{ "documentInfo": { "documentType": "https://xbrl.org/2021/xbrl-json", "features": { "xbrl:canonicalValues": true }, "namespaces": { "ifrs-full": "https://xbrl.ifrs.org/taxonomy/2024-03-27/ifrs-full", "iso4217": "http://www.xbrl.org/2003/iso4217", "mcbrideplc": "http://mcbrideplc.com/xbrl/2025", "scheme": "http://standards.iso.org/iso/17442", "xbrl": "https://xbrl.org/2021", "xbrli": "http://www.xbrl.org/2003/instance" }, "taxonomy": [ "http://mcbrideplc.com/xbrl/2025/213800HX7FMPA2CIEF02-2026-06-30.xsd" ] }, "facts": { "fact-9": { "value": "934200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Revenue", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:Adjustedmember", "unit": "iso4217:GBP" } }, "fact-10": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Revenue", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:AdjustingItemsMember", "unit": "iso4217:GBP" } }, "fact-11": { "value": "934200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Revenue", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-12": { "value": "926500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Revenue", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:Adjustedmember", "unit": "iso4217:GBP" } }, "fact-13": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Revenue", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:AdjustingItemsMember", "unit": "iso4217:GBP" } }, "fact-14": { "value": "926500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Revenue", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-15": { "value": "589700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CostOfSales", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:Adjustedmember", "unit": "iso4217:GBP" } }, "fact-16": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CostOfSales", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:AdjustingItemsMember", "unit": "iso4217:GBP" } }, "fact-17": { "value": "589700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CostOfSales", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-18": { "value": "584400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CostOfSales", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:Adjustedmember", "unit": "iso4217:GBP" } }, "fact-19": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CostOfSales", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:AdjustingItemsMember", "unit": "iso4217:GBP" } }, "fact-20": { "value": "584400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CostOfSales", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-21": { "value": "344500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GrossProfit", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:Adjustedmember", "unit": "iso4217:GBP" } }, "fact-22": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GrossProfit", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:AdjustingItemsMember", "unit": "iso4217:GBP" } }, "fact-23": { "value": "344500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GrossProfit", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-24": { "value": "342100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GrossProfit", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:Adjustedmember", "unit": "iso4217:GBP" } }, "fact-25": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GrossProfit", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:AdjustingItemsMember", "unit": "iso4217:GBP" } }, "fact-26": { "value": "342100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GrossProfit", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-27": { "value": "87700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DistributionCosts", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:Adjustedmember", "unit": "iso4217:GBP" } }, "fact-28": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DistributionCosts", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:AdjustingItemsMember", "unit": "iso4217:GBP" } }, "fact-29": { "value": "87700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DistributionCosts", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-30": { "value": "85500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DistributionCosts", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:Adjustedmember", "unit": "iso4217:GBP" } }, "fact-31": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DistributionCosts", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:AdjustingItemsMember", "unit": "iso4217:GBP" } }, "fact-32": { "value": "85500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DistributionCosts", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-33": { "value": "197700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:AdministrativeExpense", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:Adjustedmember", "unit": "iso4217:GBP" } }, "fact-34": { "value": "8900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:AdministrativeExpense", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:AdjustingItemsMember", "unit": "iso4217:GBP" } }, "fact-35": { "value": "206600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:AdministrativeExpense", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-36": { "value": "191100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:AdministrativeExpense", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:Adjustedmember", "unit": "iso4217:GBP" } }, "fact-37": { "value": "5900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:AdministrativeExpense", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:AdjustingItemsMember", "unit": "iso4217:GBP" } }, "fact-38": { "value": "197000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:AdministrativeExpense", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-39": { "value": "100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReversalOfImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:Adjustedmember", "unit": "iso4217:GBP" } }, "fact-40": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReversalOfImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:AdjustingItemsMember", "unit": "iso4217:GBP" } }, "fact-41": { "value": "100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReversalOfImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-42": { "value": "-600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReversalOfImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:Adjustedmember", "unit": "iso4217:GBP" } }, "fact-43": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReversalOfImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:AdjustingItemsMember", "unit": "iso4217:GBP" } }, "fact-44": { "value": "-600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReversalOfImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-45": { "value": "59000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLossFromOperatingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:Adjustedmember", "unit": "iso4217:GBP" } }, "fact-46": { "value": "-8900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLossFromOperatingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:AdjustingItemsMember", "unit": "iso4217:GBP" } }, "fact-47": { "value": "50100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLossFromOperatingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-48": { "value": "66100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLossFromOperatingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:Adjustedmember", "unit": "iso4217:GBP" } }, "fact-49": { "value": "-5900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLossFromOperatingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:AdjustingItemsMember", "unit": "iso4217:GBP" } }, "fact-50": { "value": "60200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLossFromOperatingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-51": { "value": "10200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:FinanceCosts", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:Adjustedmember", "unit": "iso4217:GBP" } }, "fact-52": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:FinanceCosts", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:AdjustingItemsMember", "unit": "iso4217:GBP" } }, "fact-53": { "value": "10200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:FinanceCosts", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-54": { "value": "11200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:FinanceCosts", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:Adjustedmember", "unit": "iso4217:GBP" } }, "fact-55": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:FinanceCosts", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:AdjustingItemsMember", "unit": "iso4217:GBP" } }, "fact-56": { "value": "11200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:FinanceCosts", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-57": { "value": "48800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLossBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:Adjustedmember", "unit": "iso4217:GBP" } }, "fact-58": { "value": "-8900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLossBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:AdjustingItemsMember", "unit": "iso4217:GBP" } }, "fact-59": { "value": "39900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLossBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-60": { "value": "54900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLossBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:Adjustedmember", "unit": "iso4217:GBP" } }, "fact-61": { "value": "-5900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLossBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:AdjustingItemsMember", "unit": "iso4217:GBP" } }, "fact-62": { "value": "49000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLossBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-63": { "value": "12100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxExpenseContinuingOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:Adjustedmember", "unit": "iso4217:GBP" } }, "fact-64": { "value": "-2200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxExpenseContinuingOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:AdjustingItemsMember", "unit": "iso4217:GBP" } }, "fact-65": { "value": "9900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxExpenseContinuingOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-66": { "value": "17300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxExpenseContinuingOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:Adjustedmember", "unit": "iso4217:GBP" } }, "fact-67": { "value": "-1500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxExpenseContinuingOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:AdjustingItemsMember", "unit": "iso4217:GBP" } }, "fact-68": { "value": "15800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxExpenseContinuingOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-69": { "value": "36700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:Adjustedmember", "unit": "iso4217:GBP" } }, "fact-70": { "value": "-6700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:AdjustingItemsMember", "unit": "iso4217:GBP" } }, "fact-71": { "value": "30000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-72": { "value": "37600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:Adjustedmember", "unit": "iso4217:GBP" } }, "fact-73": { "value": "-4400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "mcbrideplc:ConsolidatedIncomeStatementAxis": "mcbrideplc:AdjustingItemsMember", "unit": "iso4217:GBP" } }, "fact-74": { "value": "33200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-75": { "value": "0.177", "decimals": 3, "dimensions": { "concept": "ifrs-full:BasicEarningsLossPerShare", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP/xbrli:shares" } }, "fact-76": { "value": "0.195", "decimals": 3, "dimensions": { "concept": "ifrs-full:BasicEarningsLossPerShare", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP/xbrli:shares" } }, "fact-77": { "value": "0.169", "decimals": 3, "dimensions": { "concept": "ifrs-full:DilutedEarningsLossPerShare", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP/xbrli:shares" } }, "fact-78": { "value": "0.186", "decimals": 3, "dimensions": { "concept": "ifrs-full:DilutedEarningsLossPerShare", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP/xbrli:shares" } }, "fact-79": { "value": "30000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-80": { "value": "33200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-81": { "value": "1700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-82": { "value": "800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-83": { "value": "700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxHedgesOfNetInvestmentsInForeignOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-84": { "value": "100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxHedgesOfNetInvestmentsInForeignOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-85": { "value": "400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-86": { "value": "-600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-87": { "value": "500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-88": { "value": "600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-89": { "value": "-1700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-90": { "value": "200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-91": { "value": "4000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-92": { "value": "-500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-93": { "value": "500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-94": { "value": "-1200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-95": { "value": "100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-96": { "value": "-300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-97": { "value": "400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-98": { "value": "-900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-99": { "value": "4400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-100": { "value": "-1400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-101": { "value": "34400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-102": { "value": "31800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-103": { "value": "19800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Goodwill", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-104": { "value": "19800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Goodwill", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-105": { "value": "28300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IntangibleAssetsOtherThanGoodwill", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-106": { "value": "18300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IntangibleAssetsOtherThanGoodwill", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-107": { "value": "123500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PropertyPlantAndEquipment", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-108": { "value": "120300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PropertyPlantAndEquipment", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-109": { "value": "100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentDerivativeFinancialAssets", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-110": { "value": "300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentDerivativeFinancialAssets", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-111": { "value": "5700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:RightofuseAssets", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-112": { "value": "7900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:RightofuseAssets", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-113": { "value": "41200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DeferredTaxAssets", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-114": { "value": "38200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DeferredTaxAssets", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-115": { "value": "218600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentAssets", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-116": { "value": "204800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentAssets", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-117": { "value": "132600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Inventories", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-118": { "value": "123400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Inventories", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-119": { "value": "142200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:TradeAndOtherCurrentReceivables", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-120": { "value": "139100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:TradeAndOtherCurrentReceivables", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-121": { "value": "1100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentTaxAssets", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-122": { "value": "3600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentTaxAssets", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-123": { "value": "500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentDerivativeFinancialAssets", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-124": { "value": "200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentDerivativeFinancialAssets", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-125": { "value": "65200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-126": { "value": "34200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-127": { "value": "341600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentAssets", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-128": { "value": "300500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentAssets", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-129": { "value": "560200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Assets", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-130": { "value": "505300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Assets", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-131": { "value": "220900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:TradeAndOtherCurrentPayables", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-132": { "value": "228000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:TradeAndOtherCurrentPayables", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-133": { "value": "76800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ShorttermBorrowings", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-134": { "value": "69800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ShorttermBorrowings", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-135": { "value": "2200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentLeaseLiabilities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-136": { "value": "3700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentLeaseLiabilities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-137": { "value": "300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentDerivativeFinancialLiabilities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-138": { "value": "400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentDerivativeFinancialLiabilities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-139": { "value": "9000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentTaxLiabilities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-140": { "value": "7200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentTaxLiabilities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-141": { "value": "1500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentProvisions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-142": { "value": "2700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentProvisions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-143": { "value": "310700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentLiabilities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-144": { "value": "311800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentLiabilities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-145": { "value": "105100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:LongtermBorrowings", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-146": { "value": "61300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:LongtermBorrowings", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-147": { "value": "3900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentLeaseLiabilities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-148": { "value": "4600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentLeaseLiabilities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-149": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentDerivativeFinancialLiabilities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-150": { "value": "100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentDerivativeFinancialLiabilities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-151": { "value": "19900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-152": { "value": "24900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-153": { "value": "2400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentProvisions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-154": { "value": "1600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentProvisions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-155": { "value": "7100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DeferredTaxLiabilities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-156": { "value": "6700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DeferredTaxLiabilities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-157": { "value": "138400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentLiabilities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-158": { "value": "99200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentLiabilities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-159": { "value": "449100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Liabilities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-160": { "value": "411000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Liabilities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-161": { "value": "111100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NetAssetsLiabilities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-162": { "value": "94300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NetAssetsLiabilities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-163": { "value": "17400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IssuedCapital", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-164": { "value": "17400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IssuedCapital", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-165": { "value": "68600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:SharePremium", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-166": { "value": "68600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:SharePremium", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-167": { "value": "80500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherReserves", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-168": { "value": "75800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherReserves", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-169": { "value": "-55400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:RetainedEarnings", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-170": { "value": "-67500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:RetainedEarnings", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-171": { "value": "111100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-172": { "value": "94300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-1": { "value": "The financial statements on pages 114 to 164 were approved by the Board of Directors on 14 September 2026 and were signed on its behalf by: Chris Smith Director", "dimensions": { "concept": "ifrs-full:DisclosureOfAuthorisationOfFinancialStatementsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-173": { "value": "39900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLossBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-174": { "value": "49000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLossBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-175": { "value": "10200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:AdjustmentsForFinanceCosts", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-176": { "value": "11200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:AdjustmentsForFinanceCosts", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-177": { "value": "7600000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:AdjustmentsForExceptionalItemsExcludingFinanceCosts", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-178": { "value": "4000000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:AdjustmentsForExceptionalItemsExcludingFinanceCosts", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-179": { "value": "1600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:AdjustmentsForSharebasedPayments", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-180": { "value": "1600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:AdjustmentsForSharebasedPayments", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-181": { "value": "16900000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:AdjustmentsForDepreciationOfPropertyPlantAndEquipment", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-182": { "value": "15800000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:AdjustmentsForDepreciationOfPropertyPlantAndEquipment", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-183": { "value": "4100000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:AdjustmentsForDepreciationOfRightOfUseAssets", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-184": { "value": "3900000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:AdjustmentsForDepreciationOfRightOfUseAssets", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-185": { "value": "400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-186": { "value": "400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-187": { "value": "1300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:AdjustmentsForAmortisationExpense", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-188": { "value": "1900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:AdjustmentsForAmortisationExpense", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-189": { "value": "100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-190": { "value": "-600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-191": { "value": "82100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-192": { "value": "87200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-193": { "value": "-2300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-194": { "value": "9900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-195": { "value": "-8400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInInventories", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-196": { "value": "-2400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInInventories", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-197": { "value": "-9000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-198": { "value": "6200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-199": { "value": "62400000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:OperatingCashFlowAfterChangesInWorkingCapitalBeforeExceptionalItemsAndAdditionalPensionFunding", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-200": { "value": "100900000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:OperatingCashFlowAfterChangesInWorkingCapitalBeforeExceptionalItemsAndAdditionalPensionFunding", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-201": { "value": "5700000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:AdditionalCashFundingOfPensionSchemesClassifiedAsOperatingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-202": { "value": "7000000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:AdditionalCashFundingOfPensionSchemesClassifiedAsOperatingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-203": { "value": "56700000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:CashGeneratedFromOperationsBeforeExceptionalItems", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-204": { "value": "93900000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:CashGeneratedFromOperationsBeforeExceptionalItems", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-205": { "value": "7600000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:CashOutflowInRespectOfExceptionalItemsClassifiedAsOperatingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-206": { "value": "3200000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:CashOutflowInRespectOfExceptionalItemsClassifiedAsOperatingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-207": { "value": "49100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-208": { "value": "90700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-209": { "value": "7300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:InterestPaidClassifiedAsOperatingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-210": { "value": "7900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:InterestPaidClassifiedAsOperatingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-211": { "value": "600000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:RefinancingCostsPaidClassifiedAsOperatingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-212": { "value": "1800000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:RefinancingCostsPaidClassifiedAsOperatingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-213": { "value": "7800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-214": { "value": "17900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-215": { "value": "33400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-216": { "value": "63100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-217": { "value": "20000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-218": { "value": "20000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-219": { "value": "11200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-220": { "value": "10400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-221": { "value": "300000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:SettlementOfDerivativesUsedInNetInvestmentHedgesClassifiedAsInvestingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-222": { "value": "400000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:SettlementOfDerivativesUsedInNetInvestmentHedgesClassifiedAsInvestingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-223": { "value": "-30900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-224": { "value": "-30000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-225": { "value": "1200000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:DrawdownRepaymentOfOverdraftsClassifiedAsFinancingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-226": { "value": "-9800000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:DrawdownRepaymentOfOverdraftsClassifiedAsFinancingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-227": { "value": "5800000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:DrawdownOfOtherLoansClassifiedAsFinancingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-228": { "value": "11500000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:DrawdownOfOtherLoansClassifiedAsFinancingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-229": { "value": "-65200000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:RepaymentOfBankLoansClassifiedAsFinancingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-230": { "value": "-65000000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:RepaymentOfBankLoansClassifiedAsFinancingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-231": { "value": "108900000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:DrawdownOfBankLoansClassifiedAsFinancingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-232": { "value": "61100000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:DrawdownOfBankLoansClassifiedAsFinancingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-233": { "value": "4500000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:RepaymentOFIFRS16LeaseObligationsClassifiedAsFinancingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-234": { "value": "4200000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:RepaymentOFIFRS16LeaseObligationsClassifiedAsFinancingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-235": { "value": "100000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:RedemptionOfBSharesClassifiedAsFinancingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-236": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:RedemptionOfBSharesClassifiedAsFinancingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-237": { "value": "5200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DividendsPaidClassifiedAsFinancingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-238": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DividendsPaidClassifiedAsFinancingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-239": { "value": "6400000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:PurchaseOfOwnSharesThroughTheEBTClassifiedAsFinancingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-240": { "value": "2400000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:PurchaseOfOwnSharesThroughTheEBTClassifiedAsFinancingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-241": { "value": "6400000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:BuybackOfOwnSharesClassifiedAsFinancingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-242": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:BuybackOfOwnSharesClassifiedAsFinancingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-243": { "value": "28100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-244": { "value": "-8800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-245": { "value": "30600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-246": { "value": "24300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-247": { "value": "34200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-248": { "value": "9300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-249": { "value": "400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-250": { "value": "600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-251": { "value": "65200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-252": { "value": "34200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-253": { "value": "17400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-254": { "value": "68600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-255": { "value": "-1200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-256": { "value": "-200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-257": { "value": "77200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-258": { "value": "-67500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-259": { "value": "94300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-260": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-261": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-262": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-263": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-264": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-265": { "value": "30000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-266": { "value": "30000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-267": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-268": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-269": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-270": { "value": "1700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-271": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-272": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-273": { "value": "1700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-274": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxHedgesOfNetInvestmentsInForeignOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-275": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxHedgesOfNetInvestmentsInForeignOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-276": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxHedgesOfNetInvestmentsInForeignOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-277": { "value": "700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxHedgesOfNetInvestmentsInForeignOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-278": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxHedgesOfNetInvestmentsInForeignOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-279": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxHedgesOfNetInvestmentsInForeignOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-280": { "value": "700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxHedgesOfNetInvestmentsInForeignOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-281": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-282": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-283": { "value": "400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-284": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-285": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-286": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-287": { "value": "400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-288": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-289": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-290": { "value": "500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-291": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-292": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-293": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-294": { "value": "500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-295": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-296": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-297": { "value": "-1700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-298": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-299": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-300": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-301": { "value": "-1700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-302": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-303": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-304": { "value": "1600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-305": { "value": "2400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-306": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-307": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-308": { "value": "4000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-309": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-310": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-311": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-312": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-313": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-314": { "value": "500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-315": { "value": "500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-316": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-317": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-318": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-319": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-320": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-321": { "value": "100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-322": { "value": "100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-323": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-324": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-325": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-326": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-327": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-328": { "value": "400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-329": { "value": "400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-330": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-331": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-332": { "value": "1600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-333": { "value": "2400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-334": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-335": { "value": "400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-336": { "value": "4400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-337": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-338": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-339": { "value": "1600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-340": { "value": "2400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-341": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-342": { "value": "30400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-343": { "value": "34400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-344": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:RedemptionOfBShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-345": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:RedemptionOfBShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-346": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:RedemptionOfBShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-347": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:RedemptionOfBShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-348": { "value": "100000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:RedemptionOfBShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-349": { "value": "-100000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:RedemptionOfBShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-350": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:RedemptionOfBShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-351": { "value": "400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-352": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-353": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-354": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-355": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-356": { "value": "-400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-357": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-358": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-359": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-360": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-361": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-362": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-363": { "value": "6400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-364": { "value": "6400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-365": { "value": "-400000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:BuybackOfOwnShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-366": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:BuybackOfOwnShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-367": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:BuybackOfOwnShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-368": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:BuybackOfOwnShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-369": { "value": "400000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:BuybackOfOwnShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-370": { "value": "-6400000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:BuybackOfOwnShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-371": { "value": "-6400000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:BuybackOfOwnShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-372": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-373": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-374": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-375": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-376": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-377": { "value": "5200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-378": { "value": "5200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-379": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-380": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-381": { "value": "100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-382": { "value": "100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-383": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-384": { "value": "-200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-385": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughTransferToStatutoryReserve", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-386": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-387": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-388": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-389": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-390": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-391": { "value": "1600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-392": { "value": "1600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-393": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-394": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-395": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-396": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-397": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-398": { "value": "1200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-399": { "value": "1200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-400": { "value": "17400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-401": { "value": "68600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-402": { "value": "500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-403": { "value": "2300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-404": { "value": "77700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-405": { "value": "-55400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-406": { "value": "111100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-2": { "value": "6100000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:CostOfOwnSharesHeldInRelationToEmployeeShareSchemes", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-3": { "value": "4200000.0", "decimals": -5, "dimensions": { "concept": "mcbrideplc:CostOfOwnSharesHeldInRelationToEmployeeShareSchemes", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-407": { "value": "17400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-408": { "value": "68600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-409": { "value": "200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-410": { "value": "-1100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-411": { "value": "77200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-412": { "value": "-98900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-413": { "value": "63400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-414": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-415": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-416": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-417": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-418": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-419": { "value": "33200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-420": { "value": "33200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-421": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-422": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-423": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-424": { "value": "800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-425": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-426": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-427": { "value": "800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-428": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxHedgesOfNetInvestmentsInForeignOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-429": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxHedgesOfNetInvestmentsInForeignOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-430": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxHedgesOfNetInvestmentsInForeignOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-431": { "value": "100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxHedgesOfNetInvestmentsInForeignOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-432": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxHedgesOfNetInvestmentsInForeignOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-433": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxHedgesOfNetInvestmentsInForeignOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-434": { "value": "100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxHedgesOfNetInvestmentsInForeignOperations", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-435": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-436": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-437": { "value": "-600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-438": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-439": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-440": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-441": { "value": "-600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-442": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-443": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-444": { "value": "600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-445": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-446": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-447": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-448": { "value": "600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-449": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-450": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-451": { "value": "200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-452": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-453": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-454": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-455": { "value": "200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-456": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-457": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-458": { "value": "-1400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-459": { "value": "900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-460": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-461": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-462": { "value": "-500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-463": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-464": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-465": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-466": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-467": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-468": { "value": "-1200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-469": { "value": "-1200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-470": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-471": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-472": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-473": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-474": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-475": { "value": "-300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-476": { "value": "-300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-477": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-478": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-479": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-480": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-481": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-482": { "value": "-900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-483": { "value": "-900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-484": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-485": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-486": { "value": "-1400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-487": { "value": "900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-488": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-489": { "value": "-900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-490": { "value": "-1400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-491": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-492": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-493": { "value": "-1400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-494": { "value": "900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-495": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-496": { "value": "32300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-497": { "value": "31800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-498": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-499": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-500": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-501": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-502": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-503": { "value": "2400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-504": { "value": "2400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-505": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-506": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-507": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-508": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-509": { "value": "0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-510": { "value": "1600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-511": { "value": "1600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-512": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-513": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-514": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-515": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-516": { "value": "-0.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-517": { "value": "100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-518": { "value": "100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2024-07-01T00:00:00/2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-519": { "value": "17400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "fact-520": { "value": "68600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "fact-521": { "value": "-1200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "fact-522": { "value": "-200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "fact-523": { "value": "77200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "fact-524": { "value": "-67500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "fact-525": { "value": "94300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00", "unit": "iso4217:GBP" } }, "fact-529": { "value": "1. Corporate information McBride plc (the \u2018Company\u2019) is a public company limited by shares incorporated and domiciled in the United Kingdom and registered in England and Wales. The Company\u2019s ordinary shares are listed on the London Stock Exchange. The registered office of the Company is Middleton Way, Middleton, Manchester M24 4DP . The Company and its subsidiaries (together, the \u2018Group\u2019) is Europe\u2019s leading manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning/hygiene markets. The Group develops and manufactures products for retailers and brand owners in Europe and the Asia-Pacific region.", "dimensions": { "concept": "ifrs-full:DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-4": { "value": "McBride plc", "dimensions": { "concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-526": { "value": "McBride plc", "dimensions": { "concept": "ifrs-full:NameOfParentEntity", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-5": { "value": "public company limited", "dimensions": { "concept": "ifrs-full:LegalFormOfEntity", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-6": { "value": "United Kingdom", "dimensions": { "concept": "ifrs-full:CountryOfIncorporation", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-527": { "value": "United Kingdom", "dimensions": { "concept": "ifrs-full:DomicileOfEntity", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-7": { "value": "Middleton Way, Middleton, Manchester M24 4DP ", "dimensions": { "concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-8": { "value": "The Company and its subsidiaries (together, the \u2018Group\u2019) is Europe\u2019s leading manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning/hygiene markets. The Group develops and manufactures products for retailers and brand owners in Europe and the Asia-Pacific region.", "dimensions": { "concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-528": { "value": "
2. Material accounting policies
Accounting period
The Group\u2019s annual financial statements
are drawn up to 30 June. These financial
statements cover the year ended
30 June 2026 (\u20182026\u2019) with comparative
amounts for the year ended 30 June 2025
(\u20182025\u2019).
Basis of preparation
The consolidated financial statements on
pages 114 to 164 have been prepared on
the going concern basis in accordance
with UK-adopted International Accounting
Standards and with the requirements of
the Companies Act 2006 as applicable
to companies reporting under those
standards. The financial statements
have been prepared under the historical
cost convention, modified in respect of
the revaluation to fair value of financial
assets and liabilities (derivative financial
instruments) either through other
comprehensive income or profit or loss,
assets held for sale and defined benefit
pension scheme assets.
A summary of the material accounting
policies is set out below. The accounting
policies that follow set out those policies
that apply in preparing the financial
statements for the year ended 30 June 2026
and the Group and Company have applied
the same policies throughout the year.
Going concern
The Group\u2019s business activities, together
with the factors likely to affect its future
development, performance and position,
are set out in the Strategic Report. The
financial position of the Group, its cash
flows, liquidity position and borrowing
facilities are described in the CFO\u2019s Report
on pages 19 to 21. In addition, notes 20
and 21 include the Group\u2019s objectives,
policies and processes for managing its
capital; its financial risk management
objectives; details of its financial
instruments and hedging activities; and
its exposures to credit and liquidity risks.
The Group meets its funding requirements
through internal cash generation and
bank credit facilities. At 30 June 2026,
liquidity, as defined in note 30, amounted
to \u00a3167.6 million.
The Group\u2019s base case forecasts are
based on the Board-approved budget and
three-year plan. They indicate sufficient
liquidity, debt cover and interest cover
throughout the going concern review period
to ensure compliance with current banking
covenants. The Group\u2019s base case scenario
assumes:
\u2022 average revenue growth of c.4% per
annum (from 2027 to 2029), driven
predominantly by volume increases;
\u2022 raw material input costs growing at
levels consistent with expected revenue
growth;
\u2022 interest rates reducing in line with current
market expectations; and
\u2022 a Sterling to Euro exchange rate of
\u00a31:\u20ac1.15.
The Directors have considered the Group\u2019s
principal risks with the highest likelihood
of occurrence or the severest impact, and
the adverse effect this would have on
the Group\u2019s financial forecasts. Changing
market, customer and consumer dynamics
could adversely impact revenue growth.
Lack of supply chain resilience influences
raw material and packaging input costs.
Economic, political and macro environment
instability potentially affects both revenue
growth and input costs, in addition to
market interest rates and foreign exchange
rates. Considering these risks, a severe but
plausible downside scenario to stress test
the Group\u2019s financial forecasts has been
modelled, with the following assumptions:
\u2022 a 5% year-on-year reduction in revenue
in 2027;
\u2022 revenue growth reducing to 1% in 2028
and 2029, being half of the Group\u2019s
long-term target of 2%;
\u2022 an increase in raw material and
packaging input costs compared to latest
forecasts;
\u2022 interest rates increasing by 100 basis
points; and
\u2022 Sterling appreciating significantly against
the Euro to \u00a31:\u20ac1.25.
In the event that such a severe but plausible
downside risk scenario occurs, the Group
would remain compliant with current
banking covenants.
After reviewing the current liquidity
position and financial forecasts, stress
testing for potential risks and considering
the uncertainties described above,
and based on the currently committed
funding facilities, the Directors have a
reasonable expectation that the Group
has sufficient resources to continue
in operational existence and without
significant curtailment of operations for
the foreseeable future. For these reasons,
the Directors continue to adopt the going
concern basis of accounting in preparing
the Group financial statements.
Segmental reporting
Operating segments are reported in
a manner consistent with the internal
reporting provided to the chief operating
decision maker. The Board of McBride
plc assesses the financial performance
and position of the Group and makes
strategic decisions. Therefore, the Board of
McBride plc has been identified as the chief
operating decision maker.
Financial information is presented to the
Board by product technology for the
purposes of allocating resources within
the Group and assessing the performance
of the Group\u2019s businesses. There are five
separately managed and accountable
business divisions:
\u2022 Liquids;
\u2022 Unit Dosing;
\u2022 Powders;
\u2022 Aerosols; and
\u2022 Asia Pacific.
Intra-group revenue from the sale of
products is agreed and reconciled between
the relevant customer-facing units and
eliminated in the segmental presentation
that is presented to the Board and therefore
excluded from the reported figures. Most
overhead costs are directly attributed within
the respective divisions\u2019 income statements.
Central overheads are allocated to a
reportable segment proportionally using an
appropriate cost driver and include costs of
certain Group functions (mostly associated
with financial disciplines such as treasury).
Corporate costs are reported separately
and include the costs associated with the
Board and the Executive Leadership Team,
governance and being a listed company.
Exceptional items are detailed in note 4
and are not allocated to the reportable
segments as this reflects how they are
reported to the Board. Finance expense and
income are not allocated to the reportable
segments, as the Group Treasury function
manages this activity, together with the
overall net debt position of the Group.
The Board uses adjusted operating profit
to measure the profitability of the Group\u2019s
businesses. Adjusted operating profit
is, therefore, the measure of segment
profit presented in the Group\u2019s segment
disclosures. Adjusted operating profit
represents operating profit before specific
items that are considered to hinder
comparison of the trading performance
of the Group\u2019s businesses either year on
year or with other businesses. During the
years under review, the items excluded
from operating profit in arriving at adjusted
operating profit were the amortisation of
intangible assets and exceptional items.
Adjusted operating profit is not defined
under IFRS and is therefore termed a
non-GAAP measure. The rationale for using
this measure, along with a reconciliation
from the nearest measures prepared in
accordance with IFRS, is discussed in
alternative performance measures on
page 163.
Segment information is presented in note 3.
Principal accounting policies
The Group and Company financial
statements are presented in Pounds
Sterling and all values are rounded to the
nearest million Pounds (\u00a3m) except where
otherwise indicated.
Basis of consolidation
The consolidated financial statements
include the results, cash flows and
assets and liabilities of the Group and
its subsidiaries. Details of the Group\u2019s
subsidiaries at 30 June 2026 are set out
on page 173.
Subsidiaries are all entities over which the
Group has control. The Group controls
an entity where the Group is exposed to,
or has rights to, variable returns from its
involvement with the entity and has the
ability to affect those returns through its
power to direct the activities of the entity.
The Group\u2019s results, cash flows and assets
and liabilities include those of each of its
subsidiaries from the date on which the
Group obtains control until such time as
the Group loses control.
Intra-group balances and transactions, and
any unrealised gains and losses arising from
intra-group transactions, are eliminated
on consolidation. Consistent accounting
policies are adopted across the Group.
Business combinations
A business combination is a transaction
or other event in which the Group obtains
control of one or more businesses. Business
combinations are accounted for using the
acquisition method.
Goodwill arising in a business combination
represents the excess of the sum of the
consideration transferred, the amount of
any non-controlling interest in the acquired
business and, in a business combination
achieved in stages, the fair value at the
acquisition date of the Group\u2019s previously
held equity interest, over the net total of
the identifiable assets and liabilities of the
acquired business at the acquisition date.
If the identifiable assets and liabilities of the
acquired business exceed the aggregate of
the consideration transferred, the amount of
any non-controlling interest in the business
and the fair value at the acquisition date
of any previously held equity interest, the
excess is recognised as a gain in profit or
loss. The fair value of assets and liabilities
can be revised up to twelve months
following the date of acquisition.
Consideration transferred in a business
combination represents the sum of the fair
values at the acquisition date of the assets
given, liabilities incurred or assumed and
equity instruments issued by the Group
in exchange for control over the acquired
business.
Acquisition-related costs are charged to
profit or loss in the year in which they are
incurred.
Changes in the amount of contingent
consideration payable that result from
events after the acquisition date, such as
meeting a revenue or profit target, are not
measurement period adjustments and are,
therefore, recognised in profit or loss.
Any non-controlling interest in the
acquired business is measured either at fair
value or at the non-controlling interest\u2019s
proportionate share of the identifiable
assets and liabilities of the business.
Changes in the Group\u2019s ownership interest
in a subsidiary that do not result in a loss of
control are accounted for within equity.
If the Group loses control of a subsidiary,
it derecognises the assets and liabilities and
related equity components of the subsidiary
and measures any investment retained in
the former subsidiary at its fair value at the
date when control is lost. Any gain or loss
on a loss of control is recognised in profit
or loss.
Foreign currency translation
The Group\u2019s presentational currency
is Pound Sterling. At an entity level,
transactions in foreign currencies are
translated into the entity\u2019s functional
currency at the exchange rate ruling at the
date of the transaction. Monetary assets and
liabilities denominated in foreign currencies
are translated at the exchange rate ruling at
the balance sheet date. Currency translation
differences arising at entity level are
recognised in profit or loss.
On consolidation, the results of foreign operations are translated into Pound Sterling at the average exchange rate for the year and their assets and liabilities are translated into Pound Sterling at the exchange rate ruling at the balance sheet date. Currency translation differences arising on consolidation are recognised in other comprehensive income and taken to the currency translation reserve. In the event that a foreign operation is sold, the gain or loss on disposal recognised in profit or loss is determined after taking into account the cumulative currency translation differences arising on consolidation of the operation subsequent to the adoption of IFRS. In the cash flow statement, the cash flows of foreign operations are translated into Sterling at the average exchange rate for the year . Revenue Revenue from contracts with customers from the sale of goods is measured at the invoiced amount, net of sales rebates, discounts, value added tax and other sales taxes. Revenue is recognised on the transfer of the control of goods upon delivery of the goods to the customer when the significant risks and rewards of ownership are passed to the customer and when all contractual performance obligations have been met. Accruals for sales rebates and discounts are established at the time of sale based on management\u2019s judgement of the amounts payable under the contractual arrangements with the customer. The estimated rebates or discounts payable do not contain significant estimates as they are mostly contractually driven and are based on, amongst other things, expected sales to the customer during the period to which the rebate or discount relates, historical experience and market information.
The type of rebates and discounts given by
the Group include:
\u2022 volume-related rebates for achieving
sales targets within a set period; and
\u2022 promotional, marketing and other
allowances to support specific
promotional pricing discounts, in-store
displays and cost reimbursement.
At 30 June 2026, the carrying amount of
accruals relating to rebates and discounts
amounted to \u00a32.4 million (2025: \u00a32.5m).
Rebates equate to less than 1.0% (2025:
less than 1.0%) of revenue and are not
considered to be a critical judgement.
There is an element of judgement applied
to the level of future achieved sales within
volume-related rebates.
Payment is typically due 60 days after
despatch. The Group has an obligation for
returns due to damages and recognises a
credit note provision and corresponding
adjustment to revenue.
The Group acts as an agent in some
jurisdictions in relation to environmental
taxes collected from customers and paid
to third parties. There is no impact to the
consolidated income statement for the
collection and payment of these taxes.
