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Earnings per share
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Earnings per share Earnings per share
Basic earnings / (loss) per share are computed by dividing net income / (loss) for the period by the weighted-average number of ordinary shares outstanding, net of Treasury shares and shares held in ESOP. Diluted earnings / (loss) per share are computed by dividing net income / (loss) for the period by the weighted average number of ordinary shares outstanding and the dilutive ordinary share equivalents.
Basic and diluted earnings / (loss) per share were calculated as follows:
Years ended December 31,
In millions except share and per-share data202520242023
Basic earnings / (loss):
Net income / (loss) from continuing operations$13.1 $18.3 $(2.6)
Net (loss) / income from discontinued operations(5.4)0.1 0.7 
Net income / (loss)$7.7 $18.4 $(1.9)
Weighted average number of £0.50 ordinary shares:
For basic earnings / (loss) per share26,727,422 26,804,873 26,897,556 
Dilutive effect of potential common stock517,685 279,028 123,403 
For diluted earnings / (loss) per share27,245,107 27,083,901 27,020,959 
Earnings / (loss) per share using weighted average number of ordinary shares outstanding:(1)(2)
Basic earnings / (loss) from continuing operations$0.49 $0.68 $(0.10)
Basic (loss) / earnings from discontinued operations$(0.20)$— $0.03 
Basic earnings / (loss) per ordinary share$0.29 $0.69 $(0.07)
Diluted earnings / (loss) from continuing operations$0.48 $0.68 $(0.10)
Diluted (loss) / earnings from discontinued operations$(0.20)$— $0.03 
Diluted earnings / (loss) per ordinary share $0.28 $0.68 $(0.07)
(1) The calculation of earnings / (loss) per share is performed separately for continuing and discontinued operations. As a result, the sum of the two in any particular year may not equal the earnings-per-share amount in total.
(2) The loss per share for discontinued operations in 2025 and continuing operations in 2023 has not been diluted, since the incremental shares included in the weighted-average number of shares outstanding would have been anti-dilutive.