C 
591.00p
+0.51%
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
£515.7m
FY2017FY2026
Net income
£513.4m
FY2017FY2026
Free cash flow
—
FY2017FY2026
Shareholders' equity
£2.85bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £515.7m | £350.2m | £150.7m | £63.7m | £109.5m | £267.9m | −£235.1m | £44.4m | £90.5m | £186.6m |
| Research and development | — | — | — | £0 | £1 | £3 | £20 | £1 | £2 | £3 |
| Operating income | — | £692.0m | £303.9m | £72.9m | £104.9m | £277.6m | −£235.8m | £50.9m | £186.0m | £191.4m |
| Net income | £513.4m | £342.1m | £297.4m | £61.4m | £99.2m | £266.0m | −£237.0m | £42.5m | £88.5m | £184.9m |
| Diluted earnings per share | 1.00 | 0.68 | 0.60 | 0.12 | 0.21 | 0.60 | -0.57 | 0.11 | 0.25 | 0.54 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £3.00bn | £2.47bn | £2.26bn | £2.05bn | £1.94bn | £1.86bn | £1.58bn | £1.74bn | £1.65bn | £1.52bn |
| Cash and short-term investments | — | — | — | — | — | — | — | — | £68,000 | — |
| Total liabilities | £152.0m | £138.3m | £162.0m | £129.6m | £138.4m | £129.9m | £145.1m | £141.1m | £131.8m | £91.4m |
| Debt | — | £131.3m | £156.7m | £124.7m | £131.8m | £125.5m | £137.3m | £132.6m | £124.3m | £84.9m |
| Shareholders' equity | £2.85bn | £2.33bn | £2.10bn | £1.92bn | £1.80bn | £1.73bn | £1.43bn | £1.60bn | £1.52bn | £1.43bn |
| Shares outstanding | 515m | 501m | 494m | 502m | 468m | 446m | 417m | 385m | 358m | 343m |
Cash flow
Fiscal years
Latest quarters
By quarter end
| Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sept 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £287.8m | £294.2m | £62.8m | £171.5m | £85.7m | £139.1m | £69.6m | £1.4m |
| Operating income | £283.3m | £290.1m | £59.0m | £167.7m | £83.9m | £135.4m | £67.7m | −£2.1m |
| Net income | £280.6m | £286.2m | £55.9m | £164.5m | £82.2m | £133.0m | £66.5m | −£5.8m |
| Diluted earnings per share | 0.56 | 0.57 | 0.11 | 0.33 | 0.17 | 0.26 | 0.13 | -0.01 |
| Total assets | £2.78bn | £2.47bn | £2.27bn | £2.26bn | £2.26bn | £2.14bn | £2.14bn | £2.05bn |
| Cash and short-term investments | — | — | — | — | — | £1.8m | £1.8m | — |
| Debt | — | £17.0m | £52.7m | £41.0m | £41.0m | — | — | £9.0m |
| Shareholders' equity | £2.61bn | £2.33bn | £2.10bn | £2.10bn | £2.10bn | £2.02bn | £2.02bn | £1.92bn |
Financial ratios
Data as of 25 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 406.5% | 197.6% | 201.7% | 98.6% | 95.8% | 99.7% | — | — | — |
| Net margin | 401.4% | 97.7% | 197.4% | 96.4% | 90.6% | 99.3% | — | — | — |
| Return on equity | 18.0% | 14.7% | 14.2% | 3.2% | 5.5% | 15.4% | — | — | — |
| Return on assets | 17.1% | 13.8% | 13.2% | 3.0% | 5.1% | 14.3% | — | — | — |
| Revenue growth | -63.5% | 132.4% | 136.7% | -41.9% | -59.1% | -213.9% | — | — | — |
| Earnings growth | 50.1% | 15.0% | 384.3% | -38.1% | -62.7% | -212.2% | — | — | — |
| Current ratio | 34.17x | 6.42x | 0.28x | 0.78x | 0.86x | 128.57x | — | — | — |
| Debt to equity | — | 0.01x | 0.02x | 0.00x | 0.01x | 0.01x | 0.04x | — | — |
| Equity ratio | 94.9% | 94.4% | 92.8% | 93.7% | 92.8% | 93.0% | — | — | — |
| Interest coverage | 92.04x | 115.56x | 60.44x | 12.47x | 23.89x | 50.55x | — | — | — |
| R&D as a share of sales | — | — | — | 0.0% | 0.0% | 0.0% | -0.0% | 0.0% | 0.0% |
| Buybacks as a share of market value | -1.1% | -1.4% | 1.6% | -7.3% | -4.8% | -7.1% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 100.8% | 14.0% | 29.3% |
| Net income | 103.0% | 14.1% | 29.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Net margin | 98.8% | 112.4% | 108.4% | 107.1% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 6.0 | 7.8 | 7.2 | 33.5 | 19.4 | 6.6 | -6.5 | 40.2 | 15.6 | 8.1 |
| Price to sales | 6.0 | 7.6 | 14.1 | 32.3 | 17.5 | 6.6 | -6.6 | 38.4 | 15.2 | 8.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 36 years. Last went ex-dividend on 23 Jul 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.057 | 0.219 | 0.159 | 0.257 | 0.151 | 0.244 | 0.19 | 0.19 |
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.