Exceptional items
Exceptional items are material either
individually or, if of a similar type, in
aggregate and which, due to their nature
or the infrequency of the events giving
rise to them, are presented separately to
assist users of the financial statements
in assessing the underlying trading
performance and trends of the Group\u2019s
businesses either year on year or with
other businesses.
Examples of exceptional items include, but
are not limited to, the following:
\u2022 costs arising from significant
restructuring projects deemed to
be of sufficient scale and impact to
fundamental business reshaping;
\u2022 restructuring and other expenses relating
to the integration of an acquired business
and related expenses for reconfiguration
of the Group\u2019s activities;
\u2022 impairment of current and non-current
assets;
\u2022 gains/losses on disposals of businesses;
\u2022 acquisition-related costs, including
adviser fees incurred for significant
transactions, and adjustments to the fair
values of assets and liabilities that result
in non-recurring charges to the income
statement; and
\u2022 costs arising because of material and
non-recurring regulatory and litigation
matters.
Borrowing costs
Borrowing costs directly attributable to
the construction of a manufacturing or
distribution facility are capitalised as part
of the cost of the facility if, at the outset
of construction, the facility was expected
to take a substantial period of time to get
ready for its intended use.
Costs attributable to the arrangement of
term borrowing facilities are amortised over
the life of those facilities.
All other borrowing costs are recognised in
profit or loss in the year in which they are
incurred.
Goodwill
Goodwill arising in a business combination
is recognised as an intangible asset and
is allocated to the cash-generating unit
(CGU) or group of CGUs that are expected
to benefit from the synergies of the
acquisition.
Goodwill is not amortised but is tested for
impairment annually and whenever there
are events or changes in circumstances that
indicate that its carrying amount may not
be recoverable.
Goodwill is carried at cost less any
recognised impairment losses. Impairment
charges are recognised in administrative
expenses.
Other intangible assets
Other intangible assets are stated at cost
less accumulated amortisation and any
recognised impairment loss. Amortisation
is recognised in administrative expenses.
Assets under development are not
amortised.
(i) Assets acquired in business
combinations
An intangible resource acquired in a
business combination is recognised as an
intangible asset if it is separable from the
acquired business or arises from contractual
or legal rights.
An acquired intangible asset with a definite
useful life is amortised on a straight-line
basis so as to charge its fair value at the
date of acquisition to profit or loss over its
expected useful life as follows:
Patents, brands
and trademarks \u2013 up to five years
Customer relationships \u2013 up to eight years
(ii) Product development costs
All research expenditure is charged to profit
or loss in the year in which it is incurred.
Development expenditure is charged
to profit or loss in the year in which
it is incurred unless it relates to the
development of a new or significantly
improved product or process whose
technical and commercial feasibility is
proven at the time of development and
therefore capitalised as an intangible asset.
Development expenditure is measured at
cost and amortised on a straight-line basis
over the expected useful life, which is in the
range of three to five years.
(iii) Computer software
Computer software and software licences
are recognised as intangible assets
measured at cost and are amortised on
a straight-line basis over their expected
useful lives, which are in the range of three
to five years.
Directly attributable costs that are
capitalised as part of computer software
include the related software development
employee costs.
Property, plant and equipment
Property, plant and equipment is stated at
cost less accumulated depreciation and any
recognised impairment losses.
Cost includes the original purchase price
of the asset and the costs attributable to
bringing the asset to its working condition
for its intended use by management.
Freehold land and freehold buildings
are presented as land and buildings.
Freehold land and payments on account
and assets in the course of construction
are not depreciated. Otherwise, property,
plant and equipment is depreciated on a
straight-line basis so as to charge its cost,
less any residual value, to profit or loss
over the expected useful life of the asset
as follows:
Freehold buildings \u2013 50 years
Plant and equipment \u2013 three to ten years
Property, plant and equipment acquired
in a business combination is depreciated
on a straight-line basis so as to charge its
fair value at the date of acquisition, less
any residual value, to profit or loss over the
remaining expected useful life of the asset.
Right-of-use assets
The Group recognises right-of-use assets at
the commencement date of the lease (i.e. the
date the underlying asset is available for use).
Right-of-use assets are measured at cost, less
any accumulated depreciation and impairment
losses, and adjusted for any remeasurement
of lease liabilities. The cost of right-of-use
assets includes the amount of lease liabilities
recognised, initial direct costs incurred, and
lease payments made on or before the
commencement date less any lease incentives
received. Unless the Group is reasonably
certain to obtain ownership of the leased asset
at the end of the lease term, the recognised
right-of-use assets are depreciated on a
straight-line basis over the shorter of its
estimated useful life and the lease term.
Right-of-use assets are subject to impairment.
Lease liabilities
The Group recognises lease liabilities
measured at the present value of lease
payments to be made over the lease term.
The lease payments include fixed payments
(including in-substance fixed payments),
variable lease payments that depend on
an index or a rate, amounts expected to be
paid under residual value guarantees, less
any lease incentives receivable.
In determining the relevant cash flows within
a contract for each lease component, the
Group has made use of the practical expedient
available under IFRS 16 not to separate
non-lease components from lease components,
and instead accounts for each lease
component and any associated non-lease
components as a single lease component.
The lease payments also include the
exercise price of a purchase option
reasonably certain to be exercised by the
Group and payments of penalties for
terminating a lease, if the lease term reflects
the Group exercising the option to terminate.
The variable lease payments that do not
depend on an index or a rate are recognised
as an expense in the year in which the event
or condition that triggers the payment
occurs.
In calculating the present value of lease
payments, the Group uses the incremental
borrowing rate at the lease commencement
date if the interest rate implicit in the
lease is not readily determinable. After
the commencement date, the amount
of lease liabilities is increased to reflect
the accretion of interest and reduced for
the lease payments made. In addition,
the carrying amount of lease liabilities
is remeasured if there is a modification,
a change in the lease term, a change in
the in-substance fixed lease payments
or a change in the assessment to
purchase the underlying asset.
The Group determines the lease term as the
non-cancellable term of the lease, together
with any periods covered by an option to
extend the lease if it is reasonably certain
to be exercised, or any periods covered
by an option to terminate the lease, if it is
reasonably certain not to be exercised.
Short-term leases and leases of
low-value assets
The Group applies the short-term lease
recognition exemption to its short-term
leases of machinery and equipment
(i.e. those leases that have a lease
term of twelve months or less from the
commencement date and do not contain a
purchase option). It also applies the lease
of low-value assets recognition exemption
to leases of office equipment that are
considered of low value (i.e. below \u00a35,000).
Lease payments on short-term leases and
leases of low-value assets are recognised as
an expense on a straight-line basis over the
lease term.
Impairment of non-financial assets
Goodwill, other intangible assets and
property, plant and equipment are
tested for impairment whenever events
or circumstances indicate that their
carrying amounts may not be recoverable.
Additionally, goodwill is subject to an annual
impairment test whether or not there are
any indicators of impairment.
An asset is impaired to the extent that its
carrying amount exceeds its recoverable
amount, which represents the higher of the
asset\u2019s value-in-use and its fair value less
costs of disposal. An asset\u2019s value-in-use
represents the present value of the future
cash flows expected to be derived from the
continued use of the asset. Fair value less
costs of disposal is the amount obtainable
from the sale of the asset in an arm\u2019s length
transaction between knowledgeable, willing
parties, less the costs of disposal.
Where it is not possible to estimate the
recoverable amount of an individual asset,
the recoverable amount is determined for
the cash-generating unit (CGU) to which
the asset belongs. An asset\u2019s CGU is the
smallest group of assets that includes
the asset and generates cash inflows
that are largely independent of the cash
inflows from other assets or groups of
assets. Goodwill does not generate cash
flows independently of other assets and
is, therefore, tested for impairment at the
level of the CGU or group of CGUs to which
it is allocated.
Value-in-use is based on estimates of
pre-tax cash flows discounted at a pre-tax
discount rate that reflects the risks specific
to the CGU to which the asset belongs.
Where necessary, impairment of
non-financial assets other than goodwill
is recognised before goodwill is tested for
impairment.
When goodwill is tested for impairment and
the carrying amount of the CGU or group
of CGUs to which it is allocated exceeds
its recoverable amount, the impairment
is allocated first to reduce the carrying
amount of the goodwill and then to the
other non-financial assets belonging to the
CGU or group of CGUs pro-rata on the basis
of their respective carrying amounts.
Impairment losses are recognised in profit
or loss. Impairment losses recognised
in previous years for assets other than
goodwill are reversed if there has
been a change in the estimates used
to determine the asset\u2019s recoverable
amount, but only to the extent that
the carrying amount of the asset does
not exceed its carrying amount had no
impairment been recognised in previous
years. Impairment losses recognised in
respect of goodwill cannot be reversed.
Inventories
Inventories are stated at the lower of cost
and net realisable value with due allowance
for any excess, obsolete or slow-moving
items. Cost represents the expenditure
incurred in bringing each product to its
present location and condition. The cost
of raw materials is measured on a first-in,
first-out (FIFO) basis. The cost of finished
goods and work in progress comprises the
cost of raw materials, direct labour and
other direct costs, together with related
production overheads based on normal
operating capacity. Net realisable value is
the estimated selling price less estimated
costs of completion and estimated selling
and distribution costs.
Financial instruments
The Group classifies its financial assets in
the following categories:
\u2022 those to be measured subsequently
at fair value (either through other
comprehensive income (OCI) or through
profit or loss); and
\u2022 those to be measured at amortised cost.
The classification depends on the Group\u2019s
business model for managing the financial
assets and the contractual terms of the cash
flows. For assets measured at fair value,
gains and losses will either be recorded in
profit or loss or OCI.
The Group reclassifies debt instruments
when, and only when, its business model for
managing those instruments changes.
At initial recognition, the Group measures
a financial asset at its fair value plus, in the
case of a financial asset not at fair value
through profit or loss (FVPL), transaction
costs that are directly attributable to
the acquisition of the financial asset.
Transaction costs of financial assets carried
at FVPL are expensed in profit or loss.
Financial assets with embedded derivatives
are considered in their entirety when
determining whether their cash flows are
solely payment of principal and interest.
Subsequent measurement of debt
instruments depends on the Group\u2019s
business model for managing the
instrument and its cash flow characteristics.
There are three measurement categories
into which the Group classifies its debt
instruments:
\u2022 amortised cost: Assets that are held
for collection of contractual cash flows
where those cash flows represent solely
payments of principal and interest are
measured at amortised cost. Interest
income from these financial assets is
included in finance income using the
effective interest rate method. Any
gain or loss arising on derecognition
is recognised directly in profit or loss
and presented in other gains/(losses)
together with foreign exchange gains
and losses.
Impairment losses are presented as a separate line item in the statement of profit or loss. The Group assesses on a forward-looking basis the expected credit losses (ECLs) associated with its debt instruments carried at amortised cost. The impairment methodology applied depends on whether there has been a significant increase in credit risk. ECLs are recognised in two stages. For credit exposures for which there has not been a significant increase in credit risk since initial recognition, ECLs are provided for credit losses that result from default events that are possible within the next twelve months (a twelve-month ECL). For those credit exposures for which there has been a significant increase in credit risk since initial recognition, a loss allowance is required for credit losses expected over the remaining life of the exposure, irrespective of the timing of the default (a lifetime ECL); \u2022 fair value through other comprehensive income (FVOCI): Assets that are held for collection of contractual cash flows and for selling the financial assets, where the assets\u2019 cash flows represent solely payments of principal and interest, are measured at FVOCI. Movements in the carrying amount are taken through OCI, except for the recognition of impairment gains or losses, interest income and foreign exchange gains and losses which are recognised in profit or loss. When the financial asset is derecognised, the cumulative gain or loss previously recognised in OCI is reclassified from equity to profit or loss and recognised in other gains/(losses). Interest income from these financial assets is included in finance income using the effective interest rate method. Foreign exchange gains and losses are presented in other gains/(losses) and impairment expenses are presented as a separate line item in the statement of profit or loss; and
\u2022 fair value through profit or loss (FVPL):
Assets that do not meet the criteria
for amortised cost or FVOCI are
measured at FVPL. A gain or loss on a
debt investment that is subsequently
measured at FVPL is recognised in profit
or loss and presented net within other
gains/(losses) in the year in which it
arises.
(i) Trade and other receivables
Trade and other receivables are recognised
initially at fair value and subsequently
measured at amortised cost using the
effective interest method, less provision for
impairment. Under the Group\u2019s business
model, trade and other receivables are held
for collection of contractual cash flows and
represent solely payments of principal and
interest. A provision for impairment of trade
receivables is established based on the
expected credit loss.
For trade receivables and contract assets,
the Group applies the IFRS 9 simplified
approach in calculating ECLs. Therefore,
the Group does not track changes in
credit risk, but instead recognises a loss
allowance based on lifetime ECLs at each
reporting date. The Group has established
a provision matrix that is based on shared
credit risk characteristics, its historical
credit loss experience and days past
due, adjusted for forward-looking factors
specific to the debtors and the economic
environment. The amount of the provision is
recognised in the balance sheet within trade
receivables. Movements in the provision are
recognised in the profit and loss account in
administrative expenses.
(ii) Cash and cash equivalents
Cash and cash equivalents comprise cash
in hand, deposits available on demand and
other short-term, highly liquid investments
with a maturity on acquisition of three
months or less and bank overdrafts.
Bank overdrafts are presented as current
liabilities to the extent that there is no right
of offset or intention to offset with cash
balances.
(iii) Trade payables
Trade payables are initially recognised
at fair value and subsequently held at
amortised cost.
(iv) Bank and other loans
Bank and other loans are initially
recognised at fair value, net of directly
attributable transaction costs, if any, and are
subsequently measured at amortised cost
using the effective interest rate method.
Invoice discounting
The Group utilises a number of invoice
discounting facilities to provide working
capital. Under these arrangements,
trade receivables are sold to a finance
provider in exchange for an advance of a
percentage of the invoice value. The Group
retains responsibility for the collection
of receivables and bears the credit risk
of customer default. The facilities are
accounted for as a secured loan, with the
advance received recognised as a liability
under borrowings. Trade receivables remain
on the balance sheet until settled by the
customer. Finance charges are calculated
based on the outstanding balance of the
advance and are expensed as incurred.
(v) Net debt
Net debt comprises cash and cash
equivalents, overdrafts, bank and other
loans and lease liabilities, as defined in
note 30.
(vi) Derivative financial instruments
The Group uses derivative financial
instruments, principally forward currency
contracts and interest rate derivatives, to
reduce its exposure to exchange rate and
interest rate movements. The Group does
not hold or issue derivatives for speculative
purposes.
Derivative financial instruments are
recognised as assets and liabilities
measured at their fair values at the balance
sheet date. Changes in their fair values
are recognised in profit or loss. Derivative
financial instruments are, therefore, likely to
cause volatility in profit or loss in situations
where the hedged item is not recognised in
the financial statements or is recognised but
its carrying amount is not adjusted to reflect
fair value changes arising from the hedged
risk, or is so adjusted but that adjustment is
not recognised in profit or loss. Provided the
conditions specified by IFRS 9, \u2018Financial
Instruments\u2019 are met, hedge accounting
may be used to mitigate this volatility in
profit or loss.
Derivative financial instruments are
classified as current assets or liabilities
unless they are in a designated hedging
relationship and the hedge item is classified
as a non-current asset or liability. Derivative
financial instruments that are not in a
designated hedging relationship are
classified as FVPL.
(vii) Offsetting financial instruments
Financial assets and liabilities are offset
and the net amount reported in the balance
sheet where there is a legally enforceable
right to offset the recognised amounts, and
there is an intention to settle on a net basis
or realise the asset and settle the liability
simultaneously.
Hedge accounting
For a hedging relationship to qualify for
hedge accounting, it must be documented
on inception together with the Group\u2019s risk
management objective and strategy for
initiating the hedge, and it must both be
expected to be highly effective in offsetting
the changes in cash flows or fair value
attributed to the hedged risk and actually
be highly effective in doing so. When hedge
accounting is used, the hedging relationship
is classified as a cash flow hedge or a net
investment hedge.
When forward contracts are used to hedge
forecast transactions, the Group generally
designates the change in the fair value of
the forward contract related to both the
spot component and forward element
as the hedging instrument. For option
contracts, the change in the fair value of the
option contract related to the intrinsic value
is designated as the hedging instrument.
The time value of money is treated as the
cost of hedging.
(i) Cash flow hedge
Hedging relationships are classified as cash
flow hedges where the hedging instrument
hedges exposure to variability in cash flows
that is attributable either to a particular
risk associated with a recognised asset
or liability (such as interest payments
on variable rate debt), a highly probable
forecast transaction (such as forecast
revenue) or a firm commitment that could
affect profit or loss.
Where a hedging relationship is classified
as a cash flow hedge, to the extent that
the hedge is effective, the change in the
fair value of the hedging instrument is
recognised in other comprehensive income
rather than in profit or loss. The gain or
loss relating to the ineffective portion is
recognised immediately in profit and loss.
When the hedged item affects profit or loss
(for example, when a forecast sale that is
hedged takes place), the cumulative gain
or loss recognised in other comprehensive
income is transferred to profit or loss.
When a forecast transaction that has been
hedged results in the recognition of a
non-financial asset (for example, inventory),
the cumulative gain or loss recognised in
other comprehensive income is transferred
from equity as an adjustment to the cost of
the asset.
When a hedging instrument expires or is
sold, or when a hedge no longer meets the
criteria for hedge accounting, any cumulative
gain or loss existing in equity at that time
remains in equity and is recognised when
the forecast transaction is ultimately
recognised in the income statement. When
a forecast transaction is no longer expected
to occur, the cumulative gain or loss that
was reported in equity is immediately
transferred to the income statement.
(ii) Net investment hedge
A net investment hedge is the hedge of
the currency exposure on the retranslation
of the Group\u2019s net investment in a foreign
operation. Net investment hedges are
accounted for similarly to cash flow hedges.
Changes in the fair value of the hedging
instrument are, to the extent that the
hedge is effective, recognised in other
comprehensive income. In the event that
the foreign operation is disposed of, the
cumulative gain or loss recognised in other
comprehensive income is transferred to
profit or loss and included in the gain or
loss on disposal of the foreign operation.
Pensions and other
post-employment benefits
Post-employment benefits principally
comprise pension benefits provided to
employees in the UK and Continental
Europe. The Group operates both defined
benefit and defined contribution pension
schemes.
(i) Defined contribution schemes
Under a defined contribution pension scheme,
the Group makes fixed contributions to a
separate pension fund. The amount of
pension that the employee will receive on
retirement is dependent entirely on the
investment performance of the Fund and the
Group has no obligation with regard to the
future pension values received by employees.
Payments to defined contribution schemes
are recognised in profit or loss in the year
in which they fall due. To the extent defined
contribution scheme contributions are
due but unpaid, amounts outstanding are
recognised in other payables.
(ii) Defined benefit schemes
Under a defined benefit pension scheme,
the amount of pension that an employee
will receive on retirement is fixed based
on factors such as pensionable salary,
years of service and age on retirement.
In most cases, the schemes are funded
by contributions from the Group and the
participating employees. The Group is
obliged to make additional contributions if
the Fund has insufficient assets to meet its
obligation to pay accrued pension benefits.
Actuarial valuations of the defined benefit
schemes are carried out annually at the
balance sheet date by independent qualified
actuaries. Scheme assets are measured at
their fair value at the balance sheet date.
Benefit obligations are measured on an
actuarial basis using the projected unit
credit method and are discounted using
the market yields on high-quality corporate
bonds at the balance sheet date.
The defined benefit liability or asset
recognised in the balance sheet comprises
the difference between the present value
of the benefit obligations and the fair value
of the scheme assets. Where a scheme is in
surplus, the asset recognised is limited to
the present value of any amounts that the
Group expects to recover by way of refunds
or a reduction in future contributions.
Defined benefit schemes are recognised
in profit or loss by way of the service cost
and the net interest cost on the benefit
obligation. The service cost represents the
increase in the present value of the benefit
obligation relating to additional years
of service accrued during the year, less
employee contributions.
Gains or losses on curtailments or settlements
are recognised in profit or loss in the year in
which the curtailment or settlement occurs.
Actuarial gains and losses are recognised in
other comprehensive income in the year in
which they occur.
Share-based payments
The Group operates share schemes
under which it grants equity-settled
and cash-settled awards over ordinary
shares in the Company to certain of
its employees. The Group recognises a
compensation expense that is based on
the fair value of the awards measured using
the Black-Scholes option pricing formula
or the Monte Carlo valuation model.
For equity-settled awards, the fair value
reflects market performance conditions
and all non-vesting conditions. Fair value
is determined at the grant date and is
not subsequently remeasured unless the
relevant conditions are modified.
Adjustments are made to the compensation
expense to reflect actual and expected
forfeitures due to failure to satisfy service
conditions or non-market performance
conditions. For cash-settled awards at each
reporting date, the estimate of the number
of options that are expected to vest is
revised based on the non-market vesting
and service conditions.
Generally, the compensation expense is
recognised on a straight-line basis over the
vesting period. For equity-settled awards,
a corresponding credit is recognised in
equity while for cash-settled awards at each
reporting date, a corresponding liability to
settle is recognised in the balance sheet.
In the event of the cancellation of an
equity-settled award, the compensation
expense that would have been recognised
over the remainder of the vesting period is
recognised immediately in profit or loss.
Provisions
A provision is a liability of uncertain timing
or amount and is generally recognised when
the Group has a present obligation (legal or
constructive) as a result of a past event, it is
probable that a payment will be required to
settle the obligation and the payment can
be estimated reliably.
Provision is made for restructuring costs
when a detailed formal plan for the
restructuring has been determined and the
plan has been communicated to the parties
that may be affected by it. Gains from the
expected disposal of assets are not taken
into account in measuring restructuring
provisions and provision is not made for
future operating losses.
At 30 June 2026, the Group held provisions
amounting to \u00a33.9 million (2025: \u00a34.3m),
which principally represented claims,
reorganisation and restructuring costs and
environmental remediation provisions.
Adjustment to the amounts recognised
would arise if it becomes necessary to revise
the assumptions and estimates on which
the provisions are based, if circumstances
change such that contingent liabilities must
be recognised or if management becomes
aware of obligations that are currently
unknown.
Provisions are discounted where the effect
of the time value of money is material.
Contingent liabilities
The Group recognises provisions for
liabilities when it is more likely than not
that a settlement will be required and
the value of such a payment can be
reliably estimated. There are a number of
contingent liabilities that arise in the normal
course of business which, if realised, are not
expected to result in a material liability to
the Group.
At 30 June 2026, the Group had contingent
liabilities amounting to \u00a3nil (2025: \u00a3nil).
Taxation
Current tax is the amount of tax payable or
recoverable in respect of the taxable profit
or loss for the year. Taxable profit differs
from accounting profit because it excludes
income or expenses that are recognised in
the year for accounting purposes but are
either not taxable or not deductible for tax
purposes or are taxable or deductible in
earlier or subsequent years. Current tax is
calculated using tax rates that have been
enacted or substantively enacted at the
balance sheet date.
Deferred tax is tax expected to be payable
or recoverable on differences between the
carrying amount of an asset or liability and
its tax base used in calculating taxable
profit. Deferred tax is accounted for using
the liability method, whereby deferred tax
liabilities are generally recognised for all
taxable temporary differences and deferred
tax assets are recognised to the extent
that it is probable that taxable profits will
be available in the future against which
the deductible temporary differences may
be utilised.
Deferred tax assets and liabilities are not
recognised if the temporary difference
arises from the initial recognition of
goodwill or from the initial recognition of
other assets and liabilities in a transaction
other than a business combination that
affects neither accounting profit nor
taxable profit.
Deferred tax is provided on temporary
differences arising on investments in foreign
subsidiaries, except where the Group is able
to control the reversal of the temporary
difference and it is probable that it will not
reverse in the foreseeable future.
Deferred tax is calculated using the enacted
or substantively enacted tax rates that
are expected to apply when the asset is
recovered or the liability is settled.
Current tax assets and liabilities are offset
when there is a legally enforceable right
to set off the amounts and management
intends to settle on a net basis. Deferred
tax assets and liabilities are offset where
there is a legally enforceable right to set
off current tax assets and liabilities and the
deferred tax assets and liabilities relate to
income taxes levied by the same taxation
authority on the same taxable entity.
Current tax and deferred tax is recognised
in profit or loss unless it relates to an item
that is recognised in the same or a different
year outside profit or loss, in which case
it too is recognised outside profit or loss,
either in other comprehensive income or
directly in equity.
Where there is uncertainty as to whether
treatments in the tax return will be accepted
by a taxation authority, the judgements
and estimates made in recognising and
measuring the uncertainty are based on
information available at the time. The Group
reassesses these judgements and estimates
if the facts and circumstances change or
new information becomes available.
This may include, but is not restricted
to, examination by a taxation authority,
implicit or explicit acceptance by a taxation
authority of a particular tax treatment, the
expiry of the taxation authority\u2019s right to
examine or re-examine a tax treatment and
changes in legislation.
Payments to shareholders
Dividends paid and received are included
in the Company financial statements in
the year in which the related dividends are
actually paid or received or, in respect of
the Company\u2019s final dividend for the year,
approved by shareholders.
It is the Board\u2019s intention that any future
dividends will be final dividends paid
annually in cash, not by the allotment
and issue of B Shares. Consequently, the
Board is not seeking shareholder approval
at the 2026 AGM to capitalise reserves
for the purposes of issuing B Shares or to
grant Directors the authority to allot such
shares. Existing B Shares will continue to be
redeemable but limited to one redemption
date in November of each year. B Shares
issued but not redeemed are classified as
current liabilities.
Own shares
Own shares represent the Company\u2019s
ordinary shares that are held by the
Company in treasury or by a sponsored
Employee Share Ownership Plan (ESOP)
trust in relation to the Group\u2019s employee
share schemes. When own shares are
acquired, the cost of purchase in the market
is deducted from equity. Gains or losses
on the subsequent transfer or sale of own
shares are also recognised in equity.
New accounting standards and
interpretations
The following standards and amendments
were effective for periods beginning on
or after 1 January 2025, and as such, have
been applied in these financial statements.
The Group has not early adopted any other
standard or interpretation that is issued but
not yet effective.
\u2022 Amendments to IAS 21, \u2018Lack of
Exchangeability\u2019: to add requirements
to help entities to determine whether
a currency is exchangeable into another
currency, and the spot exchange rate
to use when it is not.
New accounting standards and
interpretations issued but not yet
effective
The new and amended standards and
interpretations that are issued, but not yet
effective, up to the date of issuance of the
Group\u2019s financial statements are disclosed
below.
The Group intends to adopt these new and
amended standards and interpretations, if
applicable, when they become effective.
\u2022 Amendments to IFRS 9, \u2018Financial
Instruments\u2019 and IFRS 7, \u2018Financial
Instruments: Disclosures\u2019, amendments
to the classification and measurement
of financial instruments: to respond to
recent questions arising in practice,
and to include new requirements not
only for financial institutions but also
for corporate entities \u2013 effective for
annual periods beginning on or after
1 January 2026.
\u2022 IFRS 18, \u2018Presentation and Disclosure in
Financial Statements\u2019: a new standard
on presentation and disclosure in
financial statements, which replaces
IAS 1, \u2018Presentation of Financial
Statements\u2019, with a focus on updates to
the statement of profit or loss \u2013 effective
for annual periods beginning on or after
1 January 2027.
\u2022 IFRS 19, \u2018Subsidiaries without Public
Accountability: Disclosures\u2019: an eligible
subsidiary applies the requirements in
other IFRS accounting standards except
for the disclosure requirements; and it
applies instead the reduced disclosure
requirements in IFRS 19 \u2013 effective for
annual periods beginning on or after
1 January 2027.
\u2022 Annual improvements to IFRS \u2013 Volume
11: annual changes that either clarify
the wording in an accounting standard
or correct relatively minor unintended
consequences, oversights or conflicts
between the requirements in the
accounting standards \u2013 effective for
annual periods beginning on or after
1 January 2026.
Due to the nature of the reporting and
classification changes involved, once
effective, IFRS 18 is expected to have a
significant impact on the way in which the
Group reports its consolidated financial
statements and accompanying notes. The
Group continues to review the impact of
IFRS 18 and prepare for its implementation.
None of the other aforementioned
amendments are expected to have a
significant impact on the Group; however,
the Group will continue to consider
these and any additional amendments,
interpretations and new standards to
identify potential future impact.
Critical accounting judgements and
key sources of estimation uncertainty
In applying the Company\u2019s accounting
policies as described in this note, the
Directors are required to make judgements,
estimates and assumptions that affect
the application of accounting policies and
the reported assets, liabilities, income and
expenses that are not readily identifiable
from other sources. The estimates and
associated assumptions are based on
historical experience and other factors
that are considered to be relevant, including
expectations of future events that might
have a financial impact on the Company
and that are believed to be reasonable
under the circumstances.
Actual outcomes could differ from those
estimates and affect the Company\u2019s results
in future years.
The estimates and underlying assumptions
are reviewed on an ongoing basis.
Revisions to accounting estimates are
recognised in the period in which the
estimate is revised if the revision affects
only that period, or in the period of the
revision and future periods if the revision
affects both current and future periods.
The Directors have carefully considered the
accounting implications of the following
developments in their review of critical
judgements, estimates and assumptions:
\u2022 Impacts of high inflation and interest
rates: Companies continue to experience
the effect of high inflation and interest
rates, which impact all aspects of the
business including increasing costs such
as raw materials and wages, changes
in customer behaviour and credit risk,
negotiations of contract terms and
investment and financing decisions.
\u2022 Climate change: The impact of ESG
matters, specifically focused on the
effect of climate change, both from a
qualitative and quantitative perspective,
continues to impact companies.
\u2022 Global conflicts and sanctions:
Global conflicts and the imposition of
international sanctions continue to have
a pervasive economic impact worldwide
and particularly where businesses
engage in economic activities that might
be affected by recent developments in
these areas.
Critical judgements
(i) Determination of cash-generating
units (CGUs)
A CGU is the smallest group of assets that
generates cash inflows that are largely
independent of the cash inflows from other
assets or groups of assets. Impairment
testing requires management to determine
the net discounted cash flows expected
to arise from a CGU. Management has
determined that the Group\u2019s CGUs align
with the operating reportable segments,
or divisions, being Liquids, Unit Dosing,
Powders, Aerosols and Asia Pacific.
In the case of the first four divisions,
segmentation is based on product
technologies. For Asia Pacific, segmentation
is based on location of both operations
and the market served. The judgement
applied in determining the Group\u2019s CGUs
concerns the level at which cash flows
arise independently from other areas
of the business.
Whilst each division is made up of a number
of operational sites based in different
locations, sites within a division act as a
network to create a product offering for all
customers of that division. Therefore, cash
flows arising at any particular site within a
division have a level of dependence upon
other assets within the division as a whole.
Furthermore, divisional leadership teams
develop strategies for the division as a
whole and are accountable to deliver
them, including driving best practices and
performance across the whole division and
developing new products at a divisional
level based on specialist product format
knowledge. Sales and marketing teams also
operate at a divisional level.
Key sources of estimation uncertainty
(i) Pensions and other
post-employment benefits
Under IAS 19, \u2018Employee benefits\u2019, the cost
of defined benefit schemes is determined
based on actuarial valuations that are
carried out annually at the balance sheet
date. Actuarial valuations are dependent
on assumptions about the future that are
made by the Directors on the advice of
independent qualified actuaries.
If actual experience differs from these
assumptions, there could be a material
change in the amounts recognised by the
Group in respect of defined benefit schemes
in the next financial year.
At 30 June 2026, the present value of
defined benefit obligations in relation
to the UK scheme was \u00a396.2 million
(2025: \u00a397.8m). It was calculated using a
number of assumptions, including future
Consumer Price Index rate changes,
increases to pension benefits and mortality
rates. The present value of the benefit
obligation is calculated by discounting the
benefit obligation using market yields on
high-quality corporate bonds at the balance
sheet date.
At 30 June 2026, the fair value of the
scheme assets of the UK scheme was
\u00a378.1 million (2025: \u00a374.8m). The scheme
assets consist largely of securities and
managed funds whose values are subject
to fluctuation in response to changes in
market conditions.
A portion of unquoted investments have
valuations which precede the reporting
date and where the valuations have been
adjusted for cash movements between the
last valuation date and 30 June 2026, using
the valuation approach and inputs as at the
last valuation date.
Changes in the actuarial assumptions
underlying the benefit obligation, changes
in the discount rate applicable to the
benefit obligation and effects of differences
between the expected and actual return
on the scheme\u2019s assets are classified
as actuarial gains and losses and are
recognised in other comprehensive income.
During 2026, the Group recognised a net
actuarial gain of \u00a31.2 million (2025: loss
of \u00a31.2m).
An analysis of the assumptions that will
be used by the Directors to determine the
cost of the defined benefit scheme that
will be recognised in profit or loss in the
next financial year and the sensitivity of the
benefit obligation to key assumptions is
presented in note 22.
(ii) Taxation
Judgements and estimates are required
in order to determine the appropriate
amount of tax provided for issues under
dispute with taxation authorities and for
tax matters which are considered uncertain
and on which it is probable that a future
tax liability will arise. The amount provided
is management\u2019s best estimate of the tax
liability taking into consideration external
advice, known outcomes on similar tax
treatments and experience of tax authority
custom and practice.
At 30 June 2026, the Group reviewed
its exposure for ongoing tax audits and
uncertain tax treatments and made a
provision of \u00a30.8 million (2025: \u00a30.9m),
in line with IFRIC 23 requirements.
The Group operates across a number of
jurisdictions and tax risk can arise in relation
to the pricing of cross-border transactions.
Transfer pricing is inherently subjective
and in determining the appropriate level
of provision, the Group considers the
probability of a range of outcomes, using
a weighted average methodology to focus
risk on the most likely outcomes in the
event of a tax audit. The amount provided
also takes account of international dispute
resolution mechanisms, where available,
to mitigate double taxation. This analysis
is reassessed at each year end and the
estimates refined as additional information
becomes available. The provision for
uncertain tax positions has reduced from
that held in the prior year mainly due to
expiries in the statute of limitations.
The Group believes it has made adequate
provision for the liabilities likely to arise
from years which are open and not yet
agreed by tax authorities. The ultimate
liability for such matters may vary from
the amounts provided however and
is dependent upon the outcome of
agreements with relevant tax authorities,
dispute resolution processes in the relevant
jurisdictions or litigation where appropriate.
The Group has tax losses and other
deductible temporary differences that have
the potential to reduce future tax liabilities.
Deferred tax assets are recognised to the
extent that recovery is probable against
the future reversal of taxable temporary
differences and projected taxable income.
At 30 June 2026, the Group recognised
deferred tax assets of \u00a341.2 million (2025:
\u00a338.2m), including \u00a325.8 million (2025:
\u00a323.3m) in respect of tax losses. Deferred
tax assets amounting to \u00a37.5 million (2025:
\u00a37.5m) were not recognised in respect of
tax losses and tax credits carried forward.
The profit projections used to estimate
deferred tax asset recoverability are the
same as those used to assess the carrying
value of goodwill and the estimate is
therefore sensitive to the same factors
as those set out in note 12. Management
estimates that a reduction in the perpetual
growth rate to 0.0% would not result in an
impairment of the deferred tax asset.
The Group has applied the Pillar Two
income taxes exemption in IAS 12, so neither
recognises nor discloses information about
deferred tax assets and liabilities related to
Pillar Two income taxes.
