Key numbers

♦ Market value: £4.5bn

♦ Turnover (Dec 2021): £4.3bn

♦ Pre-tax profits (Dec 2021): £680m

♦ Yield (Dec 2021): 6.5pc

♦ Most recent year’s dividend: 8.28p

♦ Net debt (Dec 2021): £837m net cash

♦ Return on capital (Dec 2021): 13pc

♦ Cash conversion ratio (Dec 2021): 62pc

♦ p/e ratio (Dec 2021): 8.4