STAKEHOLDER INFORMATION FIVE YEAR STATEMENT
2025 £’m |
2024 £’m |
2023 £’m |
2022 £’m |
2021 £’m |
|
Revenue |
2,723.3 |
2,599.3 |
2,323.0 |
2,008.5 |
1,898.4 |
Profit before tax |
181.6 |
158.4 |
139.5 |
129.9 |
114.8 |
Adjusted profit before tax* |
197.9 |
176.6 |
140.1 |
136.9 |
129.7 |
Earnings per share |
250.5p |
210.4p |
208.3p |
195.7p |
176.4p |
Adjusted earnings per share* |
273.4p |
242.8p |
210.0p |
205.4p |
199.3p |
Dividends per share |
101.0p |
90.0p |
79.4p |
75.6p |
70.0p |
Capital expenditure |
137.6 |
91.4 |
85.1 |
93.7 |
71.9 |
Net (debt)/funds |
(172.4) |
(99.4) |
(101.4) |
(106.0) |
(92.4) |
Net assets |
987.9 |
911.5 |
842.9 |
768.9 |
686.1 |
* Adjusted profit before tax and earnings per share exclude certain non-cash items including the net IAS 41 valuation movement on biological assets, amortisation and impairment of acquired intangible assets, and profit on sale of a business. These are the measures used by the Board to assess the Group’s underlying performance.
Dividends per share relate to dividends declared in respect of that year.
Net (debt)/funds is defined as per Note 27 to the accounts.