", "dimensions": { "concept": "ifrs-full:DisclosureOfMaterialAccountingPolicyInformationExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-530": { "value": "Basis of preparation The consolidated financial statements on pages 114 to 164 have been prepared on the going concern basis in accordance with UK-adopted International Accounting Standards and with the requirements of the Companies Act 2006 as applicable to companies reporting under those standards. The financial statements have been prepared under the historical cost convention, modified in respect of the revaluation to fair value of financial assets and liabilities (derivative financial instruments) either through other comprehensive income or profit or loss, assets held for sale and defined benefit pension scheme assets. A summary of the material accounting policies is set out below. The accounting policies that follow set out those policies that apply in preparing the financial statements for the year ended 30 June 2026 and the Group and Company have applied the same policies throughout the year. ", "dimensions": { "concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-579": { "value": "The consolidated financial statements on pages 114 to 164 have been prepared on the going concern basis in accordance with UK-adopted International Accounting Standards and with the requirements of the Companies Act 2006 as applicable to companies reporting under those standards. The financial statements have been prepared under the historical cost convention, modified in respect of the revaluation to fair value of financial assets and liabilities (derivative financial instruments) either through other comprehensive income or profit or loss, assets held for sale and defined benefit pension scheme assets. ", "dimensions": { "concept": "ifrs-full:StatementOfIFRSCompliance", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-531": { "value": "Going concern The Group\u2019s business activities, together with the factors likely to affect its future development, performance and position, are set out in the Strategic Report. The financial position of the Group, its cash flows, liquidity position and borrowing facilities are described in the CFO\u2019s Report on pages 19 to 21. In addition, notes 20 and 21 include the Group\u2019s objectives, policies and processes for managing its capital; its financial risk management objectives; details of its financial instruments and hedging activities; and its exposures to credit and liquidity risks. The Group meets its funding requirements through internal cash generation and bank credit facilities. At 30 June 2026, liquidity, as defined in note 30, amounted to \u00a3167.6 million. The Group\u2019s base case forecasts are based on the Board-approved budget and three-year plan. They indicate sufficient liquidity, debt cover and interest cover throughout the going concern review period to ensure compliance with current banking covenants. The Group\u2019s base case scenario assumes: \u2022 average revenue growth of c.4% per annum (from 2027 to 2029), driven predominantly by volume increases; \u2022 raw material input costs growing at levels consistent with expected revenue growth; \u2022 interest rates reducing in line with current market expectations; and \u2022 a Sterling to Euro exchange rate of \u00a31:\u20ac1.15. The Directors have considered the Group\u2019s principal risks with the highest likelihood of occurrence or the severest impact, and the adverse effect this would have on the Group\u2019s financial forecasts. Changing market, customer and consumer dynamics could adversely impact revenue growth. Lack of supply chain resilience influences raw material and packaging input costs. Economic, political and macro environment instability potentially affects both revenue growth and input costs, in addition to market interest rates and foreign exchange rates. Considering these risks, a severe but plausible downside scenario to stress test the Group\u2019s financial forecasts has been modelled, with the following assumptions: \u2022 a 5% year-on-year reduction in revenue in 2027; \u2022 revenue growth reducing to 1% in 2028 and 2029, being half of the Group\u2019s long-term target of 2%; \u2022 an increase in raw material and packaging input costs compared to latest forecasts; \u2022 interest rates increasing by 100 basis points; and \u2022 Sterling appreciating significantly against the Euro to \u00a31:\u20ac1.25. In the event that such a severe but plausible downside risk scenario occurs, the Group would remain compliant with current banking covenants. After reviewing the current liquidity position and financial forecasts, stress testing for potential risks and considering the uncertainties described above, and based on the currently committed funding facilities, the Directors have a reasonable expectation that the Group has sufficient resources to continue in operational existence and without significant curtailment of operations for the foreseeable future. For these reasons, the Directors continue to adopt the going concern basis of accounting in preparing the Group financial statements. ", "dimensions": { "concept": "ifrs-full:DisclosureOfGoingConcernExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-532": { "value": "Segmental reporting Operating segments are reported in a manner consistent with the internal reporting provided to the chief operating decision maker. The Board of McBride plc assesses the financial performance and position of the Group and makes strategic decisions. Therefore, the Board of McBride plc has been identified as the chief operating decision maker. Financial information is presented to the Board by product technology for the purposes of allocating resources within the Group and assessing the performance of the Group\u2019s businesses. There are five separately managed and accountable business divisions: \u2022 Liquids; \u2022 Unit Dosing; \u2022 Powders; \u2022 Aerosols; and \u2022 Asia Pacific. Intra-group revenue from the sale of products is agreed and reconciled between the relevant customer-facing units and eliminated in the segmental presentation that is presented to the Board and therefore excluded from the reported figures. Most overhead costs are directly attributed within the respective divisions\u2019 income statements. Central overheads are allocated to a reportable segment proportionally using an appropriate cost driver and include costs of certain Group functions (mostly associated with financial disciplines such as treasury). Corporate costs are reported separately and include the costs associated with the Board and the Executive Leadership Team, governance and being a listed company. Exceptional items are detailed in note 4 and are not allocated to the reportable segments as this reflects how they are reported to the Board. Finance expense and income are not allocated to the reportable segments, as the Group Treasury function manages this activity, together with the overall net debt position of the Group. The Board uses adjusted operating profit to measure the profitability of the Group\u2019s businesses. Adjusted operating profit is, therefore, the measure of segment profit presented in the Group\u2019s segment disclosures. Adjusted operating profit represents operating profit before specific items that are considered to hinder comparison of the trading performance of the Group\u2019s businesses either year on year or with other businesses. During the years under review, the items excluded from operating profit in arriving at adjusted operating profit were the amortisation of intangible assets and exceptional items. Adjusted operating profit is not defined under IFRS and is therefore termed a non-GAAP measure. The rationale for using this measure, along with a reconciliation from the nearest measures prepared in accordance with IFRS, is discussed in alternative performance measures on page 163. Segment information is presented in note 3. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-533": { "value": "Basis of consolidation The consolidated financial statements include the results, cash flows and assets and liabilities of the Group and its subsidiaries. Details of the Group\u2019s subsidiaries at 30 June 2026 are set out on page 173. Subsidiaries are all entities over which the Group has control. The Group controls an entity where the Group is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power to direct the activities of the entity. The Group\u2019s results, cash flows and assets and liabilities include those of each of its subsidiaries from the date on which the Group obtains control until such time as the Group loses control. Intra-group balances and transactions, and any unrealised gains and losses arising from intra-group transactions, are eliminated on consolidation. Consistent accounting policies are adopted across the Group. ", "dimensions": { "concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-618": { "value": "Business combinations A business combination is a transaction or other event in which the Group obtains control of one or more businesses. Business combinations are accounted for using the acquisition method. Goodwill arising in a business combination represents the excess of the sum of the consideration transferred, the amount of any non-controlling interest in the acquired business and, in a business combination achieved in stages, the fair value at the acquisition date of the Group\u2019s previously held equity interest, over the net total of the identifiable assets and liabilities of the acquired business at the acquisition date. If the identifiable assets and liabilities of the acquired business exceed the aggregate of the consideration transferred, the amount of any non-controlling interest in the business and the fair value at the acquisition date of any previously held equity interest, the excess is recognised as a gain in profit or loss. The fair value of assets and liabilities can be revised up to twelve months following the date of acquisition. Consideration transferred in a business combination represents the sum of the fair values at the acquisition date of the assets given, liabilities incurred or assumed and equity instruments issued by the Group in exchange for control over the acquired business. Acquisition-related costs are charged to profit or loss in the year in which they are incurred. Changes in the amount of contingent consideration payable that result from events after the acquisition date, such as meeting a revenue or profit target, are not measurement period adjustments and are, therefore, recognised in profit or loss. Any non-controlling interest in the acquired business is measured either at fair value or at the non-controlling interest\u2019s proportionate share of the identifiable assets and liabilities of the business. Changes in the Group\u2019s ownership interest in a subsidiary that do not result in a loss of control are accounted for within equity. If the Group loses control of a subsidiary, it derecognises the assets and liabilities and related equity components of the subsidiary and measures any investment retained in the former subsidiary at its fair value at the date when control is lost. Any gain or loss on a loss of control is recognised in profit or loss. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-580": { "value": "Business combinations A business combination is a transaction or other event in which the Group obtains control of one or more businesses. Business combinations are accounted for using the acquisition method. Goodwill arising in a business combination represents the excess of the sum of the consideration transferred, the amount of any non-controlling interest in the acquired business and, in a business combination achieved in stages, the fair value at the acquisition date of the Group\u2019s previously held equity interest, over the net total of the identifiable assets and liabilities of the acquired business at the acquisition date. If the identifiable assets and liabilities of the acquired business exceed the aggregate of the consideration transferred, the amount of any non-controlling interest in the business and the fair value at the acquisition date of any previously held equity interest, the excess is recognised as a gain in profit or loss. The fair value of assets and liabilities can be revised up to twelve months following the date of acquisition. Consideration transferred in a business combination represents the sum of the fair values at the acquisition date of the assets given, liabilities incurred or assumed and equity instruments issued by the Group in exchange for control over the acquired business. Acquisition-related costs are charged to profit or loss in the year in which they are incurred. Changes in the amount of contingent consideration payable that result from events after the acquisition date, such as meeting a revenue or profit target, are not measurement period adjustments and are, therefore, recognised in profit or loss. Any non-controlling interest in the acquired business is measured either at fair value or at the non-controlling interest\u2019s proportionate share of the identifiable assets and liabilities of the business. Changes in the Group\u2019s ownership interest in a subsidiary that do not result in a loss of control are accounted for within equity. If the Group loses control of a subsidiary, it derecognises the assets and liabilities and related equity components of the subsidiary and measures any investment retained in the former subsidiary at its fair value at the date when control is lost. Any gain or loss on a loss of control is recognised in profit or loss. Goodwill Goodwill arising in a business combination is recognised as an intangible asset and is allocated to the cash-generating unit (CGU) or group of CGUs that are expected to benefit from the synergies of the acquisition. Goodwill is not amortised but is tested for impairment annually and whenever there are events or changes in circumstances that indicate that its carrying amount may not be recoverable. Goodwill is carried at cost less any recognised impairment losses. Impairment charges are recognised in administrative expenses. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForGoodwillExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-534": { "value": "Business combinations A business combination is a transaction or other event in which the Group obtains control of one or more businesses. Business combinations are accounted for using the acquisition method. Goodwill arising in a business combination represents the excess of the sum of the consideration transferred, the amount of any non-controlling interest in the acquired business and, in a business combination achieved in stages, the fair value at the acquisition date of the Group\u2019s previously held equity interest, over the net total of the identifiable assets and liabilities of the acquired business at the acquisition date. If the identifiable assets and liabilities of the acquired business exceed the aggregate of the consideration transferred, the amount of any non-controlling interest in the business and the fair value at the acquisition date of any previously held equity interest, the excess is recognised as a gain in profit or loss. The fair value of assets and liabilities can be revised up to twelve months following the date of acquisition. Consideration transferred in a business combination represents the sum of the fair values at the acquisition date of the assets given, liabilities incurred or assumed and equity instruments issued by the Group in exchange for control over the acquired business. Acquisition-related costs are charged to profit or loss in the year in which they are incurred. Changes in the amount of contingent consideration payable that result from events after the acquisition date, such as meeting a revenue or profit target, are not measurement period adjustments and are, therefore, recognised in profit or loss. Any non-controlling interest in the acquired business is measured either at fair value or at the non-controlling interest\u2019s proportionate share of the identifiable assets and liabilities of the business. Changes in the Group\u2019s ownership interest in a subsidiary that do not result in a loss of control are accounted for within equity. If the Group loses control of a subsidiary, it derecognises the assets and liabilities and related equity components of the subsidiary and measures any investment retained in the former subsidiary at its fair value at the date when control is lost. Any gain or loss on a loss of control is recognised in profit or loss. Goodwill Goodwill arising in a business combination is recognised as an intangible asset and is allocated to the cash-generating unit (CGU) or group of CGUs that are expected to benefit from the synergies of the acquisition. Goodwill is not amortised but is tested for impairment annually and whenever there are events or changes in circumstances that indicate that its carrying amount may not be recoverable. Goodwill is carried at cost less any recognised impairment losses. Impairment charges are recognised in administrative expenses. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsAndGoodwillExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-581": { "value": "Foreign currency translation The Group\u2019s presentational currency is Pound Sterling. At an entity level, transactions in foreign currencies are translated into the entity\u2019s functional currency at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the balance sheet date. Currency translation differences arising at entity level are recognised in profit or loss.
On consolidation, the results of foreign
operations are translated into Pound
Sterling at the average exchange rate for
the year and their assets and liabilities
are translated into Pound Sterling at the
exchange rate ruling at the balance sheet
date. Currency translation differences
arising on consolidation are recognised in
other comprehensive income and taken to
the currency translation reserve.
In the event that a foreign operation is sold,
the gain or loss on disposal recognised in
profit or loss is determined after taking into
account the cumulative currency translation
differences arising on consolidation of
the operation subsequent to the adoption
of IFRS.
In the cash flow statement, the cash flows
of foreign operations are translated into
Sterling at the average exchange rate for
the year .
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-535": { "value": "Foreign currency translation The Group\u2019s presentational currency is Pound Sterling. At an entity level, transactions in foreign currencies are translated into the entity\u2019s functional currency at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the balance sheet date. Currency translation differences arising at entity level are recognised in profit or loss. On consolidation, the results of foreign operations are translated into Pound Sterling at the average exchange rate for the year and their assets and liabilities are translated into Pound Sterling at the exchange rate ruling at the balance sheet date. Currency translation differences arising on consolidation are recognised in other comprehensive income and taken to the currency translation reserve. In the event that a foreign operation is sold, the gain or loss on disposal recognised in profit or loss is determined after taking into account the cumulative currency translation differences arising on consolidation of the operation subsequent to the adoption of IFRS. In the cash flow statement, the cash flows of foreign operations are translated into Sterling at the average exchange rate for the year ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-536": { "value": "
Revenue
Revenue from contracts with customers from
the sale of goods is measured at the invoiced
amount, net of sales rebates, discounts,
value added tax and other sales taxes.
Revenue is recognised on the transfer of
the control of goods upon delivery of the
goods to the customer when the significant
risks and rewards of ownership are passed
to the customer and when all contractual
performance obligations have been met.
Accruals for sales rebates and discounts
are established at the time of sale based on
management\u2019s judgement of the amounts
payable under the contractual arrangements
with the customer.
The estimated rebates or discounts payable
do not contain significant estimates as
they are mostly contractually driven
and are based on, amongst other things,
expected sales to the customer during
the period to which the rebate or discount
relates, historical experience and market
information.
The type of rebates and discounts given by the Group include: \u2022 volume-related rebates for achieving sales targets within a set period; and \u2022 promotional, marketing and other allowances to support specific promotional pricing discounts, in-store displays and cost reimbursement. At 30 June 2026, the carrying amount of accruals relating to rebates and discounts amounted to \u00a32.4 million (2025: \u00a32.5m). Rebates equate to less than 1.0% (2025: less than 1.0%) of revenue and are not considered to be a critical judgement. There is an element of judgement applied to the level of future achieved sales within volume-related rebates. Payment is typically due 60 days after despatch. The Group has an obligation for returns due to damages and recognises a credit note provision and corresponding adjustment to revenue. The Group acts as an agent in some jurisdictions in relation to environmental taxes collected from customers and paid to third parties. There is no impact to the consolidated income statement for the collection and payment of these taxes. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-537": { "value": "Exceptional items Exceptional items are material either individually or, if of a similar type, in aggregate and which, due to their nature or the infrequency of the events giving rise to them, are presented separately to assist users of the financial statements in assessing the underlying trading performance and trends of the Group\u2019s businesses either year on year or with other businesses. Examples of exceptional items include, but are not limited to, the following: \u2022 costs arising from significant restructuring projects deemed to be of sufficient scale and impact to fundamental business reshaping; \u2022 restructuring and other expenses relating to the integration of an acquired business and related expenses for reconfiguration of the Group\u2019s activities; \u2022 impairment of current and non-current assets; \u2022 gains/losses on disposals of businesses; \u2022 acquisition-related costs, including adviser fees incurred for significant transactions, and adjustments to the fair values of assets and liabilities that result in non-recurring charges to the income statement; and \u2022 costs arising because of material and non-recurring regulatory and litigation matters. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForExceptionalItemsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-538": { "value": "Borrowing costs Borrowing costs directly attributable to the construction of a manufacturing or distribution facility are capitalised as part of the cost of the facility if, at the outset of construction, the facility was expected to take a substantial period of time to get ready for its intended use. Costs attributable to the arrangement of term borrowing facilities are amortised over the life of those facilities. All other borrowing costs are recognised in profit or loss in the year in which they are incurred. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForBorrowingCostsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-619": { "value": "Goodwill Goodwill arising in a business combination is recognised as an intangible asset and is allocated to the cash-generating unit (CGU) or group of CGUs that are expected to benefit from the synergies of the acquisition. Goodwill is not amortised but is tested for impairment annually and whenever there are events or changes in circumstances that indicate that its carrying amount may not be recoverable. Goodwill is carried at cost less any recognised impairment losses. Impairment charges are recognised in administrative expenses. Other intangible assets Other intangible assets are stated at cost less accumulated amortisation and any recognised impairment loss. Amortisation is recognised in administrative expenses. Assets under development are not amortised. (i) Assets acquired in business combinations An intangible resource acquired in a business combination is recognised as an intangible asset if it is separable from the acquired business or arises from contractual or legal rights. An acquired intangible asset with a definite useful life is amortised on a straight-line basis so as to charge its fair value at the date of acquisition to profit or loss over its expected useful life as follows: Patents, brands and trademarks \u2013 up to five years Customer relationships \u2013 up to eight years (ii) Product development costs All research expenditure is charged to profit or loss in the year in which it is incurred. Development expenditure is charged to profit or loss in the year in which it is incurred unless it relates to the development of a new or significantly improved product or process whose technical and commercial feasibility is proven at the time of development and therefore capitalised as an intangible asset. Development expenditure is measured at cost and amortised on a straight-line basis over the expected useful life, which is in the range of three to five years. (iii) Computer software Computer software and software licences are recognised as intangible assets measured at cost and are amortised on a straight-line basis over their expected useful lives, which are in the range of three to five years. Directly attributable costs that are capitalised as part of computer software include the related software development employee costs. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-539": { "value": "Other intangible assets Other intangible assets are stated at cost less accumulated amortisation and any recognised impairment loss. Amortisation is recognised in administrative expenses. Assets under development are not amortised. (i) Assets acquired in business combinations An intangible resource acquired in a business combination is recognised as an intangible asset if it is separable from the acquired business or arises from contractual or legal rights. An acquired intangible asset with a definite useful life is amortised on a straight-line basis so as to charge its fair value at the date of acquisition to profit or loss over its expected useful life as follows: Patents, brands and trademarks \u2013 up to five years Customer relationships \u2013 up to eight years (ii) Product development costs All research expenditure is charged to profit or loss in the year in which it is incurred. Development expenditure is charged to profit or loss in the year in which it is incurred unless it relates to the development of a new or significantly improved product or process whose technical and commercial feasibility is proven at the time of development and therefore capitalised as an intangible asset. Development expenditure is measured at cost and amortised on a straight-line basis over the expected useful life, which is in the range of three to five years. (iii) Computer software Computer software and software licences are recognised as intangible assets measured at cost and are amortised on a straight-line basis over their expected useful lives, which are in the range of three to five years. Directly attributable costs that are capitalised as part of computer software include the related software development employee costs. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-582": { "value": "Property, plant and equipment Property, plant and equipment is stated at cost less accumulated depreciation and any recognised impairment losses. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use by management. Freehold land and freehold buildings are presented as land and buildings. Freehold land and payments on account and assets in the course of construction are not depreciated. Otherwise, property, plant and equipment is depreciated on a straight-line basis so as to charge its cost, less any residual value, to profit or loss over the expected useful life of the asset as follows: Freehold buildings \u2013 50 years Plant and equipment \u2013 three to ten years Property, plant and equipment acquired in a business combination is depreciated on a straight-line basis so as to charge its fair value at the date of acquisition, less any residual value, to profit or loss over the remaining expected useful life of the asset. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-540": { "value": "Property, plant and equipment Property, plant and equipment is stated at cost less accumulated depreciation and any recognised impairment losses. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use by management. Freehold land and freehold buildings are presented as land and buildings. Freehold land and payments on account and assets in the course of construction are not depreciated. Otherwise, property, plant and equipment is depreciated on a straight-line basis so as to charge its cost, less any residual value, to profit or loss over the expected useful life of the asset as follows: Freehold buildings \u2013 50 years Plant and equipment \u2013 three to ten years Property, plant and equipment acquired in a business combination is depreciated on a straight-line basis so as to charge its fair value at the date of acquisition, less any residual value, to profit or loss over the remaining expected useful life of the asset. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-541": { "value": "Right-of-use assets The Group recognises right-of-use assets at the commencement date of the lease (i.e. the date the underlying asset is available for use). Right-of-use assets are measured at cost, less any accumulated depreciation and impairment losses, and adjusted for any remeasurement of lease liabilities. The cost of right-of-use assets includes the amount of lease liabilities recognised, initial direct costs incurred, and lease payments made on or before the commencement date less any lease incentives received. Unless the Group is reasonably certain to obtain ownership of the leased asset at the end of the lease term, the recognised right-of-use assets are depreciated on a straight-line basis over the shorter of its estimated useful life and the lease term. Right-of-use assets are subject to impairment. Lease liabilities The Group recognises lease liabilities measured at the present value of lease payments to be made over the lease term. The lease payments include fixed payments (including in-substance fixed payments), variable lease payments that depend on an index or a rate, amounts expected to be paid under residual value guarantees, less any lease incentives receivable. In determining the relevant cash flows within a contract for each lease component, the Group has made use of the practical expedient available under IFRS 16 not to separate non-lease components from lease components, and instead accounts for each lease component and any associated non-lease components as a single lease component. The lease payments also include the exercise price of a purchase option reasonably certain to be exercised by the Group and payments of penalties for terminating a lease, if the lease term reflects the Group exercising the option to terminate. The variable lease payments that do not depend on an index or a rate are recognised as an expense in the year in which the event or condition that triggers the payment occurs. In calculating the present value of lease payments, the Group uses the incremental borrowing rate at the lease commencement date if the interest rate implicit in the lease is not readily determinable. After the commencement date, the amount of lease liabilities is increased to reflect the accretion of interest and reduced for the lease payments made. In addition, the carrying amount of lease liabilities is remeasured if there is a modification, a change in the lease term, a change in the in-substance fixed lease payments or a change in the assessment to purchase the underlying asset. The Group determines the lease term as the non-cancellable term of the lease, together with any periods covered by an option to extend the lease if it is reasonably certain to be exercised, or any periods covered by an option to terminate the lease, if it is reasonably certain not to be exercised. Short-term leases and leases of low-value assets The Group applies the short-term lease recognition exemption to its short-term leases of machinery and equipment (i.e. those leases that have a lease term of twelve months or less from the commencement date and do not contain a purchase option). It also applies the lease of low-value assets recognition exemption to leases of office equipment that are considered of low value (i.e. below \u00a35,000). Lease payments on short-term leases and leases of low-value assets are recognised as an expense on a straight-line basis over the lease term. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-583": { "value": "Impairment of non-financial assets Goodwill, other intangible assets and property, plant and equipment are tested for impairment whenever events or circumstances indicate that their carrying amounts may not be recoverable. Additionally, goodwill is subject to an annual impairment test whether or not there are any indicators of impairment. An asset is impaired to the extent that its carrying amount exceeds its recoverable amount, which represents the higher of the asset\u2019s value-in-use and its fair value less costs of disposal. An asset\u2019s value-in-use represents the present value of the future cash flows expected to be derived from the continued use of the asset. Fair value less costs of disposal is the amount obtainable from the sale of the asset in an arm\u2019s length transaction between knowledgeable, willing parties, less the costs of disposal. Where it is not possible to estimate the recoverable amount of an individual asset, the recoverable amount is determined for the cash-generating unit (CGU) to which the asset belongs. An asset\u2019s CGU is the smallest group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. Goodwill does not generate cash flows independently of other assets and is, therefore, tested for impairment at the level of the CGU or group of CGUs to which it is allocated. Value-in-use is based on estimates of pre-tax cash flows discounted at a pre-tax discount rate that reflects the risks specific to the CGU to which the asset belongs. Where necessary, impairment of non-financial assets other than goodwill is recognised before goodwill is tested for impairment. When goodwill is tested for impairment and the carrying amount of the CGU or group of CGUs to which it is allocated exceeds its recoverable amount, the impairment is allocated first to reduce the carrying amount of the goodwill and then to the other non-financial assets belonging to the CGU or group of CGUs pro-rata on the basis of their respective carrying amounts. Impairment losses are recognised in profit or loss. Impairment losses recognised in previous years for assets other than goodwill are reversed if there has been a change in the estimates used to determine the asset\u2019s recoverable amount, but only to the extent that the carrying amount of the asset does not exceed its carrying amount had no impairment been recognised in previous years. Impairment losses recognised in respect of goodwill cannot be reversed. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-542": { "value": "Impairment of non-financial assets Goodwill, other intangible assets and property, plant and equipment are tested for impairment whenever events or circumstances indicate that their carrying amounts may not be recoverable. Additionally, goodwill is subject to an annual impairment test whether or not there are any indicators of impairment. An asset is impaired to the extent that its carrying amount exceeds its recoverable amount, which represents the higher of the asset\u2019s value-in-use and its fair value less costs of disposal. An asset\u2019s value-in-use represents the present value of the future cash flows expected to be derived from the continued use of the asset. Fair value less costs of disposal is the amount obtainable from the sale of the asset in an arm\u2019s length transaction between knowledgeable, willing parties, less the costs of disposal. Where it is not possible to estimate the recoverable amount of an individual asset, the recoverable amount is determined for the cash-generating unit (CGU) to which the asset belongs. An asset\u2019s CGU is the smallest group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. Goodwill does not generate cash flows independently of other assets and is, therefore, tested for impairment at the level of the CGU or group of CGUs to which it is allocated. Value-in-use is based on estimates of pre-tax cash flows discounted at a pre-tax discount rate that reflects the risks specific to the CGU to which the asset belongs. Where necessary, impairment of non-financial assets other than goodwill is recognised before goodwill is tested for impairment. When goodwill is tested for impairment and the carrying amount of the CGU or group of CGUs to which it is allocated exceeds its recoverable amount, the impairment is allocated first to reduce the carrying amount of the goodwill and then to the other non-financial assets belonging to the CGU or group of CGUs pro-rata on the basis of their respective carrying amounts. Impairment losses are recognised in profit or loss. Impairment losses recognised in previous years for assets other than goodwill are reversed if there has been a change in the estimates used to determine the asset\u2019s recoverable amount, but only to the extent that the carrying amount of the asset does not exceed its carrying amount had no impairment been recognised in previous years. Impairment losses recognised in respect of goodwill cannot be reversed. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-543": { "value": "Inventories Inventories are stated at the lower of cost and net realisable value with due allowance for any excess, obsolete or slow-moving items. Cost represents the expenditure incurred in bringing each product to its present location and condition. The cost of raw materials is measured on a first-in, first-out (FIFO) basis. The cost of finished goods and work in progress comprises the cost of raw materials, direct labour and other direct costs, together with related production overheads based on normal operating capacity. Net realisable value is the estimated selling price less estimated costs of completion and estimated selling and distribution costs. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-584": { "value": "Financial instruments The Group classifies its financial assets in the following categories: \u2022 those to be measured subsequently at fair value (either through other comprehensive income (OCI) or through profit or loss); and \u2022 those to be measured at amortised cost. The classification depends on the Group\u2019s business model for managing the financial assets and the contractual terms of the cash flows. For assets measured at fair value, gains and losses will either be recorded in profit or loss or OCI. The Group reclassifies debt instruments when, and only when, its business model for managing those instruments changes. At initial recognition, the Group measures a financial asset at its fair value plus, in the case of a financial asset not at fair value through profit or loss (FVPL), transaction costs that are directly attributable to the acquisition of the financial asset. Transaction costs of financial assets carried at FVPL are expensed in profit or loss. Financial assets with embedded derivatives are considered in their entirety when determining whether their cash flows are solely payment of principal and interest. Subsequent measurement of debt instruments depends on the Group\u2019s business model for managing the instrument and its cash flow characteristics. There are three measurement categories into which the Group classifies its debt instruments: \u2022 amortised cost: Assets that are held for collection of contractual cash flows where those cash flows represent solely payments of principal and interest are measured at amortised cost. Interest income from these financial assets is included in finance income using the effective interest rate method. Any gain or loss arising on derecognition is recognised directly in profit or loss and presented in other gains/(losses) together with foreign exchange gains and losses. Impairment losses are presented as a separate line item in the statement of profit or loss. The Group assesses on a forward-looking basis the expected credit losses (ECLs) associated with its debt instruments carried at amortised cost. The impairment methodology applied depends on whether there has been a significant increase in credit risk. ECLs are recognised in two stages. For credit exposures for which there has not been a significant increase in credit risk since initial recognition, ECLs are provided for credit losses that result from default events that are possible within the next twelve months (a twelve-month ECL). For those credit exposures for which there has been a significant increase in credit risk since initial recognition, a loss allowance is required for credit losses expected over the remaining life of the exposure, irrespective of the timing of the default (a lifetime ECL); \u2022 fair value through other comprehensive income (FVOCI): Assets that are held for collection of contractual cash flows and for selling the financial assets, where the assets\u2019 cash flows represent solely payments of principal and interest, are measured at FVOCI. Movements in the carrying amount are taken through OCI, except for the recognition of impairment gains or losses, interest income and foreign exchange gains and losses which are recognised in profit or loss. When the financial asset is derecognised, the cumulative gain or loss previously recognised in OCI is reclassified from equity to profit or loss and recognised in other gains/(losses). Interest income from these financial assets is included in finance income using the effective interest rate method. Foreign exchange gains and losses are presented in other gains/(losses) and impairment expenses are presented as a separate line item in the statement of profit or loss; and \u2022 fair value through profit or loss (FVPL): Assets that do not meet the criteria for amortised cost or FVOCI are measured at FVPL. A gain or loss on a debt investment that is subsequently measured at FVPL is recognised in profit or loss and presented net within other gains/(losses) in the year in which it arises. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-544": { "value": "Financial instruments The Group classifies its financial assets in the following categories: \u2022 those to be measured subsequently at fair value (either through other comprehensive income (OCI) or through profit or loss); and \u2022 those to be measured at amortised cost. The classification depends on the Group\u2019s business model for managing the financial assets and the contractual terms of the cash flows. For assets measured at fair value, gains and losses will either be recorded in profit or loss or OCI. The Group reclassifies debt instruments when, and only when, its business model for managing those instruments changes. At initial recognition, the Group measures a financial asset at its fair value plus, in the case of a financial asset not at fair value through profit or loss (FVPL), transaction costs that are directly attributable to the acquisition of the financial asset. Transaction costs of financial assets carried at FVPL are expensed in profit or loss. Financial assets with embedded derivatives are considered in their entirety when determining whether their cash flows are solely payment of principal and interest. Subsequent measurement of debt instruments depends on the Group\u2019s business model for managing the instrument and its cash flow characteristics. There are three measurement categories into which the Group classifies its debt instruments: \u2022 amortised cost: Assets that are held for collection of contractual cash flows where those cash flows represent solely payments of principal and interest are measured at amortised cost. Interest income from these financial assets is included in finance income using the effective interest rate method. Any gain or loss arising on derecognition is recognised directly in profit or loss and presented in other gains/(losses) together with foreign exchange gains and losses. Impairment losses are presented as a separate line item in the statement of profit or loss. The Group assesses on a forward-looking basis the expected credit losses (ECLs) associated with its debt instruments carried at amortised cost. The impairment methodology applied depends on whether there has been a significant increase in credit risk. ECLs are recognised in two stages. For credit exposures for which there has not been a significant increase in credit risk since initial recognition, ECLs are provided for credit losses that result from default events that are possible within the next twelve months (a twelve-month ECL). For those credit exposures for which there has been a significant increase in credit risk since initial recognition, a loss allowance is required for credit losses expected over the remaining life of the exposure, irrespective of the timing of the default (a lifetime ECL); \u2022 fair value through other comprehensive income (FVOCI): Assets that are held for collection of contractual cash flows and for selling the financial assets, where the assets\u2019 cash flows represent solely payments of principal and interest, are measured at FVOCI. Movements in the carrying amount are taken through OCI, except for the recognition of impairment gains or losses, interest income and foreign exchange gains and losses which are recognised in profit or loss. When the financial asset is derecognised, the cumulative gain or loss previously recognised in OCI is reclassified from equity to profit or loss and recognised in other gains/(losses). Interest income from these financial assets is included in finance income using the effective interest rate method. Foreign exchange gains and losses are presented in other gains/(losses) and impairment expenses are presented as a separate line item in the statement of profit or loss; and \u2022 fair value through profit or loss (FVPL): Assets that do not meet the criteria for amortised cost or FVOCI are measured at FVPL. A gain or loss on a debt investment that is subsequently measured at FVPL is recognised in profit or loss and presented net within other gains/(losses) in the year in which it arises. (i) Trade and other receivables Trade and other receivables are recognised initially at fair value and subsequently measured at amortised cost using the effective interest method, less provision for impairment. Under the Group\u2019s business model, trade and other receivables are held for collection of contractual cash flows and represent solely payments of principal and interest. A provision for impairment of trade receivables is established based on the expected credit loss. For trade receivables and contract assets, the Group applies the IFRS 9 simplified approach in calculating ECLs. Therefore, the Group does not track changes in credit risk, but instead recognises a loss allowance based on lifetime ECLs at each reporting date. The Group has established a provision matrix that is based on shared credit risk characteristics, its historical credit loss experience and days past due, adjusted for forward-looking factors specific to the debtors and the economic environment. The amount of the provision is recognised in the balance sheet within trade receivables. Movements in the provision are recognised in the profit and loss account in administrative expenses. (ii) Cash and cash equivalents Cash and cash equivalents comprise cash in hand, deposits available on demand and other short-term, highly liquid investments with a maturity on acquisition of three months or less and bank overdrafts. Bank overdrafts are presented as current liabilities to the extent that there is no right of offset or intention to offset with cash balances. (iii) Trade payables Trade payables are initially recognised at fair value and subsequently held at amortised cost. (iv) Bank and other loans Bank and other loans are initially recognised at fair value, net of directly attributable transaction costs, if any, and are subsequently measured at amortised cost using the effective interest rate method. Invoice discounting The Group utilises a number of invoice discounting facilities to provide working capital. Under these arrangements, trade receivables are sold to a finance provider in exchange for an advance of a percentage of the invoice value. The Group retains responsibility for the collection of receivables and bears the credit risk of customer default. The facilities are accounted for as a secured loan, with the advance received recognised as a liability under borrowings. Trade receivables remain on the balance sheet until settled by the customer. Finance charges are calculated based on the outstanding balance of the advance and are expensed as incurred. (v) Net debt Net debt comprises cash and cash equivalents, overdrafts, bank and other loans and lease liabilities, as defined in note 30. (vi) Derivative financial instruments The Group uses derivative financial instruments, principally forward currency contracts and interest rate derivatives, to reduce its exposure to exchange rate and interest rate movements. The Group does not hold or issue derivatives for speculative purposes. Derivative financial instruments are recognised as assets and liabilities measured at their fair values at the balance sheet date. Changes in their fair values are recognised in profit or loss. Derivative financial instruments are, therefore, likely to cause volatility in profit or loss in situations where the hedged item is not recognised in the financial statements or is recognised but its carrying amount is not adjusted to reflect fair value changes arising from the hedged risk, or is so adjusted but that adjustment is not recognised in profit or loss. Provided the conditions specified by IFRS 9, \u2018Financial Instruments\u2019 are met, hedge accounting may be used to mitigate this volatility in profit or loss. Derivative financial instruments are classified as current assets or liabilities unless they are in a designated hedging relationship and the hedge item is classified as a non-current asset or liability. Derivative financial instruments that are not in a designated hedging relationship are classified as FVPL. (vii) Offsetting financial instruments Financial assets and liabilities are offset and the net amount reported in the balance sheet where there is a legally enforceable right to offset the recognised amounts, and there is an intention to settle on a net basis or realise the asset and settle the liability simultaneously. Hedge accounting For a hedging relationship to qualify for hedge accounting, it must be documented on inception together with the Group\u2019s risk management objective and strategy for initiating the hedge, and it must both be expected to be highly effective in offsetting the changes in cash flows or fair value attributed to the hedged risk and actually be highly effective in doing so. When hedge accounting is used, the hedging relationship is classified as a cash flow hedge or a net investment hedge. When forward contracts are used to hedge forecast transactions, the Group generally designates the change in the fair value of the forward contract related to both the spot component and forward element as the hedging instrument. For option contracts, the change in the fair value of the option contract related to the intrinsic value is designated as the hedging instrument. The time value of money is treated as the cost of hedging. (i) Cash flow hedge Hedging relationships are classified as cash flow hedges where the hedging instrument hedges exposure to variability in cash flows that is attributable either to a particular risk associated with a recognised asset or liability (such as interest payments on variable rate debt), a highly probable forecast transaction (such as forecast revenue) or a firm commitment that could affect profit or loss. Where a hedging relationship is classified as a cash flow hedge, to the extent that the hedge is effective, the change in the fair value of the hedging instrument is recognised in other comprehensive income rather than in profit or loss. The gain or loss relating to the ineffective portion is recognised immediately in profit and loss. When the hedged item affects profit or loss (for example, when a forecast sale that is hedged takes place), the cumulative gain or loss recognised in other comprehensive income is transferred to profit or loss. When a forecast transaction that has been hedged results in the recognition of a non-financial asset (for example, inventory), the cumulative gain or loss recognised in other comprehensive income is transferred from equity as an adjustment to the cost of the asset. When a hedging instrument expires or is sold, or when a hedge no longer meets the criteria for hedge accounting, any cumulative gain or loss existing in equity at that time remains in equity and is recognised when the forecast transaction is ultimately recognised in the income statement. When a forecast transaction is no longer expected to occur, the cumulative gain or loss that was reported in equity is immediately transferred to the income statement. (ii) Net investment hedge A net investment hedge is the hedge of the currency exposure on the retranslation of the Group\u2019s net investment in a foreign operation. Net investment hedges are accounted for similarly to cash flow hedges. Changes in the fair value of the hedging instrument are, to the extent that the hedge is effective, recognised in other comprehensive income. In the event that the foreign operation is disposed of, the cumulative gain or loss recognised in other comprehensive income is transferred to profit or loss and included in the gain or loss on disposal of the foreign operation. