W 
415.00p
-1.38%
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
£1.55bn
FY2016FY2025
Net income
−£144.0m
FY2016FY2025
Free cash flow
£199.0m
FY2016FY2025
Shareholders' equity
£158.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £1.55bn | £1.92bn | £1.79bn | £1.40bn | £886.0m | £1.02bn | £1.40bn | £1.26bn | £1.23bn | £1.21bn |
| Gross profit | £880.0m | £1.21bn | £1.11bn | £849.0m | £514.0m | £568.0m | £845.0m | £761.0m | £733.0m | £709.0m |
| Operating income | £134.0m | £158.0m | £156.0m | £112.0m | −£34.0m | −£53.0m | £159.0m | £149.0m | £138.0m | £130.0m |
| Net income | −£144.0m | £67.0m | £79.0m | £47.0m | −£82.0m | −£239.0m | £106.0m | £108.0m | £116.0m | £108.0m |
| Diluted earnings per share | -1.13 | 0.51 | 0.60 | 0.36 | -0.63 | -1.83 | 0.81 | 0.82 | 0.89 | 0.82 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £1.46bn | £1.87bn | £1.65bn | £1.69bn | £1.35bn | £1.45bn | £746.0m | £528.0m | £488.0m | £470.0m |
| Cash and short-term investments | £71.0m | £56.0m | £56.0m | £132.0m | £130.0m | £108.0m | £49.0m | £45.0m | £38.0m | £38.0m |
| Total liabilities | £1.27bn | £1.42bn | £1.31bn | £1.42bn | £1.21bn | £1.22bn | £509.0m | £316.0m | £301.0m | £302.0m |
| Debt | £1.38bn | £1.05bn | £951.0m | £1.00bn | £885.0m | £959.0m | £229.0m | £47.0m | £34.0m | £31.0m |
| Shareholders' equity | £158.0m | £416.0m | £277.0m | £255.0m | £133.0m | £222.0m | £235.0m | £212.0m | £187.0m | £168.0m |
| Shares outstanding | 127m | 131m | 131m | 131m | 131m | 131m | 131m | 131m | 131m | 131m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | £276.0m | £275.0m | £251.0m | £187.0m | £100.0m | £81.0m | £149.0m | £143.0m | £148.0m | £134.0m |
| Capital spending | −£77.0m | −£131.0m | −£122.0m | −£83.0m | −£44.0m | −£79.0m | −£47.0m | −£43.0m | −£39.0m | −£34.0m |
| Free cash flow | £199.0m | £144.0m | £129.0m | £104.0m | £56.0m | £2.0m | £102.0m | £100.0m | £109.0m | £100.0m |
| Dividends paid | −£43.0m | −£41.0m | −£22.0m | −£7.0m | −£51.0m | −£47.0m | −£60.0m | −£54.0m | −£50.0m | −£46.0m |
Latest quarters
By quarter end
| Feb 2026 | Aug 2025 | Feb 2025 | Aug 2024 | Feb 2024 | Aug 2023 | May 2023 | Feb 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £748.0m | £602.0m | £951.0m | £992.0m | £926.0m | £934.0m | £467.0m | £859.0m |
| Gross profit | £408.0m | — | £584.0m | £656.0m | £556.0m | £593.0m | £296.5m | £518.0m |
| Operating income | £26.0m | £68.0m | £66.0m | £140.0m | £52.0m | £110.0m | £45.0m | £66.0m |
| Net income | −£27.0m | −£101.0m | −£43.0m | £50.0m | £17.0m | £47.0m | £26.5m | £32.0m |
| Diluted earnings per share | -0.22 | -0.80 | -0.34 | 0.38 | 0.13 | 0.36 | 0.20 | 0.24 |
| Cash from operations | −£4.0m | £190.0m | £86.0m | £204.0m | £62.0m | £200.0m | — | £51.0m |
| Capital spending | −£46.0m | −£30.0m | −£51.0m | −£41.0m | −£65.0m | −£62.0m | — | −£60.0m |
| Free cash flow | −£50.0m | £160.0m | £35.0m | £163.0m | −£3.0m | £138.0m | — | −£9.0m |
| Total assets | £1.45bn | £1.46bn | £1.75bn | £1.87bn | £1.70bn | £1.65bn | £1.65bn | £1.64bn |
| Cash and short-term investments | £48.0m | £71.0m | £39.0m | £56.0m | £44.0m | £56.0m | £56.0m | £46.0m |
| Debt | £643.0m | £551.0m | £733.0m | £552.0m | £605.0m | £501.0m | £835.0m | £560.0m |
| Shareholders' equity | £125.0m | £158.0m | £306.0m | £416.0m | £304.0m | £277.0m | £340.0m | £264.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 3.5% | 8.7% | 2.8% |
| Operating income | 6.2% | — | 0.9% |
| Net income | — | -9.6% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 60.3% | 60.8% | 59.9% | 59.7% |
| Operating margin | 8.4% | 8.4% | 5.5% | 7.9% |
| Net margin | -2.2% | 0.7% | -3.2% | 1.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -5.6 | 13.4 | 12.8 | 23.9 | -13.6 | -4.8 | 18.5 | 12.0 | 15.3 | 10.9 |
| Price to sales | 0.5 | 0.5 | 0.6 | 0.8 | 1.3 | 1.1 | 1.4 | 1.0 | 1.4 | 1.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 22 Jan 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.06 | 0.339 | 0.318 | 0.172 | 0.41 | 0.553 | 0.496 | 0.451 |
- 74-to-67 reverse split · 22 Feb 2008
- 1.031-to-1 reverse split · 27 Sept 2004
- 1.008-to-1 reverse split · 26 May 1998
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.