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Financial summary

2022

(£m)

2021

(£m)

Year-on-year change

Underlying change(1)

Revenue

2,047

1,642.9

+25%

+18%

Trading Profit(2) (Adjusted EBITA)

227

142

+60%

+50%

Return on Sales(2)

11.1%

8.7%

+240 bps

+240 bps

Operating Profit

217

133

+63%

 

Headline Profit Before Tax(2)

217

137

+58%

 

Profit Before Tax

207

128

+62%

 

Profit

189

108

+75%

 

Headline Earnings(2)

152

96

+59%

 

Headline EPS(2) (pence)

56.5

35.3

+60%

 

Statutory EPS (pence)

67.2

37.7

+78%

 

Adjusted operating cash flow(2)

186

46

+307%

 

Cash Generated From Operations

268

83

+224%

 

Net Debt(2)

255

277

-8.0%

 

Dividend (pence per share)

22.25p

21.2p

+5.0%

 

(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 financial statements