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-585": { "value": "(i) Trade and other receivables Trade and other receivables are recognised initially at fair value and subsequently measured at amortised cost using the effective interest method, less provision for impairment. Under the Group\u2019s business model, trade and other receivables are held for collection of contractual cash flows and represent solely payments of principal and interest. A provision for impairment of trade receivables is established based on the expected credit loss. For trade receivables and contract assets, the Group applies the IFRS 9 simplified approach in calculating ECLs. Therefore, the Group does not track changes in credit risk, but instead recognises a loss allowance based on lifetime ECLs at each reporting date. The Group has established a provision matrix that is based on shared credit risk characteristics, its historical credit loss experience and days past due, adjusted for forward-looking factors specific to the debtors and the economic environment. The amount of the provision is recognised in the balance sheet within trade receivables. Movements in the provision are recognised in the profit and loss account in administrative expenses. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-586": { "value": "(ii) Cash and cash equivalents Cash and cash equivalents comprise cash in hand, deposits available on demand and other short-term, highly liquid investments with a maturity on acquisition of three months or less and bank overdrafts. Bank overdrafts are presented as current liabilities to the extent that there is no right of offset or intention to offset with cash balances. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-587": { "value": "(iii) Trade payables Trade payables are initially recognised at fair value and subsequently held at amortised cost. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-634": { "value": "(iv) Bank and other loans Bank and other loans are initially recognised at fair value, net of directly attributable transaction costs, if any, and are subsequently measured at amortised cost using the effective interest rate method. Invoice discounting The Group utilises a number of invoice discounting facilities to provide working capital. Under these arrangements, trade receivables are sold to a finance provider in exchange for an advance of a percentage of the invoice value. The Group retains responsibility for the collection of receivables and bears the credit risk of customer default. The facilities are accounted for as a secured loan, with the advance received recognised as a liability under borrowings. Trade receivables remain on the balance sheet until settled by the customer. Finance charges are calculated based on the outstanding balance of the advance and are expensed as incurred. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-620": { "value": "(iv) Bank and other loans Bank and other loans are initially recognised at fair value, net of directly attributable transaction costs, if any, and are subsequently measured at amortised cost using the effective interest rate method. Invoice discounting The Group utilises a number of invoice discounting facilities to provide working capital. Under these arrangements, trade receivables are sold to a finance provider in exchange for an advance of a percentage of the invoice value. The Group retains responsibility for the collection of receivables and bears the credit risk of customer default. The facilities are accounted for as a secured loan, with the advance received recognised as a liability under borrowings. Trade receivables remain on the balance sheet until settled by the customer. Finance charges are calculated based on the outstanding balance of the advance and are expensed as incurred. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-588": { "value": "(iv) Bank and other loans Bank and other loans are initially recognised at fair value, net of directly attributable transaction costs, if any, and are subsequently measured at amortised cost using the effective interest rate method. Invoice discounting The Group utilises a number of invoice discounting facilities to provide working capital. Under these arrangements, trade receivables are sold to a finance provider in exchange for an advance of a percentage of the invoice value. The Group retains responsibility for the collection of receivables and bears the credit risk of customer default. The facilities are accounted for as a secured loan, with the advance received recognised as a liability under borrowings. Trade receivables remain on the balance sheet until settled by the customer. Finance charges are calculated based on the outstanding balance of the advance and are expensed as incurred. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForLoansAndReceivablesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-589": { "value": "(v) Net debt Net debt comprises cash and cash equivalents, overdrafts, bank and other loans and lease liabilities, as defined in note 30. ", "dimensions": { "concept": "mcbrideplc:DescriptionOfAccountingPolicyForNetDebt", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-621": { "value": "(vi) Derivative financial instruments The Group uses derivative financial instruments, principally forward currency contracts and interest rate derivatives, to reduce its exposure to exchange rate and interest rate movements. The Group does not hold or issue derivatives for speculative purposes. Derivative financial instruments are recognised as assets and liabilities measured at their fair values at the balance sheet date. Changes in their fair values are recognised in profit or loss. Derivative financial instruments are, therefore, likely to cause volatility in profit or loss in situations where the hedged item is not recognised in the financial statements or is recognised but its carrying amount is not adjusted to reflect fair value changes arising from the hedged risk, or is so adjusted but that adjustment is not recognised in profit or loss. Provided the conditions specified by IFRS 9, \u2018Financial Instruments\u2019 are met, hedge accounting may be used to mitigate this volatility in profit or loss. Derivative financial instruments are classified as current assets or liabilities unless they are in a designated hedging relationship and the hedge item is classified as a non-current asset or liability. Derivative financial instruments that are not in a designated hedging relationship are classified as FVPL. Hedge accounting For a hedging relationship to qualify for hedge accounting, it must be documented on inception together with the Group\u2019s risk management objective and strategy for initiating the hedge, and it must both be expected to be highly effective in offsetting the changes in cash flows or fair value attributed to the hedged risk and actually be highly effective in doing so. When hedge accounting is used, the hedging relationship is classified as a cash flow hedge or a net investment hedge. When forward contracts are used to hedge forecast transactions, the Group generally designates the change in the fair value of the forward contract related to both the spot component and forward element as the hedging instrument. For option contracts, the change in the fair value of the option contract related to the intrinsic value is designated as the hedging instrument. The time value of money is treated as the cost of hedging. (i) Cash flow hedge Hedging relationships are classified as cash flow hedges where the hedging instrument hedges exposure to variability in cash flows that is attributable either to a particular risk associated with a recognised asset or liability (such as interest payments on variable rate debt), a highly probable forecast transaction (such as forecast revenue) or a firm commitment that could affect profit or loss. Where a hedging relationship is classified as a cash flow hedge, to the extent that the hedge is effective, the change in the fair value of the hedging instrument is recognised in other comprehensive income rather than in profit or loss. The gain or loss relating to the ineffective portion is recognised immediately in profit and loss. When the hedged item affects profit or loss (for example, when a forecast sale that is hedged takes place), the cumulative gain or loss recognised in other comprehensive income is transferred to profit or loss. When a forecast transaction that has been hedged results in the recognition of a non-financial asset (for example, inventory), the cumulative gain or loss recognised in other comprehensive income is transferred from equity as an adjustment to the cost of the asset. When a hedging instrument expires or is sold, or when a hedge no longer meets the criteria for hedge accounting, any cumulative gain or loss existing in equity at that time remains in equity and is recognised when the forecast transaction is ultimately recognised in the income statement. When a forecast transaction is no longer expected to occur, the cumulative gain or loss that was reported in equity is immediately transferred to the income statement. (ii) Net investment hedge A net investment hedge is the hedge of the currency exposure on the retranslation of the Group\u2019s net investment in a foreign operation. Net investment hedges are accounted for similarly to cash flow hedges. Changes in the fair value of the hedging instrument are, to the extent that the hedge is effective, recognised in other comprehensive income. In the event that the foreign operation is disposed of, the cumulative gain or loss recognised in other comprehensive income is transferred to profit or loss and included in the gain or loss on disposal of the foreign operation. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-590": { "value": "(vi) Derivative financial instruments The Group uses derivative financial instruments, principally forward currency contracts and interest rate derivatives, to reduce its exposure to exchange rate and interest rate movements. The Group does not hold or issue derivatives for speculative purposes. Derivative financial instruments are recognised as assets and liabilities measured at their fair values at the balance sheet date. Changes in their fair values are recognised in profit or loss. Derivative financial instruments are, therefore, likely to cause volatility in profit or loss in situations where the hedged item is not recognised in the financial statements or is recognised but its carrying amount is not adjusted to reflect fair value changes arising from the hedged risk, or is so adjusted but that adjustment is not recognised in profit or loss. Provided the conditions specified by IFRS 9, \u2018Financial Instruments\u2019 are met, hedge accounting may be used to mitigate this volatility in profit or loss. Derivative financial instruments are classified as current assets or liabilities unless they are in a designated hedging relationship and the hedge item is classified as a non-current asset or liability. Derivative financial instruments that are not in a designated hedging relationship are classified as FVPL. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-591": { "value": "(vii) Offsetting financial instruments Financial assets and liabilities are offset and the net amount reported in the balance sheet where there is a legally enforceable right to offset the recognised amounts, and there is an intention to settle on a net basis or realise the asset and settle the liability simultaneously. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-592": { "value": "Hedge accounting For a hedging relationship to qualify for hedge accounting, it must be documented on inception together with the Group\u2019s risk management objective and strategy for initiating the hedge, and it must both be expected to be highly effective in offsetting the changes in cash flows or fair value attributed to the hedged risk and actually be highly effective in doing so. When hedge accounting is used, the hedging relationship is classified as a cash flow hedge or a net investment hedge. When forward contracts are used to hedge forecast transactions, the Group generally designates the change in the fair value of the forward contract related to both the spot component and forward element as the hedging instrument. For option contracts, the change in the fair value of the option contract related to the intrinsic value is designated as the hedging instrument. The time value of money is treated as the cost of hedging. (i) Cash flow hedge Hedging relationships are classified as cash flow hedges where the hedging instrument hedges exposure to variability in cash flows that is attributable either to a particular risk associated with a recognised asset or liability (such as interest payments on variable rate debt), a highly probable forecast transaction (such as forecast revenue) or a firm commitment that could affect profit or loss. Where a hedging relationship is classified as a cash flow hedge, to the extent that the hedge is effective, the change in the fair value of the hedging instrument is recognised in other comprehensive income rather than in profit or loss. The gain or loss relating to the ineffective portion is recognised immediately in profit and loss. When the hedged item affects profit or loss (for example, when a forecast sale that is hedged takes place), the cumulative gain or loss recognised in other comprehensive income is transferred to profit or loss. When a forecast transaction that has been hedged results in the recognition of a non-financial asset (for example, inventory), the cumulative gain or loss recognised in other comprehensive income is transferred from equity as an adjustment to the cost of the asset. When a hedging instrument expires or is sold, or when a hedge no longer meets the criteria for hedge accounting, any cumulative gain or loss existing in equity at that time remains in equity and is recognised when the forecast transaction is ultimately recognised in the income statement. When a forecast transaction is no longer expected to occur, the cumulative gain or loss that was reported in equity is immediately transferred to the income statement. (ii) Net investment hedge A net investment hedge is the hedge of the currency exposure on the retranslation of the Group\u2019s net investment in a foreign operation. Net investment hedges are accounted for similarly to cash flow hedges. Changes in the fair value of the hedging instrument are, to the extent that the hedge is effective, recognised in other comprehensive income. In the event that the foreign operation is disposed of, the cumulative gain or loss recognised in other comprehensive income is transferred to profit or loss and included in the gain or loss on disposal of the foreign operation. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForHedgingExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-545": { "value": "Pensions and other post-employment benefits Post-employment benefits principally comprise pension benefits provided to employees in the UK and Continental Europe. The Group operates both defined benefit and defined contribution pension schemes. (i) Defined contribution schemes Under a defined contribution pension scheme, the Group makes fixed contributions to a separate pension fund. The amount of pension that the employee will receive on retirement is dependent entirely on the investment performance of the Fund and the Group has no obligation with regard to the future pension values received by employees. Payments to defined contribution schemes are recognised in profit or loss in the year in which they fall due. To the extent defined contribution scheme contributions are due but unpaid, amounts outstanding are recognised in other payables. (ii) Defined benefit schemes Under a defined benefit pension scheme, the amount of pension that an employee will receive on retirement is fixed based on factors such as pensionable salary, years of service and age on retirement. In most cases, the schemes are funded by contributions from the Group and the participating employees. The Group is obliged to make additional contributions if the Fund has insufficient assets to meet its obligation to pay accrued pension benefits. Actuarial valuations of the defined benefit schemes are carried out annually at the balance sheet date by independent qualified actuaries. Scheme assets are measured at their fair value at the balance sheet date. Benefit obligations are measured on an actuarial basis using the projected unit credit method and are discounted using the market yields on high-quality corporate bonds at the balance sheet date. The defined benefit liability or asset recognised in the balance sheet comprises the difference between the present value of the benefit obligations and the fair value of the scheme assets. Where a scheme is in surplus, the asset recognised is limited to the present value of any amounts that the Group expects to recover by way of refunds or a reduction in future contributions. Defined benefit schemes are recognised in profit or loss by way of the service cost and the net interest cost on the benefit obligation. The service cost represents the increase in the present value of the benefit obligation relating to additional years of service accrued during the year, less employee contributions. Gains or losses on curtailments or settlements are recognised in profit or loss in the year in which the curtailment or settlement occurs. Actuarial gains and losses are recognised in other comprehensive income in the year in which they occur. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-546": { "value": "Share-based payments The Group operates share schemes under which it grants equity-settled and cash-settled awards over ordinary shares in the Company to certain of its employees. The Group recognises a compensation expense that is based on the fair value of the awards measured using the Black-Scholes option pricing formula or the Monte Carlo valuation model. For equity-settled awards, the fair value reflects market performance conditions and all non-vesting conditions. Fair value is determined at the grant date and is not subsequently remeasured unless the relevant conditions are modified. Adjustments are made to the compensation expense to reflect actual and expected forfeitures due to failure to satisfy service conditions or non-market performance conditions. For cash-settled awards at each reporting date, the estimate of the number of options that are expected to vest is revised based on the non-market vesting and service conditions. Generally, the compensation expense is recognised on a straight-line basis over the vesting period. For equity-settled awards, a corresponding credit is recognised in equity while for cash-settled awards at each reporting date, a corresponding liability to settle is recognised in the balance sheet. In the event of the cancellation of an equity-settled award, the compensation expense that would have been recognised over the remainder of the vesting period is recognised immediately in profit or loss. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-547": { "value": "Provisions A provision is a liability of uncertain timing or amount and is generally recognised when the Group has a present obligation (legal or constructive) as a result of a past event, it is probable that a payment will be required to settle the obligation and the payment can be estimated reliably. Provision is made for restructuring costs when a detailed formal plan for the restructuring has been determined and the plan has been communicated to the parties that may be affected by it. Gains from the expected disposal of assets are not taken into account in measuring restructuring provisions and provision is not made for future operating losses. At 30 June 2026, the Group held provisions amounting to \u00a33.9 million (2025: \u00a34.3m), which principally represented claims, reorganisation and restructuring costs and environmental remediation provisions. Adjustment to the amounts recognised would arise if it becomes necessary to revise the assumptions and estimates on which the provisions are based, if circumstances change such that contingent liabilities must be recognised or if management becomes aware of obligations that are currently unknown. Provisions are discounted where the effect of the time value of money is material. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-548": { "value": "Contingent liabilities The Group recognises provisions for liabilities when it is more likely than not that a settlement will be required and the value of such a payment can be reliably estimated. There are a number of contingent liabilities that arise in the normal course of business which, if realised, are not expected to result in a material liability to the Group. At 30 June 2026, the Group had contingent liabilities amounting to \u00a3nil (2025: \u00a3nil). ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForContingentLiabilitiesAndContingentAssetsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-593": { "value": "Taxation Current tax is the amount of tax payable or recoverable in respect of the taxable profit or loss for the year. Taxable profit differs from accounting profit because it excludes income or expenses that are recognised in the year for accounting purposes but are either not taxable or not deductible for tax purposes or are taxable or deductible in earlier or subsequent years. Current tax is calculated using tax rates that have been enacted or substantively enacted at the balance sheet date. Deferred tax is tax expected to be payable or recoverable on differences between the carrying amount of an asset or liability and its tax base used in calculating taxable profit. Deferred tax is accounted for using the liability method, whereby deferred tax liabilities are generally recognised for all taxable temporary differences and deferred tax assets are recognised to the extent that it is probable that taxable profits will be available in the future against which the deductible temporary differences may be utilised. Deferred tax assets and liabilities are not recognised if the temporary difference arises from the initial recognition of goodwill or from the initial recognition of other assets and liabilities in a transaction other than a business combination that affects neither accounting profit nor taxable profit. Deferred tax is provided on temporary differences arising on investments in foreign subsidiaries, except where the Group is able to control the reversal of the temporary difference and it is probable that it will not reverse in the foreseeable future. Deferred tax is calculated using the enacted or substantively enacted tax rates that are expected to apply when the asset is recovered or the liability is settled. Current tax assets and liabilities are offset when there is a legally enforceable right to set off the amounts and management intends to settle on a net basis. Deferred tax assets and liabilities are offset where there is a legally enforceable right to set off current tax assets and liabilities and the deferred tax assets and liabilities relate to income taxes levied by the same taxation authority on the same taxable entity. Current tax and deferred tax is recognised in profit or loss unless it relates to an item that is recognised in the same or a different year outside profit or loss, in which case it too is recognised outside profit or loss, either in other comprehensive income or directly in equity. Where there is uncertainty as to whether treatments in the tax return will be accepted by a taxation authority, the judgements and estimates made in recognising and measuring the uncertainty are based on information available at the time. The Group reassesses these judgements and estimates if the facts and circumstances change or new information becomes available. This may include, but is not restricted to, examination by a taxation authority, implicit or explicit acceptance by a taxation authority of a particular tax treatment, the expiry of the taxation authority\u2019s right to examine or re-examine a tax treatment and changes in legislation. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-549": { "value": "Taxation Current tax is the amount of tax payable or recoverable in respect of the taxable profit or loss for the year. Taxable profit differs from accounting profit because it excludes income or expenses that are recognised in the year for accounting purposes but are either not taxable or not deductible for tax purposes or are taxable or deductible in earlier or subsequent years. Current tax is calculated using tax rates that have been enacted or substantively enacted at the balance sheet date. Deferred tax is tax expected to be payable or recoverable on differences between the carrying amount of an asset or liability and its tax base used in calculating taxable profit. Deferred tax is accounted for using the liability method, whereby deferred tax liabilities are generally recognised for all taxable temporary differences and deferred tax assets are recognised to the extent that it is probable that taxable profits will be available in the future against which the deductible temporary differences may be utilised. Deferred tax assets and liabilities are not recognised if the temporary difference arises from the initial recognition of goodwill or from the initial recognition of other assets and liabilities in a transaction other than a business combination that affects neither accounting profit nor taxable profit. Deferred tax is provided on temporary differences arising on investments in foreign subsidiaries, except where the Group is able to control the reversal of the temporary difference and it is probable that it will not reverse in the foreseeable future. Deferred tax is calculated using the enacted or substantively enacted tax rates that are expected to apply when the asset is recovered or the liability is settled. Current tax assets and liabilities are offset when there is a legally enforceable right to set off the amounts and management intends to settle on a net basis. Deferred tax assets and liabilities are offset where there is a legally enforceable right to set off current tax assets and liabilities and the deferred tax assets and liabilities relate to income taxes levied by the same taxation authority on the same taxable entity. Current tax and deferred tax is recognised in profit or loss unless it relates to an item that is recognised in the same or a different year outside profit or loss, in which case it too is recognised outside profit or loss, either in other comprehensive income or directly in equity. Where there is uncertainty as to whether treatments in the tax return will be accepted by a taxation authority, the judgements and estimates made in recognising and measuring the uncertainty are based on information available at the time. The Group reassesses these judgements and estimates if the facts and circumstances change or new information becomes available. This may include, but is not restricted to, examination by a taxation authority, implicit or explicit acceptance by a taxation authority of a particular tax treatment, the expiry of the taxation authority\u2019s right to examine or re-examine a tax treatment and changes in legislation. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-550": { "value": "Payments to shareholders Dividends paid and received are included in the Company financial statements in the year in which the related dividends are actually paid or received or, in respect of the Company\u2019s final dividend for the year, approved by shareholders. It is the Board\u2019s intention that any future dividends will be final dividends paid annually in cash, not by the allotment and issue of B Shares. Consequently, the Board is not seeking shareholder approval at the 2026 AGM to capitalise reserves for the purposes of issuing B Shares or to grant Directors the authority to allot such shares. Existing B Shares will continue to be redeemable but limited to one redemption date in November of each year. B Shares issued but not redeemed are classified as current liabilities. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForDividendsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-551": { "value": "Own shares Own shares represent the Company\u2019s ordinary shares that are held by the Company in treasury or by a sponsored Employee Share Ownership Plan (ESOP) trust in relation to the Group\u2019s employee share schemes. When own shares are acquired, the cost of purchase in the market is deducted from equity. Gains or losses on the subsequent transfer or sale of own shares are also recognised in equity. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForTreasurySharesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-594": { "value": "New accounting standards and interpretations The following standards and amendments were effective for periods beginning on or after 1 January 2025, and as such, have been applied in these financial statements. The Group has not early adopted any other standard or interpretation that is issued but not yet effective. \u2022 Amendments to IAS 21, \u2018Lack of Exchangeability\u2019: to add requirements to help entities to determine whether a currency is exchangeable into another currency, and the spot exchange rate to use when it is not. ", "dimensions": { "concept": "ifrs-full:DescriptionOfInitialApplicationOfStandardsOrInterpretations", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-552": { "value": "New accounting standards and interpretations The following standards and amendments were effective for periods beginning on or after 1 January 2025, and as such, have been applied in these financial statements. The Group has not early adopted any other standard or interpretation that is issued but not yet effective. \u2022 Amendments to IAS 21, \u2018Lack of Exchangeability\u2019: to add requirements to help entities to determine whether a currency is exchangeable into another currency, and the spot exchange rate to use when it is not. New accounting standards and interpretations issued but not yet effective The new and amended standards and interpretations that are issued, but not yet effective, up to the date of issuance of the Group\u2019s financial statements are disclosed below. The Group intends to adopt these new and amended standards and interpretations, if applicable, when they become effective. \u2022 Amendments to IFRS 9, \u2018Financial Instruments\u2019 and IFRS 7, \u2018Financial Instruments: Disclosures\u2019, amendments to the classification and measurement of financial instruments: to respond to recent questions arising in practice, and to include new requirements not only for financial institutions but also for corporate entities \u2013 effective for annual periods beginning on or after 1 January 2026. \u2022 IFRS 18, \u2018Presentation and Disclosure in Financial Statements\u2019: a new standard on presentation and disclosure in financial statements, which replaces IAS 1, \u2018Presentation of Financial Statements\u2019, with a focus on updates to the statement of profit or loss \u2013 effective for annual periods beginning on or after 1 January 2027. \u2022 IFRS 19, \u2018Subsidiaries without Public Accountability: Disclosures\u2019: an eligible subsidiary applies the requirements in other IFRS accounting standards except for the disclosure requirements; and it applies instead the reduced disclosure requirements in IFRS 19 \u2013 effective for annual periods beginning on or after 1 January 2027. \u2022 Annual improvements to IFRS \u2013 Volume 11: annual changes that either clarify the wording in an accounting standard or correct relatively minor unintended consequences, oversights or conflicts between the requirements in the accounting standards \u2013 effective for annual periods beginning on or after 1 January 2026. Due to the nature of the reporting and classification changes involved, once effective, IFRS 18 is expected to have a significant impact on the way in which the Group reports its consolidated financial statements and accompanying notes. The Group continues to review the impact of IFRS 18 and prepare for its implementation. None of the other aforementioned amendments are expected to have a significant impact on the Group; however, the Group will continue to consider these and any additional amendments, interpretations and new standards to identify potential future impact. ", "dimensions": { "concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-595": { "value": "New accounting standards and interpretations issued but not yet effective The new and amended standards and interpretations that are issued, but not yet effective, up to the date of issuance of the Group\u2019s financial statements are disclosed below. The Group intends to adopt these new and amended standards and interpretations, if applicable, when they become effective. \u2022 Amendments to IFRS 9, \u2018Financial Instruments\u2019 and IFRS 7, \u2018Financial Instruments: Disclosures\u2019, amendments to the classification and measurement of financial instruments: to respond to recent questions arising in practice, and to include new requirements not only for financial institutions but also for corporate entities \u2013 effective for annual periods beginning on or after 1 January 2026. \u2022 IFRS 18, \u2018Presentation and Disclosure in Financial Statements\u2019: a new standard on presentation and disclosure in financial statements, which replaces IAS 1, \u2018Presentation of Financial Statements\u2019, with a focus on updates to the statement of profit or loss \u2013 effective for annual periods beginning on or after 1 January 2027. \u2022 IFRS 19, \u2018Subsidiaries without Public Accountability: Disclosures\u2019: an eligible subsidiary applies the requirements in other IFRS accounting standards except for the disclosure requirements; and it applies instead the reduced disclosure requirements in IFRS 19 \u2013 effective for annual periods beginning on or after 1 January 2027. \u2022 Annual improvements to IFRS \u2013 Volume 11: annual changes that either clarify the wording in an accounting standard or correct relatively minor unintended consequences, oversights or conflicts between the requirements in the accounting standards \u2013 effective for annual periods beginning on or after 1 January 2026. Due to the nature of the reporting and classification changes involved, once effective, IFRS 18 is expected to have a significant impact on the way in which the Group reports its consolidated financial statements and accompanying notes. The Group continues to review the impact of IFRS 18 and prepare for its implementation. None of the other aforementioned amendments are expected to have a significant impact on the Group; however, the Group will continue to consider these and any additional amendments, interpretations and new standards to identify potential future impact. ", "dimensions": { "concept": "ifrs-full:DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-596": { "value": "Critical accounting judgements and key sources of estimation uncertainty In applying the Company\u2019s accounting policies as described in this note, the Directors are required to make judgements, estimates and assumptions that affect the application of accounting policies and the reported assets, liabilities, income and expenses that are not readily identifiable from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant, including expectations of future events that might have a financial impact on the Company and that are believed to be reasonable under the circumstances. Actual outcomes could differ from those estimates and affect the Company\u2019s results in future years. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The Directors have carefully considered the accounting implications of the following developments in their review of critical judgements, estimates and assumptions: \u2022 Impacts of high inflation and interest rates: Companies continue to experience the effect of high inflation and interest rates, which impact all aspects of the business including increasing costs such as raw materials and wages, changes in customer behaviour and credit risk, negotiations of contract terms and investment and financing decisions. \u2022 Climate change: The impact of ESG matters, specifically focused on the effect of climate change, both from a qualitative and quantitative perspective, continues to impact companies. \u2022 Global conflicts and sanctions: Global conflicts and the imposition of international sanctions continue to have a pervasive economic impact worldwide and particularly where businesses engage in economic activities that might be affected by recent developments in these areas. Critical judgements (i) Determination of cash-generating units (CGUs) A CGU is the smallest group of assets that generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. Impairment testing requires management to determine the net discounted cash flows expected to arise from a CGU. Management has determined that the Group\u2019s CGUs align with the operating reportable segments, or divisions, being Liquids, Unit Dosing, Powders, Aerosols and Asia Pacific. In the case of the first four divisions, segmentation is based on product technologies. For Asia Pacific, segmentation is based on location of both operations and the market served. The judgement applied in determining the Group\u2019s CGUs concerns the level at which cash flows arise independently from other areas of the business. Whilst each division is made up of a number of operational sites based in different locations, sites within a division act as a network to create a product offering for all customers of that division. Therefore, cash flows arising at any particular site within a division have a level of dependence upon other assets within the division as a whole. Furthermore, divisional leadership teams develop strategies for the division as a whole and are accountable to deliver them, including driving best practices and performance across the whole division and developing new products at a divisional level based on specialist product format knowledge. Sales and marketing teams also operate at a divisional level. Key sources of estimation uncertainty (i) Pensions and other post-employment benefits Under IAS 19, \u2018Employee benefits\u2019, the cost of defined benefit schemes is determined based on actuarial valuations that are carried out annually at the balance sheet date. Actuarial valuations are dependent on assumptions about the future that are made by the Directors on the advice of independent qualified actuaries. If actual experience differs from these assumptions, there could be a material change in the amounts recognised by the Group in respect of defined benefit schemes in the next financial year. At 30 June 2026, the present value of defined benefit obligations in relation to the UK scheme was \u00a396.2 million (2025: \u00a397.8m). It was calculated using a number of assumptions, including future Consumer Price Index rate changes, increases to pension benefits and mortality rates. The present value of the benefit obligation is calculated by discounting the benefit obligation using market yields on high-quality corporate bonds at the balance sheet date. At 30 June 2026, the fair value of the scheme assets of the UK scheme was \u00a378.1 million (2025: \u00a374.8m). The scheme assets consist largely of securities and managed funds whose values are subject to fluctuation in response to changes in market conditions. A portion of unquoted investments have valuations which precede the reporting date and where the valuations have been adjusted for cash movements between the last valuation date and 30 June 2026, using the valuation approach and inputs as at the last valuation date. Changes in the actuarial assumptions underlying the benefit obligation, changes in the discount rate applicable to the benefit obligation and effects of differences between the expected and actual return on the scheme\u2019s assets are classified as actuarial gains and losses and are recognised in other comprehensive income. During 2026, the Group recognised a net actuarial gain of \u00a31.2 million (2025: loss of \u00a31.2m). An analysis of the assumptions that will be used by the Directors to determine the cost of the defined benefit scheme that will be recognised in profit or loss in the next financial year and the sensitivity of the benefit obligation to key assumptions is presented in note 22. (ii) Taxation Judgements and estimates are required in order to determine the appropriate amount of tax provided for issues under dispute with taxation authorities and for tax matters which are considered uncertain and on which it is probable that a future tax liability will arise. The amount provided is management\u2019s best estimate of the tax liability taking into consideration external advice, known outcomes on similar tax treatments and experience of tax authority custom and practice. At 30 June 2026, the Group reviewed its exposure for ongoing tax audits and uncertain tax treatments and made a provision of \u00a30.8 million (2025: \u00a30.9m), in line with IFRIC 23 requirements. The Group operates across a number of jurisdictions and tax risk can arise in relation to the pricing of cross-border transactions. Transfer pricing is inherently subjective and in determining the appropriate level of provision, the Group considers the probability of a range of outcomes, using a weighted average methodology to focus risk on the most likely outcomes in the event of a tax audit. The amount provided also takes account of international dispute resolution mechanisms, where available, to mitigate double taxation. This analysis is reassessed at each year end and the estimates refined as additional information becomes available. The provision for uncertain tax positions has reduced from that held in the prior year mainly due to expiries in the statute of limitations. The Group believes it has made adequate provision for the liabilities likely to arise from years which are open and not yet agreed by tax authorities. The ultimate liability for such matters may vary from the amounts provided however and is dependent upon the outcome of agreements with relevant tax authorities, dispute resolution processes in the relevant jurisdictions or litigation where appropriate. The Group has tax losses and other deductible temporary differences that have the potential to reduce future tax liabilities. Deferred tax assets are recognised to the extent that recovery is probable against the future reversal of taxable temporary differences and projected taxable income. At 30 June 2026, the Group recognised deferred tax assets of \u00a341.2 million (2025: \u00a338.2m), including \u00a325.8 million (2025: \u00a323.3m) in respect of tax losses. Deferred tax assets amounting to \u00a37.5 million (2025: \u00a37.5m) were not recognised in respect of tax losses and tax credits carried forward. The profit projections used to estimate deferred tax asset recoverability are the same as those used to assess the carrying value of goodwill and the estimate is therefore sensitive to the same factors as those set out in note 12. Management estimates that a reduction in the perpetual growth rate to 0.0% would not result in an impairment of the deferred tax asset. The Group has applied the Pillar Two income taxes exemption in IAS 12, so neither recognises nor discloses information about deferred tax assets and liabilities related to Pillar Two income taxes.", "dimensions": { "concept": "ifrs-full:ExplanationOfAssumptionAboutFutureWithSignificantRiskOfResultingInMaterialAdjustments", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-553": { "value": "Critical accounting judgements and key sources of estimation uncertainty In applying the Company\u2019s accounting policies as described in this note, the Directors are required to make judgements, estimates and assumptions that affect the application of accounting policies and the reported assets, liabilities, income and expenses that are not readily identifiable from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant, including expectations of future events that might have a financial impact on the Company and that are believed to be reasonable under the circumstances. Actual outcomes could differ from those estimates and affect the Company\u2019s results in future years. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The Directors have carefully considered the accounting implications of the following developments in their review of critical judgements, estimates and assumptions: \u2022 Impacts of high inflation and interest rates: Companies continue to experience the effect of high inflation and interest rates, which impact all aspects of the business including increasing costs such as raw materials and wages, changes in customer behaviour and credit risk, negotiations of contract terms and investment and financing decisions. \u2022 Climate change: The impact of ESG matters, specifically focused on the effect of climate change, both from a qualitative and quantitative perspective, continues to impact companies. \u2022 Global conflicts and sanctions: Global conflicts and the imposition of international sanctions continue to have a pervasive economic impact worldwide and particularly where businesses engage in economic activities that might be affected by recent developments in these areas. Critical judgements (i) Determination of cash-generating units (CGUs) A CGU is the smallest group of assets that generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. Impairment testing requires management to determine the net discounted cash flows expected to arise from a CGU. Management has determined that the Group\u2019s CGUs align with the operating reportable segments, or divisions, being Liquids, Unit Dosing, Powders, Aerosols and Asia Pacific. In the case of the first four divisions, segmentation is based on product technologies. For Asia Pacific, segmentation is based on location of both operations and the market served. The judgement applied in determining the Group\u2019s CGUs concerns the level at which cash flows arise independently from other areas of the business. Whilst each division is made up of a number of operational sites based in different locations, sites within a division act as a network to create a product offering for all customers of that division. Therefore, cash flows arising at any particular site within a division have a level of dependence upon other assets within the division as a whole. Furthermore, divisional leadership teams develop strategies for the division as a whole and are accountable to deliver them, including driving best practices and performance across the whole division and developing new products at a divisional level based on specialist product format knowledge. Sales and marketing teams also operate at a divisional level. Key sources of estimation uncertainty (i) Pensions and other post-employment benefits Under IAS 19, \u2018Employee benefits\u2019, the cost of defined benefit schemes is determined based on actuarial valuations that are carried out annually at the balance sheet date. Actuarial valuations are dependent on assumptions about the future that are made by the Directors on the advice of independent qualified actuaries. If actual experience differs from these assumptions, there could be a material change in the amounts recognised by the Group in respect of defined benefit schemes in the next financial year. At 30 June 2026, the present value of defined benefit obligations in relation to the UK scheme was \u00a396.2 million (2025: \u00a397.8m). It was calculated using a number of assumptions, including future Consumer Price Index rate changes, increases to pension benefits and mortality rates. The present value of the benefit obligation is calculated by discounting the benefit obligation using market yields on high-quality corporate bonds at the balance sheet date. At 30 June 2026, the fair value of the scheme assets of the UK scheme was \u00a378.1 million (2025: \u00a374.8m). The scheme assets consist largely of securities and managed funds whose values are subject to fluctuation in response to changes in market conditions. A portion of unquoted investments have valuations which precede the reporting date and where the valuations have been adjusted for cash movements between the last valuation date and 30 June 2026, using the valuation approach and inputs as at the last valuation date. Changes in the actuarial assumptions underlying the benefit obligation, changes in the discount rate applicable to the benefit obligation and effects of differences between the expected and actual return on the scheme\u2019s assets are classified as actuarial gains and losses and are recognised in other comprehensive income. During 2026, the Group recognised a net actuarial gain of \u00a31.2 million (2025: loss of \u00a31.2m). An analysis of the assumptions that will be used by the Directors to determine the cost of the defined benefit scheme that will be recognised in profit or loss in the next financial year and the sensitivity of the benefit obligation to key assumptions is presented in note 22. (ii) Taxation Judgements and estimates are required in order to determine the appropriate amount of tax provided for issues under dispute with taxation authorities and for tax matters which are considered uncertain and on which it is probable that a future tax liability will arise. The amount provided is management\u2019s best estimate of the tax liability taking into consideration external advice, known outcomes on similar tax treatments and experience of tax authority custom and practice. At 30 June 2026, the Group reviewed its exposure for ongoing tax audits and uncertain tax treatments and made a provision of \u00a30.8 million (2025: \u00a30.9m), in line with IFRIC 23 requirements. The Group operates across a number of jurisdictions and tax risk can arise in relation to the pricing of cross-border transactions. Transfer pricing is inherently subjective and in determining the appropriate level of provision, the Group considers the probability of a range of outcomes, using a weighted average methodology to focus risk on the most likely outcomes in the event of a tax audit. The amount provided also takes account of international dispute resolution mechanisms, where available, to mitigate double taxation. This analysis is reassessed at each year end and the estimates refined as additional information becomes available. The provision for uncertain tax positions has reduced from that held in the prior year mainly due to expiries in the statute of limitations. The Group believes it has made adequate provision for the liabilities likely to arise from years which are open and not yet agreed by tax authorities. The ultimate liability for such matters may vary from the amounts provided however and is dependent upon the outcome of agreements with relevant tax authorities, dispute resolution processes in the relevant jurisdictions or litigation where appropriate. The Group has tax losses and other deductible temporary differences that have the potential to reduce future tax liabilities. Deferred tax assets are recognised to the extent that recovery is probable against the future reversal of taxable temporary differences and projected taxable income. At 30 June 2026, the Group recognised deferred tax assets of \u00a341.2 million (2025: \u00a338.2m), including \u00a325.8 million (2025: \u00a323.3m) in respect of tax losses. Deferred tax assets amounting to \u00a37.5 million (2025: \u00a37.5m) were not recognised in respect of tax losses and tax credits carried forward. The profit projections used to estimate deferred tax asset recoverability are the same as those used to assess the carrying value of goodwill and the estimate is therefore sensitive to the same factors as those set out in note 12. Management estimates that a reduction in the perpetual growth rate to 0.0% would not result in an impairment of the deferred tax asset. The Group has applied the Pillar Two income taxes exemption in IAS 12, so neither recognises nor discloses information about deferred tax assets and liabilities related to Pillar Two income taxes.", "dimensions": { "concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-554": { "value": "
3. Segment information
Segmental reporting
Financial information is presented to the Board by business division for the purposes of allocating resources within the Group and assessing the performance of the Group. There are
five separately managed and accountable business divisions. The European business is managed as four divisions based on product technology and the Asia Pacific division is based
on geography:
\u2022 Liquids;
\u2022 Unit Dosing;
\u2022 Powders;
\u2022 Aerosols; and
\u2022 Asia Pacific.
