The decision to move the year end to December has improved clarity regarding underlying revenue and earnings and provided more certainty and visibility to underpin forecasts. The trading update set out revenue/PBT estimates for the current financial year (an 18-month period to end Dec 2025) and we have included forecasts for the 12 months to end Dec 2026. A strategy articulated previously has stabilised and improved the quality of revenues that will steadily benefit core underlying profit margin ....
