Financial highlights
Revenue
£1,462.0m
+ 2.9%
Underlying basic EPS
42.5p
+ 4.2%
Underlying profit before tax
62.1m
+ 6.9%
Basic EPS
26.9p
(30.1)%
Five year summary
| As reported under Adopted IFRS |
2023 |
2022 |
2021(2) |
2020(3) |
2019 |
|---|---|---|---|---|---|
| Revenue | 1,462.0 | 1.421.4 | 1,221.9 | 1,201.2 | 1,141.5 |
| Underlying operating profit (1) | 70.8 | 64.7 | 51.8 | 61.0 | 55.3 |
| Operating profit | 46.9 | 61.4 | 53.0 | 52.0 | 54.6 |
| Net financing costs | (8.7) | (6.6) | (4.6) | (8.2) | (6.0) |
| Underlying profit before tax (1) | 62.1 | 58.1 | 47.2 | 52.8 | 49.3 |
| Profit before tax | 38.2 | 54.8 | 48.4 | 43.8 | 48.6 |
| Underlying profit after tax for the year (1) | 52.4 | 50.6 | 39.7 | 44.7 | 41.5 |
| Underlying earnings per share (1) | 42.5p | 40.8p | 32.0p | 33.5p | 33.5p |
| Basic earnings per share | 26.9p | 38.6p | 33.3p | 31.1p | 34.5p |
| Dividend per share | 13.20p | 12.00p | 10.35p | 3.9p | 10.89p |
| Net cash/(debt) | 13.2 | 3.7 | 11.9 | (10.1) | (19.3) |
FOOTNOTES
-
Alternative performance measures: refer to Note 3 to the Group financial statements on pages 135 to 136.
-
Certain comparatives have been restated due to a required change in accounting policy which has resulted in costs previously capitalised now presented as a non-underlying expense within net operating profit.
-
IFRS 16 Leases was adopted on 1 April 2019 using the modified retrospective approach without restating prior year figures.