Intra-group revenue from the sale of products is agreed and reconciled between the relevant customer-facing units and eliminated in the segmental presentation that is presented to the
Board and therefore excluded from the reported figures. Most overhead costs are directly attributed within the respective divisions\u2019 income statements. Central overheads are allocated
to a reportable segment proportionally using an appropriate cost driver and include costs of certain Group functions (mostly associated with financial disciplines such as treasury).
Corporate costs are reported separately and include the costs associated with the Board and the Executive Leadership Team, governance and being a listed company. Exceptional
items are detailed in note 4 and are not allocated to the reportable segments as this reflects how they are reported to the Board. Finance expense and income are not allocated to the
reportable segments, as the Group Treasury function manages this activity, together with the overall net debt position of the Group.
The Board uses adjusted operating profit to measure the profitability of the Group\u2019s businesses. Adjusted operating profit is, therefore, the measure of segment profit presented in the
Group\u2019s segment disclosures. Adjusted operating profit represents operating profit before specific items that are considered to hinder comparison of the trading performance of the
Group\u2019s businesses either year on year or with other businesses. During the years under review, the items excluded from operating profit in arriving at adjusted operating profit were the
amortisation of intangible assets and exceptional items.
Liquids Unit Dosing Powders Aerosols Asia Pacific Corporate Group
Year ended 30 June 2026 \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Revenue
526.0
226.3
88.7
67.3
25.9
\u2014
934.2
Adjusted operating profit/(loss)
31.4
23.8
5.7
3.6
1.3
(6.8)
59.0
Amortisation of intangible assets
(1.3)
Exceptional items (note 4)
(7.6)
Operating profit
50.1
Finance costs (note 8)
(10.2)
Profit before taxation
39.9
Inventories
63.6
37. 9
14.9
12.5
3.7
\u2014
132.6
Capital expenditure
16.8
7. 4
3.5
2.2
1.1
\u2014
31.0
Amortisation and depreciation
11.8
6.9
1.2
0.8
1.6
\u2014
22.3
Liquids Unit Dosing Powders Aerosols Asia Pacific Corporate Group
Year ended 30 June 2025 \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Revenue
529.6
228.9
85.5
58.9
23.6
\u2014
926.5
Adjusted operating profit/(loss)
41.0
22.5
6.8
3.1
1.1
(8.4)
66.1
Amortisation of intangible assets
(1.9)
Exceptional items (note 4)
(4.0)
Operating profit
60.2
Finance costs (note 8)
(11.2)
Profit before taxation
49.0
Inventories
58.0
37.5
13.6
11.6
2.7
\u2014
123.4
Capital expenditure
14.6
10.8
1.9
2.6
0.8
\u2014
30.7
Amortisation and depreciation
11.4
7.0
1.3
0.5
1.4
\u2014
21.6
Geographical information
Revenue
Non-current assets
2026 2025 2026 2025
\u00a3m \u00a3m \u00a3m \u00a3m
United Kingdom
166.6
179.8
57.9
47.5
Germany
231.1
217.2
\u2014
\u2014
France
202.9
203.7
13.1
10.9
Italy
68.1
74.1
14.5
14.8
Spain
47.5
44.7
9.7
9.8
Other Europe
187.0
180.1
79.5
80.2
Asia Pacific
27.5
24.7
2.6
3.1
Rest of the World
3.5
2.2
\u2014
\u2014
Total
934.2
926.5
177.3
166.3
The geographical revenue information above is based on the location of the customer.
Non-current assets for this purpose consists of goodwill, other intangible assets, property, plant and equipment and right-of-use assets.
Revenue by major customer
In 2026 and 2025, no individual customer provided more than 10% of the Group\u2019s revenue. During 2026, the top ten customers accounted for 54% of total Group revenue (2025: 53%).
", "dimensions": { "concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-622": { "value": "3. Segment information Segmental reporting Financial information is presented to the Board by business division for the purposes of allocating resources within the Group and assessing the performance of the Group. There are five separately managed and accountable business divisions. The European business is managed as four divisions based on product technology and the Asia Pacific division is based on geography: \u2022 Liquids; \u2022 Unit Dosing; \u2022 Powders; \u2022 Aerosols; and \u2022 Asia Pacific. Intra-group revenue from the sale of products is agreed and reconciled between the relevant customer-facing units and eliminated in the segmental presentation that is presented to the Board and therefore excluded from the reported figures. Most overhead costs are directly attributed within the respective divisions\u2019 income statements. Central overheads are allocated to a reportable segment proportionally using an appropriate cost driver and include costs of certain Group functions (mostly associated with financial disciplines such as treasury). Corporate costs are reported separately and include the costs associated with the Board and the Executive Leadership Team, governance and being a listed company. Exceptional items are detailed in note 4 and are not allocated to the reportable segments as this reflects how they are reported to the Board. Finance expense and income are not allocated to the reportable segments, as the Group Treasury function manages this activity, together with the overall net debt position of the Group. The Board uses adjusted operating profit to measure the profitability of the Group\u2019s businesses. Adjusted operating profit is, therefore, the measure of segment profit presented in the Group\u2019s segment disclosures. Adjusted operating profit represents operating profit before specific items that are considered to hinder comparison of the trading performance of the Group\u2019s businesses either year on year or with other businesses. During the years under review, the items excluded from operating profit in arriving at adjusted operating profit were the amortisation of intangible assets and exceptional items.
Liquids Unit Dosing Powders Aerosols Asia Pacific Corporate Group
Year ended 30 June 2026 \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Revenue
526.0
226.3
88.7
67.3
25.9
\u2014
934.2
Adjusted operating profit/(loss)
31.4
23.8
5.7
3.6
1.3
(6.8)
59.0
Amortisation of intangible assets
(1.3)
Exceptional items (note 4)
(7.6)
Operating profit
50.1
Finance costs (note 8)
(10.2)
Profit before taxation
39.9
Inventories
63.6
37. 9
14.9
12.5
3.7
\u2014
132.6
Capital expenditure
16.8
7. 4
3.5
2.2
1.1
\u2014
31.0
Amortisation and depreciation
11.8
6.9
1.2
0.8
1.6
\u2014
22.3
Liquids Unit Dosing Powders Aerosols Asia Pacific Corporate Group
Year ended 30 June 2025 \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Revenue
529.6
228.9
85.5
58.9
23.6
\u2014
926.5
Adjusted operating profit/(loss)
41.0
22.5
6.8
3.1
1.1
(8.4)
66.1
Amortisation of intangible assets
(1.9)
Exceptional items (note 4)
(4.0)
Operating profit
60.2
Finance costs (note 8)
(11.2)
Profit before taxation
49.0
Inventories
58.0
37.5
13.6
11.6
2.7
\u2014
123.4
Capital expenditure
14.6
10.8
1.9
2.6
0.8
\u2014
30.7
Amortisation and depreciation
11.4
7.0
1.3
0.5
1.4
\u2014
21.6
Geographical information
Revenue
Non-current assets
2026 2025 2026 2025
\u00a3m \u00a3m \u00a3m \u00a3m
United Kingdom
166.6
179.8
57.9
47.5
Germany
231.1
217.2
\u2014
\u2014
France
202.9
203.7
13.1
10.9
Italy
68.1
74.1
14.5
14.8
Spain
47.5
44.7
9.7
9.8
Other Europe
187.0
180.1
79.5
80.2
Asia Pacific
27.5
24.7
2.6
3.1
Rest of the World
3.5
2.2
\u2014
\u2014
Total
934.2
926.5
177.3
166.3
The geographical revenue information above is based on the location of the customer. Non-current assets for this purpose consists of goodwill, other intangible assets, property, plant and equipment and right-of-use assets. Revenue by major customer In 2026 and 2025, no individual customer provided more than 10% of the Group\u2019s revenue. During 2026, the top ten customers accounted for 54% of total Group revenue (2025: 53%).", "dimensions": { "concept": "ifrs-full:DisclosureOfRevenueFromContractsWithCustomersExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-597": { "value": "3. Segment information Segmental reporting Financial information is presented to the Board by business division for the purposes of allocating resources within the Group and assessing the performance of the Group. There are five separately managed and accountable business divisions. The European business is managed as four divisions based on product technology and the Asia Pacific division is based on geography: \u2022 Liquids; \u2022 Unit Dosing; \u2022 Powders; \u2022 Aerosols; and \u2022 Asia Pacific. Intra-group revenue from the sale of products is agreed and reconciled between the relevant customer-facing units and eliminated in the segmental presentation that is presented to the Board and therefore excluded from the reported figures. Most overhead costs are directly attributed within the respective divisions\u2019 income statements. Central overheads are allocated to a reportable segment proportionally using an appropriate cost driver and include costs of certain Group functions (mostly associated with financial disciplines such as treasury). Corporate costs are reported separately and include the costs associated with the Board and the Executive Leadership Team, governance and being a listed company. Exceptional items are detailed in note 4 and are not allocated to the reportable segments as this reflects how they are reported to the Board. Finance expense and income are not allocated to the reportable segments, as the Group Treasury function manages this activity, together with the overall net debt position of the Group. The Board uses adjusted operating profit to measure the profitability of the Group\u2019s businesses. Adjusted operating profit is, therefore, the measure of segment profit presented in the Group\u2019s segment disclosures. Adjusted operating profit represents operating profit before specific items that are considered to hinder comparison of the trading performance of the Group\u2019s businesses either year on year or with other businesses. During the years under review, the items excluded from operating profit in arriving at adjusted operating profit were the amortisation of intangible assets and exceptional items.
Liquids Unit Dosing Powders Aerosols Asia Pacific Corporate Group
Year ended 30 June 2026 \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Revenue
526.0
226.3
88.7
67.3
25.9
\u2014
934.2
Adjusted operating profit/(loss)
31.4
23.8
5.7
3.6
1.3
(6.8)
59.0
Amortisation of intangible assets
(1.3)
Exceptional items (note 4)
(7.6)
Operating profit
50.1
Finance costs (note 8)
(10.2)
Profit before taxation
39.9
Inventories
63.6
37. 9
14.9
12.5
3.7
\u2014
132.6
Capital expenditure
16.8
7. 4
3.5
2.2
1.1
\u2014
31.0
Amortisation and depreciation
11.8
6.9
1.2
0.8
1.6
\u2014
22.3
Liquids Unit Dosing Powders Aerosols Asia Pacific Corporate Group
Year ended 30 June 2025 \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Revenue
529.6
228.9
85.5
58.9
23.6
\u2014
926.5
Adjusted operating profit/(loss)
41.0
22.5
6.8
3.1
1.1
(8.4)
66.1
Amortisation of intangible assets
(1.9)
Exceptional items (note 4)
(4.0)
Operating profit
60.2
Finance costs (note 8)
(11.2)
Profit before taxation
49.0
Inventories
58.0
37.5
13.6
11.6
2.7
\u2014
123.4
Capital expenditure
14.6
10.8
1.9
2.6
0.8
\u2014
30.7
Amortisation and depreciation
11.4
7.0
1.3
0.5
1.4
\u2014
21.6
Geographical information
Revenue
Non-current assets
2026 2025 2026 2025
\u00a3m \u00a3m \u00a3m \u00a3m
United Kingdom
166.6
179.8
57.9
47.5
Germany
231.1
217.2
\u2014
\u2014
France
202.9
203.7
13.1
10.9
Italy
68.1
74.1
14.5
14.8
Spain
47.5
44.7
9.7
9.8
Other Europe
187.0
180.1
79.5
80.2
Asia Pacific
27.5
24.7
2.6
3.1
Rest of the World
3.5
2.2
\u2014
\u2014
Total
934.2
926.5
177.3
166.3
The geographical revenue information above is based on the location of the customer. Non-current assets for this purpose consists of goodwill, other intangible assets, property, plant and equipment and right-of-use assets. Revenue by major customer In 2026 and 2025, no individual customer provided more than 10% of the Group\u2019s revenue. During 2026, the top ten customers accounted for 54% of total Group revenue (2025: 53%).", "dimensions": { "concept": "ifrs-full:DisclosureOfRevenueExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-635": { "value": "Geographical information
Revenue
Non-current assets
2026 2025 2026 2025
\u00a3m \u00a3m \u00a3m \u00a3m
United Kingdom
166.6
179.8
57.9
47.5
Germany
231.1
217.2
\u2014
\u2014
France
202.9
203.7
13.1
10.9
Italy
68.1
74.1
14.5
14.8
Spain
47.5
44.7
9.7
9.8
Other Europe
187.0
180.1
79.5
80.2
Asia Pacific
27.5
24.7
2.6
3.1
Rest of the World
3.5
2.2
\u2014
\u2014
Total
934.2
926.5
177.3
166.3
The geographical revenue information above is based on the location of the customer. Non-current assets for this purpose consists of goodwill, other intangible assets, property, plant and equipment and right-of-use assets. ", "dimensions": { "concept": "ifrs-full:DisclosureOfGeographicalAreasExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-636": { "value": "Revenue by major customer In 2026 and 2025, no individual customer provided more than 10% of the Group\u2019s revenue. During 2026, the top ten customers accounted for 54% of total Group revenue (2025: 53%).", "dimensions": { "concept": "ifrs-full:DisclosureOfSegmentsMajorCustomersExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-555": { "value": "
4. Exceptional items
Analysis of exceptional items
2026 2025
\u00a3m \u00a3m
Strategic partnership costs
1.6
\u2014
Acquisition costs
2.1
\u2014
ERP integration
2.2
\u2014
Environmental remediation
1.0
0.4
Group-wide review of growth options
0.7
2.1
Organisation changes
\u2014
1.5
Total charged to operating profit
7.6
4.0
Total exceptional items before tax
7.6
4.0
Total exceptional items of \u00a37.6 million were recorded during the year (2025: \u00a34.0m).
The charge comprised the following:
\u2022 \u00a31.6 million costs associated with the strategic partnership with Vestacy;
\u2022 \u00a32.1 million costs relating to due diligence and acquisition costs associated with the
acquisition of Eurotab;
\u2022 \u00a32.2 million costs relating to the disruption, integration and assurance costs of the SAP
S/4HANA implementation;
\u2022 \u00a31.0 million (2025: \u00a30.4m) costs relating to the re-evaluation of the long-term
environmental remediation provision at Estaimpuis;
\u2022 \u00a30.7 million (2025: \u00a32.1m) costs relating to a Group-wide strategic review of growth
options; and
\u2022 \u00a3nil (2025: \u00a31.5m) employee severance costs in relation to organisational changes
aimed at enhancing long-term operational efficiency and capability in line with the
Group\u2019s strategy.
", "dimensions": { "concept": "mcbrideplc:DisclsoureOfExceptionalItems", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-556": { "value": "
5. Employee information
The number of full-time equivalent persons employed by the Group (including Directors)
during the year, analysed by category, was as follows:
2026 2026 2025 2025
Year end Average Year end Average
Number Number Number Number
Manufacturing
2,582
2,594
2,626
2,621
Sales, general and administration
654
645
648
639
Total
3,236
3,239
3,274
3,260
The number of persons employed during the financial year ended 30 June 2026 excludes
third-party contractors, agency workers and consultants used by the Group. Such workers
are not employees of the Group, as defined by section 411 of the Companies Act 2006, and
have therefore been excluded from the numbers disclosed above.
Aggregate payroll costs were as follows:
2026 2025
\u00a3m \u00a3m
Wages and salaries
137.5
135.0
Social security costs
26.1
22.5
Share awards granted to Directors and employees
1.6
1.6
Other pension costs
4.2
3.7
Total
169.4
162.8
Pension costs comprise the payments made by the Group to defined contribution schemes
and the service and administration costs on defined benefit schemes (net of employee
contributions). See note 22.
Aggregate emoluments of the Directors of the Company were as follows:
2026 2025
\u00a3\u2019000 \u00a3\u2019000
Wages and salaries
1,347
1,710
Share awards granted to Directors
336
346
Other pension costs
(1)
69
64
Total
1,752
2,120
(1) The pension figure represents the value of the Company\u2019s contribution to the individual\u2019s pension scheme
and/or the cash value of payments in lieu of pension contribution.
Further information on Directors\u2019 emoluments included above is in the Annual Report on
Remuneration on pages 92 to 102.
Aggregate compensation for key management, being the Directors and members of the
Executive Committee, is shown in note 27.
", "dimensions": { "concept": "ifrs-full:DisclosureOfInformationAboutEmployeesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-557": { "value": "
6. Auditors\u2019 remuneration
Fees payable by the Group to the Company\u2019s independent auditors,
PricewaterhouseCoopers LLP, and its associates, were as follows:
2026 2025
\u00a3m \u00a3m
Audit fees:
Audit of the Company\u2019s financial statements
0.1
0.1
Other services:
Audit of the financial statements of the Company\u2019s subsidiaries
1.3
1.2
Total fees
1.4
1.3
Fees for the audit of the Company\u2019s financial statements represent fees payable to PwC
in respect of the audit of the Company\u2019s individual financial statements and the Group\u2019s
consolidated financial statements.
Fees payable by the Group to PwC totalled \u00a354,563 (2025: \u00a352,700) in respect of
non-audit services. These non-audit services included \u00a353,213 (2025: \u00a351,300) of other
non-audit assurance services.
7. Operating profit
Operating profit is stated after charging/(crediting):
2026 2025
\u00a3m \u00a3m
Cost of inventories (included in cost of sales)
(1)
516.7
515.2
Employee costs (note 5)
169.4
162.8
Amortisation of intangible assets (note 13)
1.3
1.9
Depreciation of property, plant and equipment (note 14)
16.9
15.8
Depreciation of right-of-use assets (note 15)
4.1
3.9
Loss on disposal of property, plant and equipment
0.4
0.4
Impairment/(reversal of impairment):
Property, plant and equipment (note 14)
0.1
(0.6)
Inventories (note 16)
4.0
2.4
Trade receivables (note 17)
1.0
0.4
Expense relating to short-term leases (note 15)
0.1
0.2
Expense relating to low-value leases (note 15)
0.2
0.1
Research and development costs not capitalised
10.3
9.8
Net foreign exchange gain
(0.1)
(0.1)
(1) Direct material costs only.
", "dimensions": { "concept": "ifrs-full:DisclosureOfExpensesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-599": { "value": "6. Auditors\u2019 remuneration Fees payable by the Group to the Company\u2019s independent auditors, PricewaterhouseCoopers LLP, and its associates, were as follows:
2026 2025
\u00a3m \u00a3m
Audit fees:
Audit of the Company\u2019s financial statements
0.1
0.1
Other services:
Audit of the financial statements of the Company\u2019s subsidiaries
1.3
1.2
Total fees
1.4
1.3
Fees for the audit of the Company\u2019s financial statements represent fees payable to PwC in respect of the audit of the Company\u2019s individual financial statements and the Group\u2019s consolidated financial statements. Fees payable by the Group to PwC totalled \u00a354,563 (2025: \u00a352,700) in respect of non-audit services. These non-audit services included \u00a353,213 (2025: \u00a351,300) of other non-audit assurance services. ", "dimensions": { "concept": "ifrs-full:DisclosureOfAuditorsRemunerationExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-642": { "value": "7. Operating profit Operating profit is stated after charging/(crediting):
2026 2025
\u00a3m \u00a3m
Cost of inventories (included in cost of sales)
(1)
516.7
515.2
Employee costs (note 5)
169.4
162.8
Amortisation of intangible assets (note 13)
1.3
1.9
Depreciation of property, plant and equipment (note 14)
16.9
15.8
Depreciation of right-of-use assets (note 15)
4.1
3.9
Loss on disposal of property, plant and equipment
0.4
0.4
Impairment/(reversal of impairment):
Property, plant and equipment (note 14)
0.1
(0.6)
Inventories (note 16)
4.0
2.4
Trade receivables (note 17)
1.0
0.4
Expense relating to short-term leases (note 15)
0.1
0.2
Expense relating to low-value leases (note 15)
0.2
0.1
Research and development costs not capitalised
10.3
9.8
Net foreign exchange gain
(0.1)
(0.1)
(1) Direct material costs only.", "dimensions": { "concept": "ifrs-full:DisclosureOfProfitLossFromOperatingActivitiesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-600": { "value": "7. Operating profit Operating profit is stated after charging/(crediting):
2026 2025
\u00a3m \u00a3m
Cost of inventories (included in cost of sales)
(1)
516.7
515.2
Employee costs (note 5)
169.4
162.8
Amortisation of intangible assets (note 13)
1.3
1.9
Depreciation of property, plant and equipment (note 14)
16.9
15.8
Depreciation of right-of-use assets (note 15)
4.1
3.9
Loss on disposal of property, plant and equipment
0.4
0.4
Impairment/(reversal of impairment):
Property, plant and equipment (note 14)
0.1
(0.6)
Inventories (note 16)
4.0
2.4
Trade receivables (note 17)
1.0
0.4
Expense relating to short-term leases (note 15)
0.1
0.2
Expense relating to low-value leases (note 15)
0.2
0.1
Research and development costs not capitalised
10.3
9.8
Net foreign exchange gain
(0.1)
(0.1)
(1) Direct material costs only.", "dimensions": { "concept": "ifrs-full:DisclosureOfExpensesByNatureExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-624": { "value": "
2026 2025
\u00a3m \u00a3m
Cost of inventories (included in cost of sales)
(1)
516.7
515.2
Employee costs (note 5)
169.4
162.8
Amortisation of intangible assets (note 13)
1.3
1.9
Depreciation of property, plant and equipment (note 14)
16.9
15.8
Depreciation of right-of-use assets (note 15)
4.1
3.9
Loss on disposal of property, plant and equipment
0.4
0.4
Impairment/(reversal of impairment):
Property, plant and equipment (note 14)
0.1
(0.6)
Inventories (note 16)
4.0
2.4
Trade receivables (note 17)
1.0
0.4
Expense relating to short-term leases (note 15)
0.1
0.2
Expense relating to low-value leases (note 15)
0.2
0.1
Research and development costs not capitalised
10.3
9.8
Net foreign exchange gain
(0.1)
(0.1)
", "dimensions": { "concept": "ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-637": { "value": "
2026 2025
\u00a3m \u00a3m
Cost of inventories (included in cost of sales)
(1)
516.7
515.2
Employee costs (note 5)
169.4
162.8
Amortisation of intangible assets (note 13)
1.3
1.9
Depreciation of property, plant and equipment (note 14)
16.9
15.8
Depreciation of right-of-use assets (note 15)
4.1
3.9
Loss on disposal of property, plant and equipment
0.4
0.4
Impairment/(reversal of impairment):
Property, plant and equipment (note 14)
0.1
(0.6)
Inventories (note 16)
4.0
2.4
Trade receivables (note 17)
1.0
0.4
Expense relating to short-term leases (note 15)
0.1
0.2
Expense relating to low-value leases (note 15)
0.2
0.1
Research and development costs not capitalised
10.3
9.8
Net foreign exchange gain
(0.1)
(0.1)
", "dimensions": { "concept": "ifrs-full:DisclosureOfResearchAndDevelopmentExpenseExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-558": { "value": "
8. Finance costs
2026 2025
\u00a3m \u00a3m
Finance costs
Interest on bank loans and overdrafts
7.2
8.3
Interest on lease liabilities (note 15)
0.4
0.4
Net foreign exchange loss/(gain)
0.3
(0.4)
Amortisation of facility fees
0.4
1.0
Non-utilisation and other fees
0.7
0.7
Adjusted finance costs excluding net interest cost
on defined benefit obligation
9.0
10.0
Post-employment benefits:
Net interest cost on defined benefit obligation (note 22)
1.2
1.2
Adjusted finance costs
10.2
11.2
Total finance costs
10.2
11.2
Interest rate derivatives are used to manage the interest rate profile of the Group\u2019s
borrowings. Accordingly, interest income from interest rate caps of \u00a30.3 million (2025:
\u00a30.2m) is included in interest on bank loans and overdrafts.
No interest costs were capitalised in the current year (2025: \u00a3nil).
", "dimensions": { "concept": "ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-646": { "value": "8. Finance costs
2026 2025
\u00a3m \u00a3m
Finance costs
Interest on bank loans and overdrafts
7.2
8.3
Interest on lease liabilities (note 15)
0.4
0.4
Net foreign exchange loss/(gain)
0.3
(0.4)
Amortisation of facility fees
0.4
1.0
Non-utilisation and other fees
0.7
0.7
Adjusted finance costs excluding net interest cost
on defined benefit obligation
9.0
10.0
Post-employment benefits:
Net interest cost on defined benefit obligation (note 22)
1.2
1.2
Adjusted finance costs
10.2
11.2
Total finance costs
10.2
11.2
Interest rate derivatives are used to manage the interest rate profile of the Group\u2019s borrowings. Accordingly, interest income from interest rate caps of \u00a30.3 million (2025: \u00a30.2m) is included in interest on bank loans and overdrafts. No interest costs were capitalised in the current year (2025: \u00a3nil).", "dimensions": { "concept": "ifrs-full:DisclosureOfInterestIncomeExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-643": { "value": "8. Finance costs
2026 2025
\u00a3m \u00a3m
Finance costs
Interest on bank loans and overdrafts
7.2
8.3
Interest on lease liabilities (note 15)
0.4
0.4
Net foreign exchange loss/(gain)
0.3
(0.4)
Amortisation of facility fees
0.4
1.0
Non-utilisation and other fees
0.7
0.7
Adjusted finance costs excluding net interest cost
on defined benefit obligation
9.0
10.0
Post-employment benefits:
Net interest cost on defined benefit obligation (note 22)
1.2
1.2
Adjusted finance costs
10.2
11.2
Total finance costs
10.2
11.2
Interest rate derivatives are used to manage the interest rate profile of the Group\u2019s borrowings. Accordingly, interest income from interest rate caps of \u00a30.3 million (2025: \u00a30.2m) is included in interest on bank loans and overdrafts. No interest costs were capitalised in the current year (2025: \u00a3nil).", "dimensions": { "concept": "ifrs-full:DisclosureOfInterestExpenseExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-638": { "value": "8. Finance costs
2026 2025
\u00a3m \u00a3m
Finance costs
Interest on bank loans and overdrafts
7.2
8.3
Interest on lease liabilities (note 15)
0.4
0.4
Net foreign exchange loss/(gain)
0.3
(0.4)
Amortisation of facility fees
0.4
1.0
Non-utilisation and other fees
0.7
0.7
Adjusted finance costs excluding net interest cost
on defined benefit obligation
9.0
10.0
Post-employment benefits:
Net interest cost on defined benefit obligation (note 22)
1.2
1.2
Adjusted finance costs
10.2
11.2
Total finance costs
10.2
11.2
Interest rate derivatives are used to manage the interest rate profile of the Group\u2019s borrowings. Accordingly, interest income from interest rate caps of \u00a30.3 million (2025: \u00a30.2m) is included in interest on bank loans and overdrafts. No interest costs were capitalised in the current year (2025: \u00a3nil).", "dimensions": { "concept": "ifrs-full:DisclosureOfInterestIncomeExpenseExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-623": { "value": "8. Finance costs
2026 2025
\u00a3m \u00a3m
Finance costs
Interest on bank loans and overdrafts
7.2
8.3
Interest on lease liabilities (note 15)
0.4
0.4
Net foreign exchange loss/(gain)
0.3
(0.4)
Amortisation of facility fees
0.4
1.0
Non-utilisation and other fees
0.7
0.7
Adjusted finance costs excluding net interest cost
on defined benefit obligation
9.0
10.0
Post-employment benefits:
Net interest cost on defined benefit obligation (note 22)
1.2
1.2
Adjusted finance costs
10.2
11.2
Total finance costs
10.2
11.2
Interest rate derivatives are used to manage the interest rate profile of the Group\u2019s borrowings. Accordingly, interest income from interest rate caps of \u00a30.3 million (2025: \u00a30.2m) is included in interest on bank loans and overdrafts. No interest costs were capitalised in the current year (2025: \u00a3nil).", "dimensions": { "concept": "ifrs-full:DisclosureOfFinanceIncomeExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-598": { "value": "8. Finance costs
2026 2025
\u00a3m \u00a3m
Finance costs
Interest on bank loans and overdrafts
7.2
8.3
Interest on lease liabilities (note 15)
0.4
0.4
Net foreign exchange loss/(gain)
0.3
(0.4)
Amortisation of facility fees
0.4
1.0
Non-utilisation and other fees
0.7
0.7
Adjusted finance costs excluding net interest cost
on defined benefit obligation
9.0
10.0
Post-employment benefits:
Net interest cost on defined benefit obligation (note 22)
1.2
1.2
Adjusted finance costs
10.2
11.2
Total finance costs
10.2
11.2
Interest rate derivatives are used to manage the interest rate profile of the Group\u2019s borrowings. Accordingly, interest income from interest rate caps of \u00a30.3 million (2025: \u00a30.2m) is included in interest on bank loans and overdrafts. No interest costs were capitalised in the current year (2025: \u00a3nil).", "dimensions": { "concept": "ifrs-full:DisclosureOfFinanceCostExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-559": { "value": "
9. Taxation
Income tax expense
2026
2025
UK Overseas Total UK Overseas Total
Total attributable to ordinary shareholders \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Current tax expense/(credit)
Current year
0.4
12.1
12.5
0.4
10.2
10.6
Adjustment for prior years
\u2014
(0.4)
(0.4)
\u2014
(0.1)
(0.1)
0.4
11.7
12.1
0.4
10.1
10.5
Deferred tax expense/(credit)
Origination and reversal of temporary differences
(2.7)
0.2
(2.5)
1.4
1.1
2.5
Adjustment for prior years
0.2
0.1
0.3
2.2
0.6
2.8
(2.5)
0.3
(2.2)
3.6
1.7
5.3
Income tax expense
(2.1)
12.0
9.9
4.0
11.8
15.8
Included in the current tax adjustment for the prior year is \u00a30.1 million credit (2025: \u00a30.5m credit) relating to the release of provisions for uncertain tax treatments due to expiries in the
statute of limitations.
