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Financial summary

2024

(£m)

2023

(£m)

Underlying change (1) Year-on-year change
Headline (non-statutory)        
Revenue 1,820.1 1,929.8 (1.8%) (5.7%)
Trading Profit (2) (EBITA) 188.0 200.4 (0.2%) (6.2%)
Return on Sales (2) 10.3% 10.4% +10bps -10bps
Headline basic EPS (pence) (2) 43.3 46.7 +2.1% (7.2%)
Free cash flow (2) 60.8 128.2 NA (52.6%)
Net Debt / EBITDA  (2) 1.3x 0.9x NA +0.4x
Statutory        
Operating Profit 153.7 190.1 (13.8%) (19.1%)
Profit Before Tax 138.6 179.4 (16.3%) (22.7%)
Statutory basic EPS (pence) 33.5 44.0 (16.0%) (23.8%)
Cash inflow from operations  216.7 272.0 NA (20.3%)
Dividend (pence per share) 23.5p 23.0p NA +2.2%

(1) Underlying basis is at constant currency and excludes separately reported items, and the impact of acquisitions and disposals.

(2) For definitions of non-GAAP measures, refer to Note 16 in the Condensed Group Financial Statements.