn | £1.87bn | £1.87bn |
| Cash and short-term investments | £80.1m | £115.5m | £20.8m | £28.9m | £30.3m | £30.3m | £126.9m | £126.9m |
| Debt | £48.4m | £601.8m | £638.1m | £402.9m | £461.2m | £8.4m | £256.9m | £8.1m |
| Shareholders' equity | £1.24bn | £1.20bn | £1.15bn | £1.17bn | £1.12bn | £1.12bn | £1.11bn | £1.11bn |
Financial ratios
Data as of 5 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 7.4% | 9.5% | 9.9% | 10.2% | 10.3% | 6.3% |
| Net margin | 4.9% | 6.1% | 7.1% | 8.1% | 6.4% | 3.6% |
| Return on equity | 7.0% | 8.2% | 9.5% | 10.8% | 8.3% | 3.8% |
| Return on assets | 3.6% | 4.6% | 5.6% | 6.3% | 4.7% | 2.1% |
| Free cash flow yield | 0.3% | 0.3% | 0.3% | 0.2% | 0.2% | 0.2% |
| Revenue growth | 8.7% | 6.0% | 6.5% | 13.3% | 32.7% | -0.1% |
| Earnings growth | -12.9% | -8.8% | -6.2% | 43.3% | 133.6% | -56.9% |
| Current ratio | 1.35x | 1.33x | 1.61x | 1.46x | 1.26x | 0.89x |
| Debt to equity | 0.50x | 0.34x | 0.23x | 0.25x | 0.27x | 0.34x |
| Equity ratio | 50.8% | 55.4% | 59.3% | 58.4% | 56.9% | 54.9% |
| Interest coverage | 4.28x | 7.61x | 10.59x | 11.50x | 10.80x | 4.97x |
| Buybacks as a share of market value | -0.6% | -1.4% | -0.2% | -0.4% | -0.1% | -0.3% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 7.1% | 13.0% | 18.3% |
| Operating income | -5.0% | 15.6% | 14.1% |
| Net income | -9.4% | 20.1% | 12.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 8.5% | 9.2% | 9.1% | 9.7% |
| Net margin | 5.5% | 6.4% | 6.1% | 6.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 13.6 | 16.0 | 11.7 | 9.2 | 20.4 | 43.9 | 17.9 | 14.8 | 24.2 | 25.3 |
| Price to sales | 0.7 | 1.0 | 0.8 | 0.7 | 1.3 | 1.6 | 1.5 | 1.1 | 2.1 | 2.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 28 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Paid in the year | 0.103 | 0.148 | 0.14 | 0.11 | 0.09 | 0.025 |
- 5-to-1 reverse split · 17 May 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.