Transfer pricing is inherently subjective and in determining the appropriate level of provision, the Group considers the probability of a range of outcomes, using a weighted average
methodology to focus risk on the most likely outcomes in the event of a tax audit. The amount provided also takes account of international dispute resolution mechanisms, where
available, to mitigate double taxation. This analysis is re-assessed at each year end and the estimates refined as additional information becomes available.
At 30 June 2026, the Group reviewed its tax exposure for ongoing tax audits and uncertain tax treatments and made a provision of \u00a30.8 million (2025: \u00a30.9m), in line with IFRIC 23
requirements.
Reconciliation to UK statutory tax rate
The total tax charge on the Group\u2019s profit before tax for the year is lower (2025: higher) than the amount that would be charged at the UK standard rate of corporation tax for the
following reasons:
2026 2025
Total attributable to ordinary shareholders \u00a3m \u00a3m
Profit before tax
39.9
49.0
Profit before tax multiplied by the UK corporation tax rate
of 25.0% (2025: 25.0%)
10.0
12.3
Effect of tax rates in foreign jurisdictions
0.3
0.5
Non-deductible expenses
0.9
0.2
Non-taxable income
(1.2)
\u2014
Other differences
\u2014
0.1
Adjustment for prior years
(0.1)
2.7
Total tax charge in profit or loss
9.9
15.8
Exclude adjusting items (note 30)
2.2
1.5
Total tax charge in profit or loss before adjusting items
12.1
17.3
The taxation is provided at current rates on the profits earned for the year. There have been no changes in applicable tax rates that have impacted the current year tax charge.
The main rate of UK corporation tax applicable for the financial year is 25.0% (2025: 25.0%).
OECD Pillar Two rules
The Group has applied the Pillar Two income taxes exemption in IAS 12, so neither recognises nor discloses information about deferred tax assets and liabilities related to Pillar Two
income taxes.
Tax on items recognised in other comprehensive income
2026 2025
\u00a3m \u00a3m
Items that may be reclassified to profit or loss:
Deferred tax on cash flow hedges in the year
(1.7)
0.2
Items that will not be reclassified to profit or loss:
Deferred tax on net actuarial gain/(loss) on post-employment benefits
0.1
(0.3)
Total tax credited in other comprehensive income
(1.6)
(0.1)
Deferred tax
The movement in the net deferred tax balances during the year was:
Accelerated Retirement
capital Intangible Share-based Tax benefit
allowance assets payments losses obligations Other Total
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
At 1 July 2024
(6.5)
(2.9)
1.6
25.8
7.3
11.5
36.8
(Charge)/credit to profit or loss
(0.6)
0.1
0.6
(2.5)
(1.4)
(1.5)
(5.3)
Credit/(charge) to other comprehensive income
\u2014
\u2014
\u2014
\u2014
0.3
(0.2)
0.1
Credit to equity
\u2014
\u2014
(0.1)
\u2014
\u2014
\u2014
(0.1)
At 30 June 2025
(7.1)
(2.8)
2.1
23.3
6.2
9.8
31.5
(Charge)/credit to profit or loss
(0.1)
\u2014
0.7
2.5
(1.1)
0.2
2.2
(Charge)/credit to other comprehensive income
\u2014
\u2014
\u2014
\u2014
(0.1)
1.7
1.6
Charge to equity
\u2014
\u2014
(1.2)
\u2014
\u2014
\u2014
(1.2)
At 30 June 2026
(7.2)
(2.8)
1.6
25.8
5.0
11.7
34.1
Other deferred tax includes short-term timing differences for Group entities of \u00a32.3 million (2025: \u00a33.2m) and amounts related to corporate interest restriction in the UK of \u00a39.1 million
(2025: \u00a38.0m).
Deferred tax assets and liabilities are presented in the Group\u2019s balance sheet as follows:
2026 2025
\u00a3m \u00a3m
Deferred tax assets
41.2
38.2
Deferred tax liabilities
(7.1)
(6.7)
Total
34.1
31.5
Deferred income tax assets are recognised for deductible temporary differences to the extent that the realisation of the related tax benefit through future taxable profits is probable.
The deferred tax asset represents mainly UK deductible temporary differences which are
not subject to time expiry. The Group expects to utilise an element of these temporary
differences in its 2026 tax return with all amounts considered to be fully recoverable based
on the latest medium-term financial forecasts. Applying a downside sensitivity test in line
with the Group\u2019s impairment model, it was determined that the EBITDA in the next three
financial years would have to reduce by 10.2% to result in an impairment of the deferred tax
asset. The reason for the improvement in performance is due to the higher pricing levels
agreed with customers which should allow us to cover the increase in input costs as a result
of the Iran crisis.
To the extent that dividends remitted from overseas affiliates are expected to result in
additional taxes, these amounts have been provided for. No deferred tax is recognised
in respect of timing differences associated with the unremitted earnings of overseas
subsidiaries as these are considered permanently employed in the business of these
companies. Unremitted earnings may be liable to overseas taxes and/or UK taxation
(after allowing for double tax relief) if distributed as dividends. The aggregate amount
of temporary differences associated with investments in subsidiaries and associates for
which deferred tax liabilities have not been recognised totalled approximately \u00a30.8 million
at 30 June 2026 (2025: \u00a30.7m).
Unrecognised deferred tax assets
At 30 June 2026, the Group had unused tax losses of \u00a3105.6 million (2025: \u00a395.3m)
available to offset against future profits. No deferred tax asset has been recognised in
respect of \u00a32.0 million (2025: \u00a32.0m) of these losses due to restrictions over accessing
these losses in the future. The majority of these tax losses arise in tax jurisdictions where
they do not expire.
No deferred tax asset has been recognised in relation to the surplus Advanced Corporation
Tax (ACT) of \u00a37.0 million (2025: \u00a37.0m) due to uncertainty as to future ACT capacity and
taxable profits.
", "dimensions": { "concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-601": { "value": "OECD Pillar Two rules The Group has applied the Pillar Two income taxes exemption in IAS 12, so neither recognises nor discloses information about deferred tax assets and liabilities related to Pillar Two income taxes. ", "dimensions": { "concept": "ifrs-full:DisclosureOfKnownOrReasonablyEstimableInformationAboutExposureToPillarTwoIncomeTaxesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-625": { "value": "Deferred tax The movement in the net deferred tax balances during the year was:
Accelerated Retirement
capital Intangible Share-based Tax benefit
allowance assets payments losses obligations Other Total
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
At 1 July 2024
(6.5)
(2.9)
1.6
25.8
7.3
11.5
36.8
(Charge)/credit to profit or loss
(0.6)
0.1
0.6
(2.5)
(1.4)
(1.5)
(5.3)
Credit/(charge) to other comprehensive income
\u2014
\u2014
\u2014
\u2014
0.3
(0.2)
0.1
Credit to equity
\u2014
\u2014
(0.1)
\u2014
\u2014
\u2014
(0.1)
At 30 June 2025
(7.1)
(2.8)
2.1
23.3
6.2
9.8
31.5
(Charge)/credit to profit or loss
(0.1)
\u2014
0.7
2.5
(1.1)
0.2
2.2
(Charge)/credit to other comprehensive income
\u2014
\u2014
\u2014
\u2014
(0.1)
1.7
1.6
Charge to equity
\u2014
\u2014
(1.2)
\u2014
\u2014
\u2014
(1.2)
At 30 June 2026
(7.2)
(2.8)
1.6
25.8
5.0
11.7
34.1
Other deferred tax includes short-term timing differences for Group entities of \u00a32.3 million (2025: \u00a33.2m) and amounts related to corporate interest restriction in the UK of \u00a39.1 million (2025: \u00a38.0m). Deferred tax assets and liabilities are presented in the Group\u2019s balance sheet as follows:
2026 2025
\u00a3m \u00a3m
Deferred tax assets
41.2
38.2
Deferred tax liabilities
(7.1)
(6.7)
Total
34.1
31.5
Deferred income tax assets are recognised for deductible temporary differences to the extent that the realisation of the related tax benefit through future taxable profits is probable. The deferred tax asset represents mainly UK deductible temporary differences which are not subject to time expiry. The Group expects to utilise an element of these temporary differences in its 2026 tax return with all amounts considered to be fully recoverable based on the latest medium-term financial forecasts. Applying a downside sensitivity test in line with the Group\u2019s impairment model, it was determined that the EBITDA in the next three financial years would have to reduce by 10.2% to result in an impairment of the deferred tax asset. The reason for the improvement in performance is due to the higher pricing levels agreed with customers which should allow us to cover the increase in input costs as a result of the Iran crisis. To the extent that dividends remitted from overseas affiliates are expected to result in additional taxes, these amounts have been provided for. No deferred tax is recognised in respect of timing differences associated with the unremitted earnings of overseas subsidiaries as these are considered permanently employed in the business of these companies. Unremitted earnings may be liable to overseas taxes and/or UK taxation (after allowing for double tax relief) if distributed as dividends. The aggregate amount of temporary differences associated with investments in subsidiaries and associates for which deferred tax liabilities have not been recognised totalled approximately \u00a30.8 million at 30 June 2026 (2025: \u00a30.7m). Unrecognised deferred tax assets At 30 June 2026, the Group had unused tax losses of \u00a3105.6 million (2025: \u00a395.3m) available to offset against future profits. No deferred tax asset has been recognised in respect of \u00a32.0 million (2025: \u00a32.0m) of these losses due to restrictions over accessing these losses in the future. The majority of these tax losses arise in tax jurisdictions where they do not expire. No deferred tax asset has been recognised in relation to the surplus Advanced Corporation Tax (ACT) of \u00a37.0 million (2025: \u00a37.0m) due to uncertainty as to future ACT capacity and taxable profits.", "dimensions": { "concept": "ifrs-full:DisclosureOfTaxReceivablesAndPayablesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-602": { "value": "Deferred tax The movement in the net deferred tax balances during the year was:
Accelerated Retirement
capital Intangible Share-based Tax benefit
allowance assets payments losses obligations Other Total
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
At 1 July 2024
(6.5)
(2.9)
1.6
25.8
7.3
11.5
36.8
(Charge)/credit to profit or loss
(0.6)
0.1
0.6
(2.5)
(1.4)
(1.5)
(5.3)
Credit/(charge) to other comprehensive income
\u2014
\u2014
\u2014
\u2014
0.3
(0.2)
0.1
Credit to equity
\u2014
\u2014
(0.1)
\u2014
\u2014
\u2014
(0.1)
At 30 June 2025
(7.1)
(2.8)
2.1
23.3
6.2
9.8
31.5
(Charge)/credit to profit or loss
(0.1)
\u2014
0.7
2.5
(1.1)
0.2
2.2
(Charge)/credit to other comprehensive income
\u2014
\u2014
\u2014
\u2014
(0.1)
1.7
1.6
Charge to equity
\u2014
\u2014
(1.2)
\u2014
\u2014
\u2014
(1.2)
At 30 June 2026
(7.2)
(2.8)
1.6
25.8
5.0
11.7
34.1
Other deferred tax includes short-term timing differences for Group entities of \u00a32.3 million (2025: \u00a33.2m) and amounts related to corporate interest restriction in the UK of \u00a39.1 million (2025: \u00a38.0m). Deferred tax assets and liabilities are presented in the Group\u2019s balance sheet as follows:
2026 2025
\u00a3m \u00a3m
Deferred tax assets
41.2
38.2
Deferred tax liabilities
(7.1)
(6.7)
Total
34.1
31.5
Deferred income tax assets are recognised for deductible temporary differences to the extent that the realisation of the related tax benefit through future taxable profits is probable. The deferred tax asset represents mainly UK deductible temporary differences which are not subject to time expiry. The Group expects to utilise an element of these temporary differences in its 2026 tax return with all amounts considered to be fully recoverable based on the latest medium-term financial forecasts. Applying a downside sensitivity test in line with the Group\u2019s impairment model, it was determined that the EBITDA in the next three financial years would have to reduce by 10.2% to result in an impairment of the deferred tax asset. The reason for the improvement in performance is due to the higher pricing levels agreed with customers which should allow us to cover the increase in input costs as a result of the Iran crisis. To the extent that dividends remitted from overseas affiliates are expected to result in additional taxes, these amounts have been provided for. No deferred tax is recognised in respect of timing differences associated with the unremitted earnings of overseas subsidiaries as these are considered permanently employed in the business of these companies. Unremitted earnings may be liable to overseas taxes and/or UK taxation (after allowing for double tax relief) if distributed as dividends. The aggregate amount of temporary differences associated with investments in subsidiaries and associates for which deferred tax liabilities have not been recognised totalled approximately \u00a30.8 million at 30 June 2026 (2025: \u00a30.7m). Unrecognised deferred tax assets At 30 June 2026, the Group had unused tax losses of \u00a3105.6 million (2025: \u00a395.3m) available to offset against future profits. No deferred tax asset has been recognised in respect of \u00a32.0 million (2025: \u00a32.0m) of these losses due to restrictions over accessing these losses in the future. The majority of these tax losses arise in tax jurisdictions where they do not expire. No deferred tax asset has been recognised in relation to the surplus Advanced Corporation Tax (ACT) of \u00a37.0 million (2025: \u00a37.0m) due to uncertainty as to future ACT capacity and taxable profits.", "dimensions": { "concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-560": { "value": "
10. Earnings per ordinary share
Basic earnings per ordinary share is calculated by dividing the profit for the year
attributable to owners of the Company by the weighted average number of the Company\u2019s
ordinary shares in issue during the financial year. The weighted average number of the
Company\u2019s ordinary shares in issue excludes 6,097,071 shares (2025: 3,587,465 shares),
being the weighted average number of own shares held during the year in relation to
employee share schemes (note 23).
Reference
2026
2025
Weighted average number of ordinary shares in
issue (million)
a
169.7
170.5
Effect of dilutive share options (million)
8.2
8.0
Weighted average number of ordinary shares for
calculating diluted earnings per share (million)
b
177.9
178.5
Diluted earnings per share is calculated by adjusting the weighted average number of ordinary
shares in issue assuming the conversion of all potentially dilutive ordinary shares. Where
potentially dilutive ordinary shares would cause an increase in earnings per share, or a decrease
in loss per share, the diluted loss per share is considered equal to the basic loss per share.
During the year, the Company had equity-settled awards with a nil exercise price that are
potentially dilutive ordinary shares.
Adjusted earnings per share measures are calculated based on profit for the year
attributable to owners of the Company before adjusting items as follows:
2026 2025
Reference \u00a3m \u00a3m
Profit for calculating basic and diluted earnings
per share
c
30.0
33.2
Adjusted for:
Amortisation of intangible assets (note 13)
1.3
1.9
Exceptional items (note 4)
7.6
4.0
Taxation relating to the items above
(2.2)
(1.5)
Profit for calculating adjusted earnings per share
d
36.7
37.6
2026 2025
Reference pence pence
Basic earnings per share
c/a
17.7
19.5
Diluted earnings per share
c/b
16.9
18.6
Adjusted basic earnings per share
d/a
21.6
22.1
Adjusted diluted earnings per share
d/b
20.6
21.1
", "dimensions": { "concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-561": { "value": "
Dividends
Dividends paid and received are included in the Company financial statements in the year
in which the related dividends are actually paid or received or, in respect of the Company\u2019s
final dividend for the year, approved by shareholders.
It is the Board\u2019s intention that any future dividends will be final dividends paid annually in
cash, not by the allotment and issue of B Shares. Consequently, the Board is not seeking
shareholder approval at the 2026 AGM to capitalise reserves for the purposes of issuing
B Shares or to grant Directors the authority to allot such shares. Existing B Shares will
continue to be redeemable but limited to one redemption date in November of each year.
Further details of how to redeem existing B Shares in November 2026 will be announced
in due course. B Shares issued but not redeemed are classified as current liabilities.
The Board confirmed its intention to reinstate annual dividends in February 2025.
A final dividend for the year ended 30 June 2025 of 3.0 pence per ordinary share, costing
approximately \u00a35.2 million, in aggregate, was approved at the 2025 Annual General Meeting
and paid in November 2025.
The Board is recommending a final dividend of 3.1 pence per ordinary share for the year
ended 30 June 2026. This is subject to approval by shareholders at the Company\u2019s 2026
AGM and has therefore not been recognised in these financial statements. If approved,
the recommended final dividend will be paid as a cash dividend on 27 November 2026
to all holders of ordinary shares who are on the register of members on 30 October 2026.
The ordinary shares will be marked as ex-dividend on 29 October 2026.
Other than the final dividend for the year ended 30 June 2025 and the final dividend
for the year ended 30 June 2026 proposed above, no dividend payments to ordinary
shareholders were made or proposed in respect of this year or the prior year.
", "dimensions": { "concept": "ifrs-full:DisclosureOfDividendsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-562": { "value": "
Share buyback/redemptions
On 1 December 2025, the Company commenced a share buyback programme of up to
\u00a320 million in McBride plc ordinary shares. The maximum number of ordinary shares that
may be repurchased by the Company under the programme is 17,401,528. Ordinary shares
repurchased under the share buyback programme will be cancelled.
During the period to 30 June 2026, the Company repurchased 4,479,384 ordinary shares
of 10 pence each, representing approximately 2.5% of the issued ordinary share capital as
at 30 June 2026. The shares were acquired at an average price of 142.6 pence per share,
with prices ranging from 119.6 pence per share to 160 pence per share. The total cost of
\u00a36.4 million, excluding transaction costs, was deducted from equity. At 30 June 2026, all
repurchased shares had been cancelled, with the exception of 228,894 shares which were
cancelled across 1 and 2 July 2026. Since the period end, the Company has repurchased
and cancelled further ordinary shares under the share buyback programme.
Movements in the number of ordinary shares (including treasury shares) outstanding were
as follows:
Authorised, allotted and fully paid
Number
\u00a3m
Ordinary shares of 10 pence each
At 1 July 2024 and 30 June 2025
174,057,328
17.4
Shares issued to EBT
4,502,575
0.4
Shares bought back on-market and cancelled
(4,250,490)
(0.4)
At 30 June 2026
174,309,413
17.4
During the period to 30 June 2026, the Company redeemed certain B Shares. Movements
in the number of B Shares outstanding were as follows:
Number Nominal value
000 \u00a3\u2019000
Issued and fully paid
At 1 July 2024 and 30 June 2025
665,888
666
Redeemed
(71,278)
(71)
At 30 June 2026
594,610
595
B Shares carry no rights to attend, speak or vote at Company meetings, except on a
resolution relating to the winding up of the Company.
", "dimensions": { "concept": "ifrs-full:DisclosureOfTreasurySharesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-563": { "value": "
Employee Benefit Trust (EBT) funding
During the period to 30 June 2026, the EBT purchased 5,282,881 ordinary shares.
The Company provided \u00a36.4 million of funding to the EBT for these purchases, which will
reduce equity dilution in the Company on future vesting of incentive awards. Additionally,
the EBT increased its holding through a subscription of new shares at par value (4,502,575
ordinary shares), totalling \u00a30.4 million.
22. Pensions and other post-employment benefits
Overview
The Group provides a number of post-employment benefit arrangements. In the UK,
the Group operates a closed defined benefit pension scheme and a defined contribution
pension scheme. Elsewhere in Europe, the Group has a number of smaller post-employment
benefit arrangements that are structured to accord with local conditions and practices
in the countries concerned. The Group also recognises the assets and liabilities for all
members of the defined contribution scheme in Belgium, accounting for the whole defined
contribution section as a defined benefit scheme under IAS 19, \u2018Employee Benefits\u2019. There
is a remote risk the underpin will require the Group to pay further contributions to the
scheme.
At 30 June 2026, the Group recognised a deficit on its UK defined benefit pension scheme
of \u00a318.1 million (2025: \u00a323.0m). The Group\u2019s net post-employment benefit obligations
outside the UK amounted to \u00a31.8 million (2025: \u00a31.9m).
Non-governmental collected post-employment benefits had the following effect on the
Group\u2019s results and financial position:
2026 2025
\u00a3m \u00a3m
Profit or loss
Operating profit
Defined contribution schemes
Contributions payable
(3.7)
(3.4)
Defined benefit schemes
Service cost and administrative expenses
(net of employee contributions)
(0.5)
(0.3)
Net charge to operating profit
(4.2)
(3.7)
Finance costs
Net interest cost on defined benefit obligation
(1.2)
(1.2)
Net charge to profit before taxation
(5.4)
(4.9)
Other comprehensive income/(expense)
Defined benefit schemes
Net actuarial gain/(loss)
0.5
(1.2)
2026 2025
\u00a3m \u00a3m
Balance sheet
Defined benefit obligations
UK \u2013 funded
(96.2)
(97.8)
Other
(11.1)
(11.0)
(107.3)
(108.8)
Fair value of scheme assets
UK \u2013 funded
78.1
74.8
Other
9.3
9.1
Deficit on the schemes
(19.9)
(24.9)
Related deferred tax asset (note 9)
5.0
6.2
UK defined benefit pension scheme
(i) Background
In the UK, the Robert McBride Pension Fund (the \u2018Fund\u2019) provides pension benefits
based on the final pensionable salary and period of qualifying service of the participating
employees. The UK defined benefit fund was closed to future service accrual from
29 February 2016. Staff affected by this change were offered a new defined contribution
scheme from that date.
The Trustee of the Fund is Entrust Pension Limited (the \u2018Trustee\u2019), which acts in accordance
with the terms of a governing Trust Deed and relevant legislation. Regular assessments of
the Fund\u2019s benefit obligations are carried out by an independent actuary on behalf of the
Trustee and long-term contribution rates are agreed between the Trustee and the Company
on the basis of the actuary\u2019s recommendations.
Following the triennial valuation as at 31 March 2024, McBride and the Trustee agreed a new
deficit reduction plan based on the scheme funding deficit of \u00a332.3 million. A total amount
of \u00a37.0 million was paid in the year ended 30 June 2025, being a \u00a35.3 million annual deficit
reduction contribution, plus a \u00a31.7 million \u2018one-off\u2019 payment for the removal of the Trustee\u2019s
dividend matching mechanism. It was agreed that, from 1 July 2025, \u00a35.7 million per annum
is payable until 30 June 2028 and, from 1 July 2028, deficit reduction contributions revert
to the previous agreement of 1 October 2024, with \u00a34.0 million payable per annum, plus up
to \u00a31.7 million per annum in conditional profit-related contributions, which are determined
as follows:
\u2022 If adjusted operating profit exceeds \u00a335.0 million, additional annual deficit contributions
of \u00a31.7 million will be due the following year.
\u2022 If adjusted operating profit is below \u00a330.0 million then no profit-related contributions
will be due the following year.
\u2022 If adjusted operating profit is between \u00a330.0 million and \u00a335.0 million, a proportion of
the \u00a31.7 million contribution will be due the following year, with incremental increases
of \u00a30.34 million of additional contributions for each whole \u00a31.0 million of adjusted
operating profit in excess of \u00a330.0 million.
(ii) Assumptions and sensitivities
For accounting purposes, the Fund\u2019s benefit obligation has been calculated based on data
gathered for the 2024 triennial actuarial valuation and by applying assumptions made
by the Company on the advice of an independent actuary in accordance with IAS 19,
\u2018Employee Benefits\u2019, which differ in certain respects from the assumptions made by the
Trustee for the purpose of the actuarial valuation.
The principal assumptions used in calculating the benefit obligation at the end of the year
were as follows:
2026
2025
Discount rate
5.85%
5.50%
Inflation rate:
Retail Prices Index
3.00%
2.95%
Consumer Prices Index
2.50%
2.30%
Revaluation of deferred pensions (in excess of GMP)
Accrued before 6 April 2009
2.50%
2.30%
Accrued on or after 6 April 2009
2.50%
2.30%
Increase in pensions in payment (in excess of GMP)
Accrued before 1 April 2011
2.87%
2.83%
Accrued on or after 1 April 2011
1.95%
1.91%
The duration of the Fund\u2019s liabilities is estimated to be eleven years, i.e. the average time
until a payment is made is eleven years. In practice, the Fund\u2019s liabilities are expected to
continue for upwards of 50 years.
The mortality assumptions are based on a medically underwritten mortality study which
was carried out in 2017 to identify the current health of a sample group of Fund members,
and a postcode analysis for the remainder of the membership. This was translated into
mortality assumptions for use in calculating the IAS 19 scheme liabilities. Specifically, a
rating of 102% (2025: 102%) of the standard Self-Administered Pension Scheme (SAPS)
S2 tables has been used for the IAS 19 disclosures as at 30 June 2026.
In 2026, the future mortality improvement model reflects the Continuous Mortality
Investigation (CMI) 2025 projections with an allowance for long-term rates of improvement
of 1.0% p.a. for males and females (2025: 1.0% p.a. for males and females). The 2025 CMI
model has a smoothing parameter for which the default value of 7.0 (2025: 7.0) has been
adopted. There is also an initial addition parameter for which the default value of 0.00%
(2025: 0.25%) has been adopted. These assumptions are equivalent to a life expectancy at
65 of 21.2 years (2025: 20.9 years) for males and 23.2 years (2025: 23.1 years) for females.
2026 2025
Life expectancies at age 65 for: Years Years
Member retiring in the next year:
Male
21.2
20.9
Female
23.2
23.1
Member retiring 20 years from now:
Male
22.2
21.9
Female
24.4
24.3
At 30 June 2026, the sensitivity of the benefit obligation to changes in the principal
assumptions was as follows (assuming in each case that the other assumptions are
unchanged):
Change in Increase in Decrease in
assumption assumption assumption
Discount rate
+/- 0.1%
Decrease by \u00a31.0m
Increase by \u00a31.0m
Inflation rate
(1)
+/- 0.1%
Increase by \u00a30.7m
Decrease by \u00a30.7m
Life expectancy
+1 year
Increase by \u00a32.8m
n/a
(1) This includes the impact on deferred and in-payment pension increase assumptions.
The assumption sensitivities are reasonable expectations of potential changes in the
assumptions.
(iii) Fund\u2019s assets
The Fund\u2019s assets are held separately from those of the Group and are managed by
professional investment managers on behalf of the Trustee.
The majority of the Fund\u2019s assets are invested on the Schroders platform. Custody of
the Fund\u2019s investment assets is provided through Schroders as part of the platform
arrangements. The Fund\u2019s current investment objective is to achieve a return of gilts plus
2.0% per annum and to hedge 75% of the Fund\u2019s interest rate and inflation exposure on a
Technical Provisions (TP) basis. In addition to the assets held on the Schroders platform,
the Fund also holds assets in private market investments. The Trustee regularly reviews
these holdings and has agreed to maintain the current positions, recognising that these
investments are expected to mature and realise value over time. As proceeds are returned
from these investments, the cash will be distributed back to the Fund and managed in
accordance with the Fund\u2019s overall investment strategy.
The Fund holds no investment in securities issued by, nor any property used by, McBride plc
or any of its subsidiaries. The fair value of the Fund\u2019s assets at the end of the year was as
follows:
2026 Asset 2025 Asset
\u00a3m classification \u00a3m classification
Private markets
14.2
Unquoted
19.3
Unquoted
Liability-driven investment
33.1
Quoted
27.4
Quoted
Credit
8.0
Quoted
23.0
Unquoted
Diversified growth fund
20.9
Quoted
\u2014
Quoted
Cash and cash equivalents
1.9
Quoted
5.1
Quoted
Total
78.1
74.8
All the Fund\u2019s assets are held in pooled funds. The liability-driven investment, cash,
credit and diversified growth assets are classified as Level 2 instruments, as they are not
quoted on any stock exchange, although their value is directly related to the value of the
underlying holdings. The private market credit assets are Level 3 instruments, with no daily
quoted price available.
The expected return on the Fund\u2019s assets must be set to be in line with the discount rate
used to value the Fund\u2019s liabilities. This equates to an expected return over the year of
\u00a34.1 million (2025: \u00a33.8m).
The actual return on the Fund\u2019s assets during the year was a gain of \u00a33.4 million (2025: loss
of \u00a31.7m). This includes a loss on assets in excess of interest income of \u00a30.7 million (2025:
loss of \u00a35.5m), which has resulted from the liability-matching assets in which the Fund
invests.
(iv) Movements in the Fund\u2019s assets and liabilities
Movements in the fair value of the Fund\u2019s assets during the year were as follows:
2026 2025
\u00a3m \u00a3m
At 1 July
74.8
74.1
Expected return on plan assets
4.0
3.8
Loss on assets in excess of interest income on Fund assets
(0.7)
(5.5)
Employer\u2019s contributions
5.7
7.0
Benefits paid
(5.7)
(4.6)
At 30 June
78.1
74.8
Movements in the benefit obligation during the year were as follows:
2026 2025
\u00a3m \u00a3m
At 1 July
(97.8)
(101.6)
Interest cost
(5.2)
(5.1)
Remeasurement gain arising from changes
in financial assumptions
2.8
6.1
Remeasurement (loss)/gain arising from changes
in demographic assumptions
(0.4)
0.2
Experience loss on liabilities
(1.3)
(2.0)
Benefits paid
5.7
4.6
At 30 June
(96.2)
(97.8)
(v) Experience gains and losses
Actuarial gains and losses recognised in other comprehensive income represent the effect
of the differences between the assumptions and actual outcomes.
At 30 June 2026, the cumulative net actuarial loss in relation to the Fund that has been
recognised in other comprehensive income amounted to \u00a353.7 million (2025: \u00a354.2m).
(vi) Impact of NTL vs Virgin Media case, 25 July 2024
In June 2023, the High Court judged that amendments made to the Virgin Media scheme
were invalid because the scheme\u2019s actuary did not provide the associated Section 37
(\u2018S37\u2019) certificate. The High Court\u2019s decision has wide-ranging implications, affecting
other schemes that were contracted out on a salary-related basis and made amendments
between April 1997 and April 2016. The Fund was contracted out until 29 February 2016
and amendments were made during the relevant period. As such, the ruling could have
implications for the Company.
The Pension Schemes Act 2026 (the \u2018Act\u2019), passed into law on 29 April 2026, has
subsequently introduced legislation that provides pension schemes that are missing
necessary S37 certificates a mechanism to obtain retrospective certification. To do so, the
scheme actuary would be required to provide written confirmation that it is reasonable to
conclude that amendments to a pension scheme\u2019s rules within the relevant period would
not have prevented the scheme from continuing to satisfy the reference scheme test. The
Act does not set a deadline for schemes to have used the mechanism by, but the Trustee is
working with the scheme advisers to ensure compliance with the requirements introduced
by the Act. Following the mechanism introduced by the Act to obtain retrospective
confirmations, the Group and the Trustee do not expect the Virgin Media ruling to give rise
to any additional liabilities.
Belgium defined contribution pension scheme
From 1 July 2021, the Group recognised the assets and liabilities for all members of the
defined contribution scheme in Belgium, accounting for the whole defined contribution
section as a defined benefit scheme under IAS 19, \u2018Employee Benefits\u2019. There is a remote
risk the underpin will require the Group to pay further contributions to the scheme. The
scheme was last valued as at 30 June 2025.
", "dimensions": { "concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-564": { "value": "
12. Goodwill
\u00a3m
Cost
At 1 July 2024
35.7
Currency translation differences
0.2
At 30 June 2025
35.9
Currency translation differences
\u2014
At 30 June 2026
35.9
Accumulated impairment
At 1 July 2024
(16.0)
Currency translation differences
(0.1)
At 30 June 2025
(16.1)
Currency translation differences
\u2014
At 30 June 2026
(16.1)
Net book value
At 30 June 2026
19.8
At 30 June 2025
19.8
The Liquids, Unit Dosing, Powders, Aerosols and Asia Pacific businesses have separate
management teams and leadership, and represent the lowest level within the Group at
which goodwill is monitored for internal management purposes.
Carrying amount of goodwill allocated to CGUs:
2026 2025
\u00a3m \u00a3m
Liquids
16.0
16.0
Unit Dosing
3.3
3.3
Powders
0.3
0.3
Asia Pacific
0.2
0.2
At 30 June
19.8
19.8
Impairment tests carried out during the year
Goodwill is tested for impairment annually at the level of the CGU to which it is allocated.
In each of the tests carried out during the current financial year, the recoverable amount of
the CGUs concerned was measured on a value-in-use basis.
Value-in-use represents the present value of the future cash flows that are expected to be
generated by the CGU to which the goodwill is allocated. Management based its cash flow
estimates on the Group\u2019s Board-approved budget for 2027. Cash flows in the following
two years were forecasted by applying assumptions to budgeted sales, production costs
and overheads. Aggregate cash flows beyond the third year were estimated by applying
a perpetuity growth rate to the forecast cash flow in the third year that was based on
long-term growth rates for the CGU\u2019s products in its end markets.
Management estimates sales growth for each CGU based on forecasts of the future volume
of the end markets for the CGU\u2019s products.
The cost of material inputs and other direct and indirect costs is estimated based on
current prices and market expectations of future price changes. Beyond the budget year,
unless there are reasons to suggest otherwise, management assumes that future changes
in material input prices are reflected in the price of the Group\u2019s products. General cost
inflation is based on management\u2019s expectations of cost increases in the business.
Liquids is the sole CGU to which significant goodwill is allocated.
In order to forecast growth beyond the detailed cash flows into perpetuity for the Liquids
CGU, a long-term average growth rate of 1.5% (2025: 1.5%) has been applied. The rate
is based on a weighted average of country-specific rates that are not greater than the
published International Monetary Fund average growth rates in gross domestic product
in the territories in which the Liquids CGU operates.
The discount rate applied to the cash flow projections of the Liquids CGU was determined
using a capital asset pricing model and reflected current market interest rates, relevant
equity and size risk premiums and the risks specific to the Liquids CGU. The pre-tax
discount rate used in calculating the value-in-use of the Liquids CGU in the current year
was 11.1% (2025: 11.3%).
Sensitivity analysis
A sensitivity analysis has been performed, focusing on the change required in long-term
average growth rates, discount rates and forecast revenue and margin assumptions that
would give rise to an impairment.
In the case of the Liquids CGU, sensitivities that result in the recoverable amount equalling
the carrying value were:
\u2022 a decrease in long-term average growth rates to a negative growth rate of 19.7%;
\u2022 an increase in pre-tax discount rates of 16.3ppts;
\u2022 a reduction in forecast revenue of 14.7%; or
\u2022 a reduction in forecast margins of 3.8ppts.
None of the above scenarios are considered reasonably possible.
Based on the impairment reviews performed, no impairment has been identified.
13. Other intangible assets
Patents,
brands and Computer Customer Assets under
trademarks software relationships Other
development
(1)
Total
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Cost
At 1 July 2024
1.7
15.5
3.5
9.8
\u2014
30.5
Additions
\u2014
\u2014
\u2014
0.5
9.9
10.4
Transfers
\u2014
0.7
\u2014
\u2014
(0.7)
\u2014
Reclassification
(1)
\u2014
\u2014
\u2014
(6.0)
6.0
\u2014
At 30 June 2025
1.7
16.2
3.5
4.3
15.2
40.9
Additions
\u2014
\u2014
\u2014
0.1
11.1
11.2
Transfers
\u2014
0.2
\u2014
\u2014
(0.2)
\u2014
Currency translation differences
\u2014
\u2014
0.1
\u2014
\u2014
0.1
At 30 June 2026
1.7
16.4
3.6
4.4
26.1
52.2
Accumulated amortisation and impairment
At 1 July 2024
(1.7)
(12.0)
(3.0)
(4.0)
\u2014
(20.7)
Charge for the year
\u2014
(1.3)
(0.4)
(0.2)
\u2014
(1.9)
At 30 June 2025
(1.7)
(13.3)
(3.4)
(4.2)
\u2014
(22.6)
Charge for the year
\u2014
(1.1)
(0.1)
(0.1)
\u2014
(1.3)
Disposals
\u2014
\u2014
\u2014
0.1
\u2014
0.1
Currency translation differences
\u2014
\u2014
(0.1)
\u2014
\u2014
(0.1)
At 30 June 2026
(1.7)
(14.4)
(3.6)
(4.2)
\u2014
(23.9)
Net book value
At 30 June 2026
\u2014
2.0
\u2014
0.2
26.1
28.3
At 30 June 2025
\u2014
2.9
0.1
0.1
15.2
18.3
(1) Asset category \u2018Assets under development\u2019 established in the prior year to identify separately amounts relating to intangible assets under development, not yet being amortised. The reclassification of such assets is disclosed
on this line. Assets under development consist mainly of computer software under development.
