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Like for like revenue (£m)1

1,885.6
+6.2%

Reported revenue (£m)

1,871.6
+4.4%

Adjusted Operating Profit (£m)

102.0
+22.0%

Free Cash Flow (£m)

91.2
+51.1m

Leverage

1.9x
0.4x reduction

ROIC

7.2%
+60 basis points

Five Year History

£m 2021 2020 2019 20182 20172
Reported revenue 1871.6 1793.5 1885.9 1857.2 1814.8
Adjusted operating profit3 102.0 83.6 89.7 99.3 111.6
Adjusted profit before tax3 85.4 64.1 71.4 86.3 84.8
Profit after tax 56.8 34.1 36.9 67.2 31.0
Free cash flow4 91.2 40.1 46.9 55.1 71.1
Basic EPS (pence) 9.8 5.9 6.4 11.6 5.8
Adjusted EPS (pence) 10.4 8.7 10.3 12.7 13.3
Operational net debt5 293.7 333.4 354.8 309.3 270.5
Leverage6 (times) 1.9 2.3 2.3 2.0 1.8

1 - Like-for-like revenue is from continuing operations and excludes the impact of acquisitions, disposals, closures and the effect of foreign currency movements.

2 - The Group adopted IFRS 16 Leases from 2019. 2018 and 2017 have not been restated.

3 - Adjusted operating profit and adjusted profit before tax excludes restructuring costs, asset impairments and those additional charges or credits that are considered significant or one-off in nature.

4 - Free cash flow is the amount of cash generated after meeting obligations for interest, tax, pensions and spend on capital expenditure.

5 - Operational net debt excludes IFRS 16 lease liabilities (2021 £83.6m, 2020 £80.4m).

6 - Leverage is the ratio of operational net debt to adjusted EBITDA per IFRS 16 after covenant adjustments.