Financial Highlights ^{(FY 2025)}

Notes
1. Reported change is calculated using amounts rounded to the nearest £’000
2. Constant currency removes the effect of currency movements by re-translating the current year’s performance at the previous year’s exchange rates
3. Reconciled in the Financial Review / note 18. Adjusted EBITDA excludes the impact of exceptional items, depreciation, amortisation, finance costs and taxation. Adjusted profit before tax excludes the impact of exceptional items, amortisation of acquired intangibles and movement in long-term acquisition liabilities. Exceptional items are detailed in the Financial Review.
4. Reconciled in note 4 of the financial information. Adjusted diluted earnings per share exclude the impact of exceptional items, amortisation of acquired intangibles, movement in long-term acquisition liabilities and the tax impact of adjusted items.
5. Reconciled in note 9 of the financial information. Net debt is calculated as cash and cash equivalents less borrowings