", "dimensions": { "concept": "ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-603": { "value": "12. Goodwill
\u00a3m
Cost
At 1 July 2024
35.7
Currency translation differences
0.2
At 30 June 2025
35.9
Currency translation differences
\u2014
At 30 June 2026
35.9
Accumulated impairment
At 1 July 2024
(16.0)
Currency translation differences
(0.1)
At 30 June 2025
(16.1)
Currency translation differences
\u2014
At 30 June 2026
(16.1)
Net book value
At 30 June 2026
19.8
At 30 June 2025
19.8
The Liquids, Unit Dosing, Powders, Aerosols and Asia Pacific businesses have separate management teams and leadership, and represent the lowest level within the Group at which goodwill is monitored for internal management purposes. Carrying amount of goodwill allocated to CGUs:
2026 2025
\u00a3m \u00a3m
Liquids
16.0
16.0
Unit Dosing
3.3
3.3
Powders
0.3
0.3
Asia Pacific
0.2
0.2
At 30 June
19.8
19.8
Impairment tests carried out during the year Goodwill is tested for impairment annually at the level of the CGU to which it is allocated. In each of the tests carried out during the current financial year, the recoverable amount of the CGUs concerned was measured on a value-in-use basis. Value-in-use represents the present value of the future cash flows that are expected to be generated by the CGU to which the goodwill is allocated. Management based its cash flow estimates on the Group\u2019s Board-approved budget for 2027. Cash flows in the following two years were forecasted by applying assumptions to budgeted sales, production costs and overheads. Aggregate cash flows beyond the third year were estimated by applying a perpetuity growth rate to the forecast cash flow in the third year that was based on long-term growth rates for the CGU\u2019s products in its end markets. Management estimates sales growth for each CGU based on forecasts of the future volume of the end markets for the CGU\u2019s products. The cost of material inputs and other direct and indirect costs is estimated based on current prices and market expectations of future price changes. Beyond the budget year, unless there are reasons to suggest otherwise, management assumes that future changes in material input prices are reflected in the price of the Group\u2019s products. General cost inflation is based on management\u2019s expectations of cost increases in the business. Liquids is the sole CGU to which significant goodwill is allocated. In order to forecast growth beyond the detailed cash flows into perpetuity for the Liquids CGU, a long-term average growth rate of 1.5% (2025: 1.5%) has been applied. The rate is based on a weighted average of country-specific rates that are not greater than the published International Monetary Fund average growth rates in gross domestic product in the territories in which the Liquids CGU operates. The discount rate applied to the cash flow projections of the Liquids CGU was determined using a capital asset pricing model and reflected current market interest rates, relevant equity and size risk premiums and the risks specific to the Liquids CGU. The pre-tax discount rate used in calculating the value-in-use of the Liquids CGU in the current year was 11.1% (2025: 11.3%). Sensitivity analysis A sensitivity analysis has been performed, focusing on the change required in long-term average growth rates, discount rates and forecast revenue and margin assumptions that would give rise to an impairment. In the case of the Liquids CGU, sensitivities that result in the recoverable amount equalling the carrying value were: \u2022 a decrease in long-term average growth rates to a negative growth rate of 19.7%; \u2022 an increase in pre-tax discount rates of 16.3ppts; \u2022 a reduction in forecast revenue of 14.7%; or \u2022 a reduction in forecast margins of 3.8ppts. None of the above scenarios are considered reasonably possible. Based on the impairment reviews performed, no impairment has been identified. ", "dimensions": { "concept": "ifrs-full:DisclosureOfGoodwillExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-604": { "value": "13. Other intangible assets
Patents,
brands and Computer Customer Assets under
trademarks software relationships Other
development
(1)
Total
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Cost
At 1 July 2024
1.7
15.5
3.5
9.8
\u2014
30.5
Additions
\u2014
\u2014
\u2014
0.5
9.9
10.4
Transfers
\u2014
0.7
\u2014
\u2014
(0.7)
\u2014
Reclassification
(1)
\u2014
\u2014
\u2014
(6.0)
6.0
\u2014
At 30 June 2025
1.7
16.2
3.5
4.3
15.2
40.9
Additions
\u2014
\u2014
\u2014
0.1
11.1
11.2
Transfers
\u2014
0.2
\u2014
\u2014
(0.2)
\u2014
Currency translation differences
\u2014
\u2014
0.1
\u2014
\u2014
0.1
At 30 June 2026
1.7
16.4
3.6
4.4
26.1
52.2
Accumulated amortisation and impairment
At 1 July 2024
(1.7)
(12.0)
(3.0)
(4.0)
\u2014
(20.7)
Charge for the year
\u2014
(1.3)
(0.4)
(0.2)
\u2014
(1.9)
At 30 June 2025
(1.7)
(13.3)
(3.4)
(4.2)
\u2014
(22.6)
Charge for the year
\u2014
(1.1)
(0.1)
(0.1)
\u2014
(1.3)
Disposals
\u2014
\u2014
\u2014
0.1
\u2014
0.1
Currency translation differences
\u2014
\u2014
(0.1)
\u2014
\u2014
(0.1)
At 30 June 2026
(1.7)
(14.4)
(3.6)
(4.2)
\u2014
(23.9)
Net book value
At 30 June 2026
\u2014
2.0
\u2014
0.2
26.1
28.3
At 30 June 2025
\u2014
2.9
0.1
0.1
15.2
18.3
(1) Asset category \u2018Assets under development\u2019 established in the prior year to identify separately amounts relating to intangible assets under development, not yet being amortised. The reclassification of such assets is disclosed on this line. Assets under development consist mainly of computer software under development.", "dimensions": { "concept": "ifrs-full:DisclosureOfIntangibleAssetsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-565": { "value": "
14. Property, plant and equipment
Assets
in the
Land and Plant and course of
buildings equipment construction Total
\u00a3m \u00a3m \u00a3m \u00a3m
Cost
At 1 July 2024
97.9
314.6
10.5
423.0
Additions
0.5
5.6
14.2
20.3
Disposals
(0.2)
(7.1)
\u2014
(7.3)
Transfers
0.9
14.9
(15.8)
\u2014
Currency translation differences
1.0
3.5
0.1
4.6
At 30 June 2025
100.1
331.5
9.0
440.6
Additions
0.7
12.4
6.7
19.8
Disposals
(0.1)
(8.3)
\u2014
(8.4)
Transfers
0.2
7.6
(7.8)
\u2014
Currency translation differences
0.5
2.0
\u2014
2.5
At 30 June 2026
101.4
345.2
7. 9
454.5
Accumulated depreciation and impairment
At 1 July 2024
(56.4)
(252.2)
\u2014
(308.6)
Charge for the year
(1.0)
(14.8)
\u2014
(15.8)
Disposals
0.2
6.7
\u2014
6.9
Reversal of impairment
\u2014
0.6
\u2014
0.6
Transfers
(0.3)
0.3
\u2014
\u2014
Currency translation differences
(0.7)
(2.7)
\u2014
(3.4)
At 30 June 2025
(58.2)
(262.1)
\u2014
(320.3)
Charge for the year
(2.1)
(14.8)
\u2014
(16.9)
Disposals
0.1
7.9
\u2014
8.0
Impairment
\u2014
(0.1)
\u2014
(0.1)
Currency translation differences
(0.2)
(1.5)
\u2014
(1.7)
At 30 June 2026
(60.4)
(270.6)
\u2014
(331.0)
Net book value
At 30 June 2026
41.0
74.6
7.9
123.5
At 30 June 2025
41.9
69.4
9.0
120.3
The land and buildings category includes land of \u00a32.6 million (2025: \u00a32.6m) which is not depreciated.
", "dimensions": { "concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-566": { "value": "
15. Leases
Most of the Group\u2019s leases are associated with leased properties, plant and machinery; for example, forklift trucks and vehicles.
The movements in the right-of-use assets were as follows:
Plant and
Buildings machinery Vehicles Other Total
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Right-of-use assets
Net book value at 1 July 2024
2.2
3.9
1.5
0.5
8.1
New leases recognised
\u2014
1.4
2.1
0.1
3.6
Currency translation differences
\u2014
\u2014
0.1
\u2014
0.1
Transfers
0.5
(0.2)
(0.2)
(0.1)
\u2014
Depreciation
(1.0)
(1.6)
(1.1)
(0.2)
(3.9)
Net book value at 30 June 2025
1.7
3.5
2.4
0.3
7.9
New leases recognised
0.1
0.4
1.3
\u2014
1.8
Currency translation differences
0.1
\u2014
\u2014
\u2014
0.1
Transfers
\u2014
(0.4)
0.4
\u2014
\u2014
Depreciation
(0.9)
(1.8)
(1.3)
(0.1)
(4.1)
Net book value at 30 June 2026
1.0
1.7
2.8
0.2
5.7
The movements in the lease liabilities were as follows:
Total
\u00a3m
Lease liabilities
At 1 July 2024
8.4
New leases recognised
3.6
Lease payments
(4.2)
Currency translation differences
0.1
Finance costs (note 8)
0.4
At 30 June 2025
8.3
New leases recognised
1.8
Lease payments
(4.5)
Currency translation differences
0.1
Finance costs (note 8)
0.4
At 30 June 2026
6.1
2026 2025
\u00a3m \u00a3m
Analysed as:
Amounts falling due within twelve months
2.2
3.7
Amounts falling due after one year
3.9
4.6
6.1
8.3
Note 20 presents a maturity analysis of the payments due over the remaining lease term
for those liabilities currently recognised on the balance sheet. This analysis only includes
payments to be made over the reasonably certain lease term. Cash outflows may exceed
these amounts as payments may be made in optional periods that are not currently
considered to be reasonably certain and, in respect of leases, entered into in future periods.
For the year ended 30 June 2026, expenses for short-term and low-value leases were
incurred as follows:
2026 2025
\u00a3m \u00a3m
Expenses relating to short-term leases
0.1
0.2
Expenses relating to leases of low-value assets
not shown as short-term leases above
0.2
0.1
Total
0.3
0.3
At 30 June 2026, the Group was committed to future minimum lease payments of
\u00a30.5 million (2025: \u00a30.5m) in respect of leases which have not yet commenced and for
which no lease liability has been recognised.
", "dimensions": { "concept": "ifrs-full:DisclosureOfLeasesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-605": { "value": "15. Leases Most of the Group\u2019s leases are associated with leased properties, plant and machinery; for example, forklift trucks and vehicles. The movements in the right-of-use assets were as follows:
Plant and
Buildings machinery Vehicles Other Total
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Right-of-use assets
Net book value at 1 July 2024
2.2
3.9
1.5
0.5
8.1
New leases recognised
\u2014
1.4
2.1
0.1
3.6
Currency translation differences
\u2014
\u2014
0.1
\u2014
0.1
Transfers
0.5
(0.2)
(0.2)
(0.1)
\u2014
Depreciation
(1.0)
(1.6)
(1.1)
(0.2)
(3.9)
Net book value at 30 June 2025
1.7
3.5
2.4
0.3
7.9
New leases recognised
0.1
0.4
1.3
\u2014
1.8
Currency translation differences
0.1
\u2014
\u2014
\u2014
0.1
Transfers
\u2014
(0.4)
0.4
\u2014
\u2014
Depreciation
(0.9)
(1.8)
(1.3)
(0.1)
(4.1)
Net book value at 30 June 2026
1.0
1.7
2.8
0.2
5.7
The movements in the lease liabilities were as follows:
Total
\u00a3m
Lease liabilities
At 1 July 2024
8.4
New leases recognised
3.6
Lease payments
(4.2)
Currency translation differences
0.1
Finance costs (note 8)
0.4
At 30 June 2025
8.3
New leases recognised
1.8
Lease payments
(4.5)
Currency translation differences
0.1
Finance costs (note 8)
0.4
At 30 June 2026
6.1
2026 2025
\u00a3m \u00a3m
Analysed as:
Amounts falling due within twelve months
2.2
3.7
Amounts falling due after one year
3.9
4.6
6.1
8.3
Note 20 presents a maturity analysis of the payments due over the remaining lease term for those liabilities currently recognised on the balance sheet. This analysis only includes payments to be made over the reasonably certain lease term. Cash outflows may exceed these amounts as payments may be made in optional periods that are not currently considered to be reasonably certain and, in respect of leases, entered into in future periods. For the year ended 30 June 2026, expenses for short-term and low-value leases were incurred as follows:
2026 2025
\u00a3m \u00a3m
Expenses relating to short-term leases
0.1
0.2
Expenses relating to leases of low-value assets
not shown as short-term leases above
0.2
0.1
Total
0.3
0.3
At 30 June 2026, the Group was committed to future minimum lease payments of \u00a30.5 million (2025: \u00a30.5m) in respect of leases which have not yet commenced and for which no lease liability has been recognised.", "dimensions": { "concept": "ifrs-full:DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-567": { "value": "
16. Inventories
2026 2025
\u00a3m \u00a3m
Raw materials, packaging and consumables
64.3
58.5
Finished goods and goods for resale
68.3
64.9
Total
132.6
123.4
Inventories are stated net of an allowance of \u00a310.1 million (2025: \u00a39.6m) in respect of
excess, obsolete or slow-moving items. Movements in the allowance were as follows:
2026 2025
\u00a3m \u00a3m
At 1 July
(9.6)
(10.3)
Utilisation
3.6
3.2
Charged to profit or loss
(4.0)
(2.4)
Currency translation differences
(0.1)
(0.1)
At 30 June
(10.1)
(9.6)
The cost of inventories recognised in cost of sales as an expense amounted to \u00a3587.9
million (2025: \u00a3583.0m). The cost of inventories including direct material costs only
(note 7) is \u00a3516.7 million (2025: \u00a3515.2m).
", "dimensions": { "concept": "ifrs-full:DisclosureOfInventoriesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-568": { "value": "
17. Trade and other receivables
2026 2025
\u00a3m \u00a3m
Trade receivables
123.4
124.9
Less: provision for impairment of trade receivables
(1.3)
(1.7)
Trade receivables \u2013 net
122.1
123.2
Other receivables
15.4
10.9
Prepayments and accrued income
4.7
5.0
Total
142.2
139.1
Trade receivables amounting to \u00a373.6 million (2025: \u00a367.8m) are secured under the invoice
discounting facilities described in note 20.
Other receivables primarily consist of supplier rebates and recoverable VAT.
Trade terms are a maximum of 140 days of credit (2025: 140 days).
Due to their short-term nature, the fair value of trade and other receivables does not differ
from the book value.
The impairment of trade receivables charged to the income statement was \u00a31.0 million
(2025: \u00a30.4m). There are no impairments of any receivables other than trade receivables.
Trade receivables are regularly reviewed for bad and doubtful debts. Bad debts are written off and an allowance is established based on the expected credit loss model. The expected loss
rates are based on payment profiles of sales over a period of three years before 30 June 2026 or 30 June 2025, respectively, and the corresponding historical credit losses experienced
within this period adjusted for forward-looking factors specific to the debtors and the economic environment.
On that basis, the credit loss allowance as at 30 June 2026 and 30 June 2025 was determined as follows:
More than More than More than More than
30 days 60 days 90 days 180 days
30 June 2026
Current
past due past due past due
past due
Total
Expected loss rate
0.0%
0.0%
0.0%
0.0%
36.1%
Gross carrying amount (\u00a3m)
120.4
1.0
0.6
0.5
0.9
123.4
Credit loss allowance (\u00a3m)
\u2014
\u2014
\u2014
\u2014
0.3
0.3
More than More than More than More than
30 days 60 days 90 days 180 days
30 June 2025
Current
past due past due past due
past due
Total
Expected loss rate
0.0%
0.0%
0.0%
0.0%
38.0%
Gross carrying amount (\u00a3m)
123.5
0.4
0.1
0.3
0.6
124.9
Credit loss allowance (\u00a3m)
\u2014
\u2014
\u2014
\u2014
0.2
0.2
In addition to the credit loss allowance, the provision for impairment of trade receivables includes \u00a31.0 million (2025: \u00a31.5m) of credit note provisions.
Movements in the allowance for doubtful debts were as follows:
2026 2025
\u00a3m \u00a3m
At 1 July
(1.7)
(3.6)
Utilisation
1.4
2.3
Charged
(1.0)
(0.4)
At 30 June
(1.3)
(1.7)
Trade receivables are written off where there is no reasonable expectation of recovery. Indicators that there is no reasonable expectation of recovery include, amongst others, the failure
of a debtor to engage in a repayment plan with the Group, or a failure to make contractual payments for a period greater than 365 days past due. Impairment losses on trade receivables
are presented as net impairment losses within operating profit. Subsequent recoveries of amounts previously written off are credited against the same line item.
The gross amounts of trade receivables are denominated in the following currencies:
2026 2025
\u00a3m \u00a3m
Sterling
17.4
15.8
Euro
88.4
90.9
Polish Zloty
1.3
1.8
Danish Krone
10.1
12.0
Malaysian Ringgit
3.6
2.8
Other
2.6
1.6
123.4
124.9
Trade receivables are generally not interest bearing.
", "dimensions": { "concept": "ifrs-full:DisclosureOfOtherAssetsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-639": { "value": "17. Trade and other receivables
2026 2025
\u00a3m \u00a3m
Trade receivables
123.4
124.9
Less: provision for impairment of trade receivables
(1.3)
(1.7)
Trade receivables \u2013 net
122.1
123.2
Other receivables
15.4
10.9
Prepayments and accrued income
4.7
5.0
Total
142.2
139.1
Trade receivables amounting to \u00a373.6 million (2025: \u00a367.8m) are secured under the invoice discounting facilities described in note 20. Other receivables primarily consist of supplier rebates and recoverable VAT. Trade terms are a maximum of 140 days of credit (2025: 140 days). Due to their short-term nature, the fair value of trade and other receivables does not differ from the book value. The impairment of trade receivables charged to the income statement was \u00a31.0 million (2025: \u00a30.4m). There are no impairments of any receivables other than trade receivables. Trade receivables are regularly reviewed for bad and doubtful debts. Bad debts are written off and an allowance is established based on the expected credit loss model. The expected loss rates are based on payment profiles of sales over a period of three years before 30 June 2026 or 30 June 2025, respectively, and the corresponding historical credit losses experienced within this period adjusted for forward-looking factors specific to the debtors and the economic environment. On that basis, the credit loss allowance as at 30 June 2026 and 30 June 2025 was determined as follows:
More than More than More than More than
30 days 60 days 90 days 180 days
30 June 2026
Current
past due past due past due
past due
Total
Expected loss rate
0.0%
0.0%
0.0%
0.0%
36.1%
Gross carrying amount (\u00a3m)
120.4
1.0
0.6
0.5
0.9
123.4
Credit loss allowance (\u00a3m)
\u2014
\u2014
\u2014
\u2014
0.3
0.3
More than More than More than More than
30 days 60 days 90 days 180 days
30 June 2025
Current
past due past due past due
past due
Total
Expected loss rate
0.0%
0.0%
0.0%
0.0%
38.0%
Gross carrying amount (\u00a3m)
123.5
0.4
0.1
0.3
0.6
124.9
Credit loss allowance (\u00a3m)
\u2014
\u2014
\u2014
\u2014
0.2
0.2
In addition to the credit loss allowance, the provision for impairment of trade receivables includes \u00a31.0 million (2025: \u00a31.5m) of credit note provisions. Movements in the allowance for doubtful debts were as follows:
2026 2025
\u00a3m \u00a3m
At 1 July
(1.7)
(3.6)
Utilisation
1.4
2.3
Charged
(1.0)
(0.4)
At 30 June
(1.3)
(1.7)
Trade receivables are written off where there is no reasonable expectation of recovery. Indicators that there is no reasonable expectation of recovery include, amongst others, the failure of a debtor to engage in a repayment plan with the Group, or a failure to make contractual payments for a period greater than 365 days past due. Impairment losses on trade receivables are presented as net impairment losses within operating profit. Subsequent recoveries of amounts previously written off are credited against the same line item. The gross amounts of trade receivables are denominated in the following currencies:
2026 2025
\u00a3m \u00a3m
Sterling
17.4
15.8
Euro
88.4
90.9
Polish Zloty
1.3
1.8
Danish Krone
10.1
12.0
Malaysian Ringgit
3.6
2.8
Other
2.6
1.6
123.4
124.9
Trade receivables are generally not interest bearing.", "dimensions": { "concept": "ifrs-full:DisclosureOfPrepaymentsAndOtherAssetsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-626": { "value": "17. Trade and other receivables
2026 2025
\u00a3m \u00a3m
Trade receivables
123.4
124.9
Less: provision for impairment of trade receivables
(1.3)
(1.7)
Trade receivables \u2013 net
122.1
123.2
Other receivables
15.4
10.9
Prepayments and accrued income
4.7
5.0
Total
142.2
139.1
Trade receivables amounting to \u00a373.6 million (2025: \u00a367.8m) are secured under the invoice discounting facilities described in note 20. Other receivables primarily consist of supplier rebates and recoverable VAT. Trade terms are a maximum of 140 days of credit (2025: 140 days). Due to their short-term nature, the fair value of trade and other receivables does not differ from the book value. The impairment of trade receivables charged to the income statement was \u00a31.0 million (2025: \u00a30.4m). There are no impairments of any receivables other than trade receivables. Trade receivables are regularly reviewed for bad and doubtful debts. Bad debts are written off and an allowance is established based on the expected credit loss model. The expected loss rates are based on payment profiles of sales over a period of three years before 30 June 2026 or 30 June 2025, respectively, and the corresponding historical credit losses experienced within this period adjusted for forward-looking factors specific to the debtors and the economic environment. On that basis, the credit loss allowance as at 30 June 2026 and 30 June 2025 was determined as follows:
More than More than More than More than
30 days 60 days 90 days 180 days
30 June 2026
Current
past due past due past due
past due
Total
Expected loss rate
0.0%
0.0%
0.0%
0.0%
36.1%
Gross carrying amount (\u00a3m)
120.4
1.0
0.6
0.5
0.9
123.4
Credit loss allowance (\u00a3m)
\u2014
\u2014
\u2014
\u2014
0.3
0.3
More than More than More than More than
30 days 60 days 90 days 180 days
30 June 2025
Current
past due past due past due
past due
Total
Expected loss rate
0.0%
0.0%
0.0%
0.0%
38.0%
Gross carrying amount (\u00a3m)
123.5
0.4
0.1
0.3
0.6
124.9
Credit loss allowance (\u00a3m)
\u2014
\u2014
\u2014
\u2014
0.2
0.2
In addition to the credit loss allowance, the provision for impairment of trade receivables includes \u00a31.0 million (2025: \u00a31.5m) of credit note provisions. Movements in the allowance for doubtful debts were as follows:
2026 2025
\u00a3m \u00a3m
At 1 July
(1.7)
(3.6)
Utilisation
1.4
2.3
Charged
(1.0)
(0.4)
At 30 June
(1.3)
(1.7)
Trade receivables are written off where there is no reasonable expectation of recovery. Indicators that there is no reasonable expectation of recovery include, amongst others, the failure of a debtor to engage in a repayment plan with the Group, or a failure to make contractual payments for a period greater than 365 days past due. Impairment losses on trade receivables are presented as net impairment losses within operating profit. Subsequent recoveries of amounts previously written off are credited against the same line item. The gross amounts of trade receivables are denominated in the following currencies:
2026 2025
\u00a3m \u00a3m
Sterling
17.4
15.8
Euro
88.4
90.9
Polish Zloty
1.3
1.8
Danish Krone
10.1
12.0
Malaysian Ringgit
3.6
2.8
Other
2.6
1.6
123.4
124.9
Trade receivables are generally not interest bearing.", "dimensions": { "concept": "ifrs-full:DisclosureOfAllowanceForCreditLossesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-606": { "value": "17. Trade and other receivables
2026 2025
\u00a3m \u00a3m
Trade receivables
123.4
124.9
Less: provision for impairment of trade receivables
(1.3)
(1.7)
Trade receivables \u2013 net
122.1
123.2
Other receivables
15.4
10.9
Prepayments and accrued income
4.7
5.0
Total
142.2
139.1
Trade receivables amounting to \u00a373.6 million (2025: \u00a367.8m) are secured under the invoice discounting facilities described in note 20. Other receivables primarily consist of supplier rebates and recoverable VAT. Trade terms are a maximum of 140 days of credit (2025: 140 days). Due to their short-term nature, the fair value of trade and other receivables does not differ from the book value. The impairment of trade receivables charged to the income statement was \u00a31.0 million (2025: \u00a30.4m). There are no impairments of any receivables other than trade receivables. Trade receivables are regularly reviewed for bad and doubtful debts. Bad debts are written off and an allowance is established based on the expected credit loss model. The expected loss rates are based on payment profiles of sales over a period of three years before 30 June 2026 or 30 June 2025, respectively, and the corresponding historical credit losses experienced within this period adjusted for forward-looking factors specific to the debtors and the economic environment. On that basis, the credit loss allowance as at 30 June 2026 and 30 June 2025 was determined as follows:
More than More than More than More than
30 days 60 days 90 days 180 days
30 June 2026
Current
past due past due past due
past due
Total
Expected loss rate
0.0%
0.0%
0.0%
0.0%
36.1%
Gross carrying amount (\u00a3m)
120.4
1.0
0.6
0.5
0.9
123.4
Credit loss allowance (\u00a3m)
\u2014
\u2014
\u2014
\u2014
0.3
0.3
More than More than More than More than
30 days 60 days 90 days 180 days
30 June 2025
Current
past due past due past due
past due
Total
Expected loss rate
0.0%
0.0%
0.0%
0.0%
38.0%
Gross carrying amount (\u00a3m)
123.5
0.4
0.1
0.3
0.6
124.9
Credit loss allowance (\u00a3m)
\u2014
\u2014
\u2014
\u2014
0.2
0.2
In addition to the credit loss allowance, the provision for impairment of trade receivables includes \u00a31.0 million (2025: \u00a31.5m) of credit note provisions. Movements in the allowance for doubtful debts were as follows:
2026 2025
\u00a3m \u00a3m
At 1 July
(1.7)
(3.6)
Utilisation
1.4
2.3
Charged
(1.0)
(0.4)
At 30 June
(1.3)
(1.7)
Trade receivables are written off where there is no reasonable expectation of recovery. Indicators that there is no reasonable expectation of recovery include, amongst others, the failure of a debtor to engage in a repayment plan with the Group, or a failure to make contractual payments for a period greater than 365 days past due. Impairment losses on trade receivables are presented as net impairment losses within operating profit. Subsequent recoveries of amounts previously written off are credited against the same line item. The gross amounts of trade receivables are denominated in the following currencies:
2026 2025
\u00a3m \u00a3m
Sterling
17.4
15.8
Euro
88.4
90.9
Polish Zloty
1.3
1.8
Danish Krone
10.1
12.0
Malaysian Ringgit
3.6
2.8
Other
2.6
1.6
123.4
124.9
Trade receivables are generally not interest bearing.", "dimensions": { "concept": "ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-569": { "value": "
18. Trade and other payables
2026 2025
\u00a3m \u00a3m
Current liabilities
Trade payables
171.9
176.8
Taxation and social security
5.1
3.6
Other payables
27.0
26.0
Accrued expenses
14.8
18.8
Deferred income
1.5
2.1
B Shares (note 11)
0.6
0.7
Total
220.9
228.0
Trade payables are generally not interest bearing. The Directors consider the carrying amount of trade and other payables to approximate their fair values.
", "dimensions": { "concept": "ifrs-full:DisclosureOfOtherLiabilitiesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-644": { "value": "18. Trade and other payables
2026 2025
\u00a3m \u00a3m
Current liabilities
Trade payables
171.9
176.8
Taxation and social security
5.1
3.6
Other payables
27.0
26.0
Accrued expenses
14.8
18.8
Deferred income
1.5
2.1
B Shares (note 11)
0.6
0.7
Total
220.9
228.0
Trade payables are generally not interest bearing. The Directors consider the carrying amount of trade and other payables to approximate their fair values.", "dimensions": { "concept": "ifrs-full:DisclosureOfDeferredIncomeExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-640": { "value": "18. Trade and other payables
2026 2025
\u00a3m \u00a3m
Current liabilities
Trade payables
171.9
176.8
Taxation and social security
5.1
3.6
Other payables
27.0
26.0
Accrued expenses
14.8
18.8
Deferred income
1.5
2.1
B Shares (note 11)
0.6
0.7
Total
220.9
228.0
Trade payables are generally not interest bearing. The Directors consider the carrying amount of trade and other payables to approximate their fair values.", "dimensions": { "concept": "ifrs-full:DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-627": { "value": "18. Trade and other payables
2026 2025
\u00a3m \u00a3m
Current liabilities
Trade payables
171.9
176.8
Taxation and social security
5.1
3.6
Other payables
27.0
26.0
Accrued expenses
14.8
18.8
Deferred income
1.5
2.1
B Shares (note 11)
0.6
0.7
Total
220.9
228.0
Trade payables are generally not interest bearing. The Directors consider the carrying amount of trade and other payables to approximate their fair values.", "dimensions": { "concept": "ifrs-full:DisclosureOfOtherCurrentLiabilitiesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-607": { "value": "18. Trade and other payables
2026 2025
\u00a3m \u00a3m
Current liabilities
Trade payables
171.9
176.8
Taxation and social security
5.1
3.6
Other payables
27.0
26.0
Accrued expenses
14.8
18.8
Deferred income
1.5
2.1
B Shares (note 11)
0.6
0.7
Total
220.9
228.0
Trade payables are generally not interest bearing. The Directors consider the carrying amount of trade and other payables to approximate their fair values.", "dimensions": { "concept": "ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-570": { "value": "
19. Borrowings
Borrowings may be analysed as follows:
2026
2025
Current Non-current Total Current Non-current Total
liabilities liabilities liabilities liabilities liabilities liabilities
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Bank and other loans:
Invoice discounting facilities (note 20)
73.6
\u2014
73.6
67.8
\u2014
67.8
Total secured borrowings
73.6
\u2014
73.6
67.8
\u2014
67.8
Overdrafts
3.2
\u2014
3.2
2.0
\u2014
2.0
Bank and other loans:
Unsecured loans
\u2014
105.1
105.1
\u2014
61.3
61.3
Lease liabilities
2.2
3.9
6.1
3.7
4.6
8.3
Total unsecured borrowings
5.4
109.0
114.4
5.7
65.9
71.6
Total borrowings
79.0
109.0
188.0
73.5
65.9
139.4
Bank and other loans are repayable as follows:
2026 2025
\u00a3m \u00a3m
Within one year
73.6
67.8
Between one and two years
\u2014
\u2014
Between two and five years
105.1
61.3
Total
178.7
129.1
Details of the Group\u2019s bank facilities are presented in note 20. Amounts payable under leases are presented in notes 15 and 20.
The carrying amounts of assets pledged as security for current and non-current borrowings are:
2026 2025
\u00a3m \u00a3m
Current
Floating charge
Receivables
73.6
67.8
Total current assets pledged as security
73.6
67.8
Total non-current assets pledged as security
\u2014
\u2014
Total assets pledged as security
73.6
67.8
20. Financial risk management
Risk management policies
The Group Treasury function is responsible for procuring the Group\u2019s capital resources and
maintaining an efficient capital structure, together with managing the Group\u2019s liquidity,
foreign exchange and interest rate exposures.
All treasury operations are conducted within strict policies and guidelines that are
approved by the Board. Compliance with those policies and guidelines is monitored by the
regular reporting of treasury activities to the Board following regular Treasury Committee
meetings.
Financial assets and financial liabilities
Fair value Total
Amortised through profit carrying Fair
cost
or loss
(1)
amount value
\u00a3m \u00a3m \u00a3m \u00a3m
At 30 June 2026
Financial assets
Trade receivables
122.1
\u2014
122.1
122.1
Other receivables
15.4
\u2014
15.4
15.4
Cash and cash equivalents
65.2
\u2014
65.2
65.2
202.7
\u2014
202.7
202.7
Financial assets held at fair value
Derivative financial instruments
(Level 2)
Forward currency contracts
\u2014
0.5
0.5
0.5
Interest rate collars
\u2014
0.1
0.1
0.1
Total financial assets
202.7
0.6
203.3
203.3
Financial liabilities
Trade and other payables
(203.9)
\u2014
(203.9)
(203.9)
Bank overdrafts
(3.2)
\u2014
(3.2)
(3.2)
Lease liabilities
(6.1)
\u2014
(6.1)
(6.1)
Bank and other loans
(178.7)
\u2014
(178.7)
(178.7)
(391.9)
\u2014
(391.9)
(391.9)
Financial liabilities held at fair value
Derivative financial instruments
(Level 2)
Forward currency contracts
\u2014
(0.3)
(0.3)
(0.3)
Interest rate collars
\u2014
\u2014
\u2014
\u2014
Total financial liabilities
(391.9)
(0.3)
(392.2)
(392.2)
Total
(189.2)
0.3
(188.9)
(188.9)
(1) Financial assets and financial liabilities classified as fair value through profit or loss are designated in hedge
relationships as described within the interest risk and foreign exchange risk sections of this note.
Fair value Total
Amortised through profit carrying Fair
cost
or loss
(1)
amount value
\u00a3m \u00a3m \u00a3m \u00a3m
At 30 June 2025
Financial assets
Trade receivables
123.2
\u2014
123.2
123.2
Other receivables
10.9
\u2014
10.9
10.9
Cash and cash equivalents
34.2
\u2014
34.2
34.2
168.3
\u2014
168.3
168.3
Financial assets held at fair value
Derivative financial instruments
(Level 2)
Forward currency contracts
\u2014
0.2
0.2
0.2
Interest rate caps
\u2014
0.3
0.3
0.3
Total financial assets
168.3
0.5
168.8
168.8
Financial liabilities
Trade and other payables
(212.9)
\u2014
(212.9)
(212.9)
Bank overdrafts
(2.0)
\u2014
(2.0)
(2.0)
Lease liabilities
(8.3)
\u2014
(8.3)
(8.3)
Bank and other loans
(129.1)
\u2014
(129.1)
(129.1)
(352.3)
\u2014
(352.3)
(352.3)
Financial liabilities held at fair value
Derivative financial instruments
(Level 2)
Forward currency contracts
\u2014
(0.4)
(0.4)
(0.4)
Interest rate collars
\u2014
(0.1)
(0.1)
(0.1)
Total financial liabilities
(352.3)
(0.5)
(352.8)
(352.8)
Total
(184.0)
\u2014
(184.0)
(184.0)
(1) Financial assets and financial liabilities classified as fair value through profit or loss are designated in hedge
relationships as described within the interest risk and foreign exchange risk sections of this note.
In the tables above, the financial assets and financial liabilities held by the Group are
categorised according to the basis on which they are measured. Financial assets and
liabilities that are held at fair value are further categorised according to the degree to which
the principal inputs used in determining their fair value represent observable market data
as follows:
\u2022 Level 1 \u2013 unadjusted quoted prices in active markets for identical assets or liabilities;
\u2022 Level 2 \u2013 inputs other than Level 1 that are observable for the asset or liability, either
directly (prices) or indirectly (derived from prices); and
\u2022 Level 3 \u2013 inputs that are not based on observable market data (unobservable inputs).
