4 March 2025 - update
The company announced its annual results to 1 December recently and these revealed a 14.1% increase in revenue to £3.2bn, with adjusted group EBITDA rising threefold to £153.3m. The group reported an adjusted loss before tax of £360m on continuing activities, a similar level to 2023. Net debt at the end of the year was £713m excluding lease liabilities with total borrowings of £1.48bn offset by cash balances of £771m. This was up almost £200m on the previous year although the group spent £399m on capital expenditure. The results disappointed investors and . . .
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