Derivative financial instruments comprise the foreign currency derivatives and interest rate
derivatives that are held by the Group in designated hedging relationships.
Foreign currency forward contracts are measured by reference to prevailing forward exchange rates. Foreign currency options are measured using a variant of the Monte Carlo valuation model. Interest rate collars are measured by discounting the related cash flows using yield curves derived from prevailing market interest rates. Cash and cash equivalents and bank and other loans largely attract floating interest rates. Accordingly, management considers that their carrying amount approximates to fair value. Lease obligations attract fixed interest rates that are implicit in the lease rentals and their fair value has been assessed relative to prevailing market interest rates. There were no transfers between levels during the year and no changes in valuation techniques. Credit risk Credit risk is the risk that a counterparty will default on its contractual obligations resulting in financial loss to the Group. The Group has three types of financial assets that are subject to the expected credit loss model: \u2022 trade receivables; \u2022 other receivables; and \u2022 cash and cash equivalents. Information regarding expected credit losses on trade receivables is disclosed in note 17. While other receivables and cash and cash equivalents are also subject to the impairment requirements of IFRS 9, the identified impairment loss was minimal. The Group\u2019s cash balances are managed such that there is no significant concentration of credit risk in any one bank or other financial institution. Management regularly monitors the credit quality of the institutions with which it holds deposits. Similar considerations are given to the Group\u2019s portfolio of derivative financial instruments. The Group uses judgement to determine that the credit risk of financial assets has not significantly changed since initial recognition and regularly monitors the value of the instruments. As such, credit risk is not considered to be a significant factor in changes to the values of financial assets. All of the financial derivatives are deemed to have low credit risk on initial recognition as they are predominantly hedges of foreign exchange risk and executed with a diverse and strong portfolio of counterparties. Before accepting a new customer, management assesses the customer\u2019s credit quality and establishes a credit limit. Credit quality is assessed using data maintained by reputable credit rating agencies, by the checking of references included in credit applications and, where they are available, by reviewing the customer\u2019s recent financial statements. Credit limits are subject to multiple levels of authorisation and are reviewed on a regular basis. Credit insurance is employed where it is considered to be cost effective. At 30 June 2026, the majority of trade receivables were due from major retailers in the UK and Europe. (1) Please refer to APM in note 30.
At 30 June 2026, the Group\u2019s maximum exposure to credit risk was as follows (there was
no significant concentration of credit risk):
2026 2025
\u00a3m \u00a3m
Trade and other receivables:
Trade receivables
122.1
123.2
Other receivables
15.4
10.9
137.5
134.1
Derivative financial instruments
0.6
0.5
Cash and cash equivalents
65.2
34.2
Total
203.3
168.8
Liquidity risk
Liquidity risk is the risk that the Group will encounter difficulty in meeting the obligations
associated with its financial liabilities.
The Group\u2019s borrowing facilities are monitored against forecast requirements and timely
action is taken to put in place, renew or replace credit lines.
During the year, the Group exercised part of the accordion feature within the RCF
agreement, increasing the facility to \u20ac240 million. The Group also exercised the first
one-year extension option, maintaining the initial four-year term with a revised expiry of
November 2029, with an additional option to extend by a further one year. This facility
ensures the Group continues to have significant levels of liquidity headroom and reverts to
more traditional covenant requirements.
Additionally, the Group has access to a further \u20ac35 million remaining within the accordion
feature.
At 30 June 2026, liquidity
(1)
, which is no longer a covenant requirement of the RCF
agreement, was \u00a3167.6 million (2025: \u00a3141.4m), due to the increase in the RCF commitment.
At 30 June 2026, the net debt cover ratio
(1)
under the RCF funding arrangements was 0.6x
(2025: 0.4x) and the interest cover
(1)
was 8.8x (2025: 8.5x), both comfortably compliant
with the agreement requirements of less than 3.0x and more than 4.0x respectively. The
amount undrawn on the facility was \u00a3100.6 million (2025: \u00a3107.2m).
At 30 June 2026, the Group had a number of facilities whereby it could borrow against
certain of its trade receivables. In the UK, the Group had a \u00a320 million facility. In Spain,
France and Belgium, the Group had an unlimited facility. In Germany and Denmark, the
Group had a \u20ac45 million facility, committed until December 2029. In Italy, the Group had a
\u20ac23 million facility, committed until April 2028. The Group is negotiating new facilities for
France and Spain to renew the commitment until November 2029 and is also negotiating
the commitment for Belgium with the current provider. The Group can borrow from the
provider of the relevant facility up to the lower of the facility limit and the value of the
respective receivables.
At 30 June 2026, the carrying amount of trade receivables eligible for transfer and the amounts borrowed under the facility were as follows:
2026 2025
\u00a3m \u00a3m
Trade receivables available
73.6
67.8
Amount borrowed
(73.6)
(67.8)
Amount undrawn
\u2014
\u2014
The Group no longer has any uncommitted working capital facilities.
In the following tables, estimated future contractual undiscounted cash flows in respect of the Group\u2019s financial liabilities are analysed according to the earliest date on which the Group
could be required to settle the liability. Floating rate interest payments are estimated based on market interest rates prevailing at the balance sheet date. Payments and receipts in relation
to derivative financial instruments are shown net if they will be settled on a net basis.
Within Between Between Between Between After
1 year 1 and 2 years 2 and 3 years 3 and 4 years 4 and 5 years 5 years Total
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
At 30 June 2026
Bank overdrafts
(3.2)
\u2014
\u2014
\u2014
\u2014
\u2014
(3.2)
Bank and other loans:
Principal
(73.6)
\u2014
\u2014
(106.2)
\u2014
\u2014
(179.8)
Interest payments
(0.8)
\u2014
\u2014
\u2014
\u2014
\u2014
(0.8)
Lease liabilities
(1)
(2.4)
(2.0)
(1.3)
(0.4)
(0.3)
(0.5)
(6.9)
Trade and other payables
(203.9)
\u2014
\u2014
\u2014
\u2014
\u2014
(203.9)
Cash flows on non-derivative liabilities
(283.9)
(2.0)
(1.3)
(106.6)
(0.3)
(0.5)
(394.6)
Cash flows on derivative liabilities
Payments
(103.6)
(0.7)
\u2014
\u2014
\u2014
\u2014
(104.3)
Cash flows on financial liabilities
(387.5)
(2.7)
(1.3)
(106.6)
(0.3)
(0.5)
(498.9)
Cash flows on derivative assets
Receipts
103.8
0.6
0.1
\u2014
\u2014
\u2014
104.5
(283.7)
(2.1)
(1.2)
(106.6)
(0.3)
(0.5)
(394.4)
(1) Lease liabilities are undiscounted.
Within Between Between Between Between After
1 year 1 and 2 years 2 and 3 years 3 and 4 years 4 and 5 years 5 years Total
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
At 30 June 2025
Bank overdrafts
(2.0)
\u2014
\u2014
\u2014
\u2014
\u2014
(2.0)
Bank and other loans:
Principal
(67.8)
\u2014
\u2014
(61.9)
\u2014
\u2014
(129.7)
Interest payments
(0.5)
\u2014
\u2014
\u2014
\u2014
\u2014
(0.5)
Lease liabilities
(1)
(4.0)
(2.0)
(1.5)
(0.9)
(0.2)
(0.7)
(9.3)
Trade and other payables
(212.9)
\u2014
\u2014
\u2014
\u2014
\u2014
(212.9)
Cash flows on non-derivative liabilities
(287.2)
(2.0)
(1.5)
(62.8)
(0.2)
(0.7)
(354.4)
Cash flows on derivative liabilities
Payments
(93.3)
(0.5)
\u2014
\u2014
\u2014
\u2014
(93.8)
Cash flows on financial liabilities
(380.5)
(2.5)
(1.5)
(62.8)
(0.2)
(0.7)
(448.2)
Cash flows on derivative assets
Receipts
93.5
0.5
\u2014
\u2014
\u2014
\u2014
94.0
(287.0)
(2.0)
(1.5)
(62.8)
(0.2)
(0.7)
(354.2)
(1) Lease liabilities are undiscounted.
Interest rate risk
Interest rate risk is the risk that the fair value of, or future cash flows associated with, a financial instrument will fluctuate due to changes in market interest rates.
The Group is exposed to interest rate risk on its floating rate borrowings, which it has mitigated using interest rate derivatives in the form of interest rate collars with maturities up to 2027.
Under the Group\u2019s policy the critical terms of the derivatives must align with the hedged items. The interest rate instruments executed are matched against the term, currency and
entity where the borrowing exists, fixing the value of interest paid in line with the Group policy. They are monitored to ensure that critical terms of the instrument continue to match
the transaction.
The hedge ratio is determined by the Group\u2019s Treasury Policy, which states that the Group aims to be c.50% hedged against the potential adverse effects of interest exposure on its
consolidated net debt. The instruments are matched on a 1:1 ratio with the transaction. Hedge ineffectiveness could be caused through fluctuating forecasts. Forecasts are monitored
regularly and the Group intends to repay debt in line with the timeframe of the hedges entered into. If this changes, additional hedges are executed in order to maintain the policy level.
The changes in the time value of the options that relate to hedged items are deferred in the cash flow hedge reserve and are treated as the cost of hedging.
After taking into account the Group\u2019s currency and interest rate hedging activities, the currency and interest rate profile of the Group\u2019s interest-bearing financial assets and financial
liabilities was as follows:
2026
2025
Danish Polish Other Danish Polish Other
Euro Sterling Krone Zloty currencies Total Euro Sterling Krone Zloty currencies Total
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Floating rate
Bank overdrafts
(0.7)
(2.5)
\u2014
\u2014
\u2014
(3.2)
(2.0)
\u2014
\u2014
\u2014
\u2014
(2.0)
Bank and other loans
(82.4)
(18.3)
(1.2)
\u2014
\u2014
(101.9)
5.1
(37.0)
\u2014
\u2014
\u2014
(31.9)
Cash and cash equivalents
58.6
0.7
0.5
0.4
5.0
65.2
27.2
1.7
0.6
0.2
4.5
34.2
(24.5)
(20.1)
(0.7)
0.4
5.0
(39.9)
30.3
(35.3)
0.6
0.2
4.5
0.3
Fixed rate
Bank and other loans
(51.8)
(25.0)
\u2014
\u2014
\u2014
(76.8)
(72.2)
(25.0)
\u2014
\u2014
\u2014
(97.2)
Total
(76.3)
(45.1)
(0.7)
0.4
5.0
(116.7)
(41.9)
(60.3)
0.6
0.2
4.5
(96.9)
Interest payable on bank overdrafts and floating rate loans is based on base rates and short-term interbank rates (predominantly EURIBOR and SONIA). At 30 June 2026, the weighted
average interest rate payable on bank and other loans was 4.1% (2025: 5.0%). At 30 June 2026, the weighted average interest rate receivable on cash and cash equivalents was 0.0%
(2025: 0.0%).
At 30 June 2026, the Group held interest rate collars which cap the maximum rate payable but allow the rate to float below this maximum, down to a floor where the Group would have to
pay the floor rate if interest rates were to drop below this rate.
Interest
rate derivatives
2026 \u00a3m
Carrying amount
0.1
Notional amount
42.7
Maturity date
Jul 2026\u2013Jun 2029
Hedging ratio
1:1
Change in value of outstanding hedge instruments
0.0
Change in value of hedged item used to determine hedge effectiveness
0.0
Weighted average hedged rate for the year
2.045%\u20133.47%
Interest
rate derivatives
2025 \u00a3m
Carrying amount
0.3
Notional amount
114.8
Maturity date
Jul 2025\u2013Jun 2027
Hedging ratio
1:1
Change in value of outstanding hedge instruments
(0.5)
Change in value of hedged item used to determine hedge effectiveness
0.5
Weighted average hedged rate for the year
0.00%\u20134.15%
All interest rate derivatives held by the Group are indexed to three-month EURIBOR or
SONIA.
Fixed or capped interest rates shown in the above table do not include the margin over
market interest rates payable on the Group\u2019s borrowings.
On the assumption that a change in market interest rates would be applied to the interest
rate exposures that were in existence at the balance sheet date and that designated
cash flow hedges are 100% effective, an increase of 100 basis points in market interest
rates would have decreased the Group\u2019s profit before tax by \u00a30.4 million (2025: \u00a30.3m).
Conversely, a decrease of 100 basis points in market interest rates would have increased
the Group\u2019s profit before tax by \u00a30.4 million (2025: \u00a31.0m).
Foreign currency risk
Transaction risk
Foreign currency transaction risk arises on sales and purchases denominated in currencies
other than the functional currency of the entity that enters into the transaction. While the
magnitude of these exposures is relatively low, the Group\u2019s policy is to hedge committed
transactions in full and to hedge a proportion of highly probable forecast transactions
on a twelve-month rolling basis. Foreign currency transaction risk also arises on financial
assets and liabilities denominated in foreign currencies and Group policy allows for these
exposures to be hedged using forward currency contracts.
The Group determines the economic relationship between the hedged item and the
hedging instrument for the purpose of assessing hedge effectiveness. The cost of the
transaction increases as the exchange rate weakens, as the hedge instruments in place
are foreign currency liabilities. This same movement in exchange rates would result in an
increase in the value of the liability. The value of the invoices paid is regularly monitored to
ensure the hedges in place continue to meet the monthly exposures and that critical terms
of the instrument continue to match the transaction. On maturity of the hedge, the gain or
loss recorded against the spot rate is recorded in the same income statement line as the
invoiced transaction.
The hedge ratio is determined by the Group\u2019s Treasury Policy, which provides a maximum
and minimum hedge level for a number of time brackets. The compliance with this policy is
monitored monthly and new hedges are also added monthly if required. The level of hedges
required is reviewed monthly during the Treasury Management Committee meeting. The
instruments are matched on a 1:1 ratio with the transaction. Hedge ineffectiveness could be
caused through the different timing of the payment runs so that the hedges mature at a
different point to the invoices being paid, fluctuating forecasts or changes to the nature of
the business.
These risks are mitigated through the following measures:
\u2022 phasing hedges to cover the change of the timing of payments runs;
\u2022 monitoring forecasts monthly and adding hedges to reflect any changes;
\u2022 the percentage of hedges permitted allowing for the potential uncertainty towards the
end of the forecast period; and
\u2022 building significant changes into the forecast, with any changes being allowed for the
purchases made.
At 30 June 2026, the notional principal amount of outstanding foreign currency contracts
(net purchases) that are held to hedge the Group\u2019s transaction exposures was \u00a314.6 million
(2025: \u00a314.4m). For accounting purposes, the Group has designated the foreign currency
contracts as cash flow hedges. At 30 June 2026, the fair value of the contracts was
\u00a3(0.2) million (2025: \u00a30.2m). During 2026, a loss of \u00a30.2 million (2025: loss of \u00a30.1m) was
recognised in other comprehensive income and a loss of \u00a30.2 million (2025: loss of \u00a30.5m)
was transferred from the cash flow reserve to the income statement in respect of these
contracts.
Translation risk
Foreign currency translation risk arises on consolidation in relation to the translation into
Sterling of the results and net assets of the Group\u2019s foreign subsidiaries. The Group\u2019s policy
is to hedge a substantial proportion of overseas net assets using a combination of foreign
currency borrowings and foreign currency swaps. The Group hedges part of the currency
exposure on translating the results of its foreign subsidiaries into Sterling using average
rate options. This exposure is also mitigated by the natural hedge provided by the interest
payable on the Group\u2019s foreign currency borrowings. At 30 June 2026, the fair value of the
average rate options was \u00a30.3 million (2025: \u00a3nil).
The Group determines the economic relationship between the hedged item and the
hedging instrument for the purpose of assessing hedge effectiveness. The value of Group
assets increases as the exchange rate weakens, as the hedge instrument in place is a
foreign currency liability. This same movement in exchange rates would result in an increase
in the value of the liability. When hedges mature, any settlements offset the gain or loss on
translation of the hedged item and are monitored to ensure critical terms of the instrument
continue to match the transaction.
The hedge ratio is determined by the Group\u2019s Treasury Policy, which states the Group
will hedge up to 100% of the budgeted exposure. The instruments are matched on a 1:1
ratio with the transaction. Hedge ineffectiveness could be caused through fluctuations in
the forecasted numbers. This is mitigated by hedging a relatively low proportion of the
hedged item.
At 30 June 2026, the Group had designated as net investment hedges \u00a341.4 million (2025:
\u00a311.5m) of its Euro-denominated borrowings and three-month rolling foreign currency
forward contracts with a notional principal amount of \u00a389.5 million (2025: \u00a379.5m). During
2026, a gain of \u00a30.7 million (2025: \u00a30.1m) was recognised in other comprehensive income in
relation to the net investment hedges. At 30 June 2026, the fair value of the net investment
hedges was a profit of \u00a30.0 million (2025: loss of \u00a30.4m).
The currency profile of the Group\u2019s net assets (excluding non-controlling interests) before and after hedging currency translation exposures was as follows:
2026
2025
Net assets/ Net assets/
(liabilities) Currency Net assets (liabilities) Currency Net assets
before forward after before forward after
hedging contracts hedging hedging contracts hedging
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Sterling
11.3
89.5
100.8
(44.0)
79.5
35.5
Euro
62.7
(58.9)
3.8
93.6
(51.4)
42.2
Polish Zloty
8.8
(8.0)
0.8
10.4
(7.7)
2.7
Danish Krone
14.8
(13.8)
1.0
22.6
(18.3)
4.3
Malaysian Ringgit
8.5
(6.5)
2.0
7.3
\u2014
7.3
Other
5.0
(2.3)
2.7
4.4
(2.1)
2.3
Total
111.1
\u2014
111.1
94.3
\u2014
94.3
The Group\u2019s exposure to a +/- 10% change in EUR/GBP exchange rate is as follows:
2026
2025
EUR +10% EUR -10% EUR +10% EUR -10%
\u00a3m \u00a3m \u00a3m \u00a3m
Impact on equity
(1.3)
1.4
(1.3)
1.5
The impact on equity shown above predominantly relates to EUR/GBP contracts that qualify for net investment and cash flow hedge accounting.
The Group uses a combination of foreign currency options and foreign currency forwards to hedge its exposure to foreign currency risk. Under the Group\u2019s policy, the critical terms of the
forwards and options must align with the hedged items.
When forward contracts are used to hedge forecast transactions, the Group generally designates the change in the fair value of the forward contract related to both the spot component
and forward element as the hedging instrument. For option contracts, the change in the fair value of the option contract related to the intrinsic value is designated as the hedging
instrument. The time value of money is treated as a cost of hedging.
In relation to the hedging activities as described above, the effects of foreign currency
related hedging instruments on the Group\u2019s financial position and performance are as
follows:
Foreign currency forwards
2026
Transactional
Translational
Carrying amount (\u00a3m)
(0.2)
0.0
Notional amount (\u00a3m)
14.6
89.5
Maturity date
July 2026-September 2027
September 2026
Hedging ratio
1:1
1:1
Change in value of outstanding
hedge instruments (\u00a3m)
(0.2)
0.0
Change in value of hedged
item used to determine hedge
effectiveness (\u00a3m)
0.2
0.0
Weighted average hedged rate
for the year
\u20ac1.1641:\u00a31
Various
(1)
(1) The weighted average hedged rate for the year, by currency denomination, was \u20ac1.1499:\u00a31, Zloty 4.9226:\u00a31,
Krone 8.5673:\u00a31, AUD 2.0212:\u00a31, MYR 5.3560:\u00a31.
Foreign currency forwards
2025
Transactional
Translational
Carrying amount (\u00a3m)
0.2
(0.4)
Notional amount (\u00a3m)
14.4
79.5
Maturity date
July 2025-September 2026
September 2025
Hedging ratio
1:1
1:1
Change in value of outstanding
hedge instruments (\u00a3m)
0.2
(0.4)
Change in value of hedged
item used to determine hedge
effectiveness (\u00a3m)
(0.2)
0.4
Weighted average hedged rate
for the year
\u20ac1.1633:\u00a31
Various
(1)
(1) The weighted average hedged rate for the year, by currency denomination, was \u20ac1.1905:\u00a31, Zloty 5.1203:\u00a31,
Krone 8.9027:\u00a31.
Concentration risk
The Company only enters facility agreements and hedge transactions with entities that are
also party to the RCF. This concentrates risk to a small number of institutes. These institutes
are based across a number of European countries and are well-recognised financial
institutes.
21. Capital and net debt
The Group\u2019s capital comprises total equity and net debt.
Capital management
The Directors manage the Group\u2019s capital to safeguard its ability to continue as a going
concern in order to provide returns for shareholders and benefits for other stakeholders.
The Directors aim to maintain an efficient capital structure with a relatively conservative
level of debt-to-equity gearing. This is to ensure continued access to a broad range
of financing sources in order to provide sufficient flexibility to pursue commercial
opportunities as they arise.
In order to achieve this overall objective, the Group\u2019s capital management, amongst other
things, aims to ensure that it meets financial covenants attached to borrowings. Breaches
in meeting the financial covenants would permit the bank to call in loans and borrowings
immediately. There have been no breaches in the financial covenants of any borrowings in
the current year.
The capital structure of the Group consists of debt, which includes borrowings disclosed
in note 19, cash and cash equivalents and equity attributable to equity holders of the
Company, comprising issued capital, reserves and retained earnings.
The Group may maintain or adjust its capital structure by adjusting the amount of dividends
paid to shareholders, returning capital to shareholders, issuing new shares or selling assets
to reduce debt. The Group manages the capital structure and makes adjustments to it in
the light of changes in economic conditions and the risk characteristics of the Group, and in
order to meet the financial covenants described in note 20. The Board regularly reviews the
capital structure.
No changes were made in the objectives, policies or processes for managing capital during the years ended 30 June 2026 and 30 June 2025.
The Group\u2019s capital was as follows:
2026 2025 2024
\u00a3m \u00a3m \u00a3m
Total equity
111.1
94.3
63.4
Net debt
122.8
105.2
131.5
Capital
233.9
199.5
194.9
2026 2025
% %
Gearing
(1)
56.7
53.3
(1) Gearing represents net debt divided by the average of opening and closing capital, being total equity plus net debt.
IFRS 16 Currency
At 1 July non-cash Cash translation At 30 June
2025
movements
(1)
flows differences 2026
Movements in net debt were as follows: \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Overdrafts
(2.0)
\u2014
(1.2)
\u2014
(3.2)
Bank loans
(61.3)
\u2014
(43.7)
(0.1)
(105.1)
Other loans
(67.8)
\u2014
(5.8)
\u2014
(73.6)
Lease liabilities
(8.3)
(2.2)
4.5
(0.1)
(6.1)
Financial liabilities
(139.4)
(2.2)
(46.2)
(0.2)
(188.0)
Cash and cash equivalents
34.2
\u2014
30.6
0.4
65.2
Net debt
(105.2)
(2.2)
(15.6)
0.2
(122.8)
IFRS 16 Currency
At 1 July non-cash Cash translation At 30 June
2024
movements
(1)
flows differences 2025
Movements in net debt were as follows: \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Overdrafts
(11.8)
\u2014
9.8
\u2014
(2.0)
Bank loans
(65.0)
\u2014
3.9
(0.2)
(61.3)
Other loans
(55.6)
\u2014
(11.5)
(0.7)
(67.8)
Lease liabilities
(8.4)
(4.0)
4.2
(0.1)
(8.3)
Financial liabilities
(140.8)
(4.0)
6.4
(1.0)
(139.4)
Cash and cash equivalents
9.3
\u2014
24.3
0.6
34.2
Net debt
(131.5)
(4.0)
30.7
(0.4)
(105.2)
(1) IFRS 16 non-cash movements includes additions of \u00a31.8 million (2025: \u00a33.6m), disposals of \u00a3nil (2025: \u00a3nil) and interest charged of \u00a30.4 million (2025: \u00a30.4m).
A reconciliation of the net cash flow to the movement 2026 2025
in net debt is shown as follows: \u00a3m \u00a3m
Increase in net cash and cash equivalents
30.6
24.3
Net (drawdown)/repayment of bank loans and overdrafts
(50.7)
2.2
Change in net debt resulting from cash flows
(20.1)
26.5
Currency translation differences
0.3
(0.3)
Movement in net debt in the year
(19.8)
26.2
Net debt at the beginning of the year excluding lease liabilities
(96.9)
(123.1)
Net debt at the end of the year excluding lease liabilities
(116.7)
(96.9)
Lease liabilities at 1 July
(8.3)
(8.4)
Lease liabilities non-cash movements
(2.2)
(4.0)
Repayment of IFRS 16 lease liabilities
4.5
4.2
Currency translation differences
(0.1)
(0.1)
Net debt at the end of the year
(122.8)
(105.2)
", "dimensions": { "concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-608": { "value": "19. Borrowings Borrowings may be analysed as follows:
2026
2025
Current Non-current Total Current Non-current Total
liabilities liabilities liabilities liabilities liabilities liabilities
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Bank and other loans:
Invoice discounting facilities (note 20)
73.6
\u2014
73.6
67.8
\u2014
67.8
Total secured borrowings
73.6
\u2014
73.6
67.8
\u2014
67.8
Overdrafts
3.2
\u2014
3.2
2.0
\u2014
2.0
Bank and other loans:
Unsecured loans
\u2014
105.1
105.1
\u2014
61.3
61.3
Lease liabilities
2.2
3.9
6.1
3.7
4.6
8.3
Total unsecured borrowings
5.4
109.0
114.4
5.7
65.9
71.6
Total borrowings
79.0
109.0
188.0
73.5
65.9
139.4
Bank and other loans are repayable as follows:
2026 2025
\u00a3m \u00a3m
Within one year
73.6
67.8
Between one and two years
\u2014
\u2014
Between two and five years
105.1
61.3
Total
178.7
129.1
Details of the Group\u2019s bank facilities are presented in note 20. Amounts payable under leases are presented in notes 15 and 20. The carrying amounts of assets pledged as security for current and non-current borrowings are:
2026 2025
\u00a3m \u00a3m
Current
Floating charge
Receivables
73.6
67.8
Total current assets pledged as security
73.6
67.8
Total non-current assets pledged as security
\u2014
\u2014
Total assets pledged as security
73.6
67.8
", "dimensions": { "concept": "ifrs-full:DisclosureOfBorrowingsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-609": { "value": "20. Financial risk management Risk management policies The Group Treasury function is responsible for procuring the Group\u2019s capital resources and maintaining an efficient capital structure, together with managing the Group\u2019s liquidity, foreign exchange and interest rate exposures. All treasury operations are conducted within strict policies and guidelines that are approved by the Board. Compliance with those policies and guidelines is monitored by the regular reporting of treasury activities to the Board following regular Treasury Committee meetings. Financial assets and financial liabilities
Fair value Total
Amortised through profit carrying Fair
cost
or loss
(1)
amount value
\u00a3m \u00a3m \u00a3m \u00a3m
At 30 June 2026
Financial assets
Trade receivables
122.1
\u2014
122.1
122.1
Other receivables
15.4
\u2014
15.4
15.4
Cash and cash equivalents
65.2
\u2014
65.2
65.2
202.7
\u2014
202.7
202.7
Financial assets held at fair value
Derivative financial instruments
(Level 2)
Forward currency contracts
\u2014
0.5
0.5
0.5
Interest rate collars
\u2014
0.1
0.1
0.1
Total financial assets
202.7
0.6
203.3
203.3
Financial liabilities
Trade and other payables
(203.9)
\u2014
(203.9)
(203.9)
Bank overdrafts
(3.2)
\u2014
(3.2)
(3.2)
Lease liabilities
(6.1)
\u2014
(6.1)
(6.1)
Bank and other loans
(178.7)
\u2014
(178.7)
(178.7)
(391.9)
\u2014
(391.9)
(391.9)
Financial liabilities held at fair value
Derivative financial instruments
(Level 2)
Forward currency contracts
\u2014
(0.3)
(0.3)
(0.3)
Interest rate collars
\u2014
\u2014
\u2014
\u2014
Total financial liabilities
(391.9)
(0.3)
(392.2)
(392.2)
Total
(189.2)
0.3
(188.9)
(188.9)
(1) Financial assets and financial liabilities classified as fair value through profit or loss are designated in hedge relationships as described within the interest risk and foreign exchange risk sections of this note.
Fair value Total
Amortised through profit carrying Fair
cost
or loss
(1)
amount value
\u00a3m \u00a3m \u00a3m \u00a3m
At 30 June 2025
Financial assets
Trade receivables
123.2
\u2014
123.2
123.2
Other receivables
10.9
\u2014
10.9
10.9
Cash and cash equivalents
34.2
\u2014
34.2
34.2
168.3
\u2014
168.3
168.3
Financial assets held at fair value
Derivative financial instruments
(Level 2)
Forward currency contracts
\u2014
0.2
0.2
0.2
Interest rate caps
\u2014
0.3
0.3
0.3
Total financial assets
168.3
0.5
168.8
168.8
Financial liabilities
Trade and other payables
(212.9)
\u2014
(212.9)
(212.9)
Bank overdrafts
(2.0)
\u2014
(2.0)
(2.0)
Lease liabilities
(8.3)
\u2014
(8.3)
(8.3)
Bank and other loans
(129.1)
\u2014
(129.1)
(129.1)
(352.3)
\u2014
(352.3)
(352.3)
Financial liabilities held at fair value
Derivative financial instruments
(Level 2)
Forward currency contracts
\u2014
(0.4)
(0.4)
(0.4)
Interest rate collars
\u2014
(0.1)
(0.1)
(0.1)
Total financial liabilities
(352.3)
(0.5)
(352.8)
(352.8)
Total
(184.0)
\u2014
(184.0)
(184.0)
(1) Financial assets and financial liabilities classified as fair value through profit or loss are designated in hedge relationships as described within the interest risk and foreign exchange risk sections of this note. In the tables above, the financial assets and financial liabilities held by the Group are categorised according to the basis on which they are measured. Financial assets and liabilities that are held at fair value are further categorised according to the degree to which the principal inputs used in determining their fair value represent observable market data as follows: \u2022 Level 1 \u2013 unadjusted quoted prices in active markets for identical assets or liabilities; \u2022 Level 2 \u2013 inputs other than Level 1 that are observable for the asset or liability, either directly (prices) or indirectly (derived from prices); and \u2022 Level 3 \u2013 inputs that are not based on observable market data (unobservable inputs). Derivative financial instruments comprise the foreign currency derivatives and interest rate derivatives that are held by the Group in designated hedging relationships. Foreign currency forward contracts are measured by reference to prevailing forward exchange rates. Foreign currency options are measured using a variant of the Monte Carlo valuation model. Interest rate collars are measured by discounting the related cash flows using yield curves derived from prevailing market interest rates. Cash and cash equivalents and bank and other loans largely attract floating interest rates. Accordingly, management considers that their carrying amount approximates to fair value. Lease obligations attract fixed interest rates that are implicit in the lease rentals and their fair value has been assessed relative to prevailing market interest rates. There were no transfers between levels during the year and no changes in valuation techniques. Credit risk Credit risk is the risk that a counterparty will default on its contractual obligations resulting in financial loss to the Group. The Group has three types of financial assets that are subject to the expected credit loss model: \u2022 trade receivables; \u2022 other receivables; and \u2022 cash and cash equivalents. Information regarding expected credit losses on trade receivables is disclosed in note 17. While other receivables and cash and cash equivalents are also subject to the impairment requirements of IFRS 9, the identified impairment loss was minimal. The Group\u2019s cash balances are managed such that there is no significant concentration of credit risk in any one bank or other financial institution. Management regularly monitors the credit quality of the institutions with which it holds deposits. Similar considerations are given to the Group\u2019s portfolio of derivative financial instruments. The Group uses judgement to determine that the credit risk of financial assets has not significantly changed since initial recognition and regularly monitors the value of the instruments. As such, credit risk is not considered to be a significant factor in changes to the values of financial assets. All of the financial derivatives are deemed to have low credit risk on initial recognition as they are predominantly hedges of foreign exchange risk and executed with a diverse and strong portfolio of counterparties. Before accepting a new customer, management assesses the customer\u2019s credit quality and establishes a credit limit. Credit quality is assessed using data maintained by reputable credit rating agencies, by the checking of references included in credit applications and, where they are available, by reviewing the customer\u2019s recent financial statements. Credit limits are subject to multiple levels of authorisation and are reviewed on a regular basis. Credit insurance is employed where it is considered to be cost effective. At 30 June 2026, the majority of trade receivables were due from major retailers in the UK and Europe. (1) Please refer to APM in note 30. At 30 June 2026, the Group\u2019s maximum exposure to credit risk was as follows (there was no significant concentration of credit risk):
2026 2025
\u00a3m \u00a3m
Trade and other receivables:
Trade receivables
122.1
123.2
Other receivables
15.4
10.9
137.5
134.1
Derivative financial instruments
0.6
0.5
Cash and cash equivalents
65.2
34.2
Total
203.3
168.8
Liquidity risk Liquidity risk is the risk that the Group will encounter difficulty in meeting the obligations associated with its financial liabilities. The Group\u2019s borrowing facilities are monitored against forecast requirements and timely action is taken to put in place, renew or replace credit lines. During the year, the Group exercised part of the accordion feature within the RCF agreement, increasing the facility to \u20ac240 million. The Group also exercised the first one-year extension option, maintaining the initial four-year term with a revised expiry of November 2029, with an additional option to extend by a further one year. This facility ensures the Group continues to have significant levels of liquidity headroom and reverts to more traditional covenant requirements. Additionally, the Group has access to a further \u20ac35 million remaining within the accordion feature. At 30 June 2026, liquidity (1) , which is no longer a covenant requirement of the RCF agreement, was \u00a3167.6 million (2025: \u00a3141.4m), due to the increase in the RCF commitment. At 30 June 2026, the net debt cover ratio (1) under the RCF funding arrangements was 0.6x (2025: 0.4x) and the interest cover(1) was 8.8x (2025: 8.5x), both comfortably compliant with the agreement requirements of less than 3.0x and more than 4.0x respectively. The amount undrawn on the facility was \u00a3100.6 million (2025: \u00a3107.2m). At 30 June 2026, the Group had a number of facilities whereby it could borrow against certain of its trade receivables. In the UK, the Group had a \u00a320 million facility. In Spain, France and Belgium, the Group had an unlimited facility. In Germany and Denmark, the Group had a \u20ac45 million facility, committed until December 2029. In Italy, the Group had a \u20ac23 million facility, committed until April 2028. The Group is negotiating new facilities for France and Spain to renew the commitment until November 2029 and is also negotiating the commitment for Belgium with the current provider. The Group can borrow from the provider of the relevant facility up to the lower of the facility limit and the value of the respective receivables. At 30 June 2026, the carrying amount of trade receivables eligible for transfer and the amounts borrowed under the facility were as follows:
2026 2025
\u00a3m \u00a3m
Trade receivables available
73.6
67.8
Amount borrowed
(73.6)
(67.8)
Amount undrawn
\u2014
\u2014
The Group no longer has any uncommitted working capital facilities. In the following tables, estimated future contractual undiscounted cash flows in respect of the Group\u2019s financial liabilities are analysed according to the earliest date on which the Group could be required to settle the liability. Floating rate interest payments are estimated based on market interest rates prevailing at the balance sheet date. Payments and receipts in relation to derivative financial instruments are shown net if they will be settled on a net basis.
Within Between Between Between Between After
1 year 1 and 2 years 2 and 3 years 3 and 4 years 4 and 5 years 5 years Total
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
At 30 June 2026
Bank overdrafts
(3.2)
\u2014
\u2014
\u2014
\u2014
\u2014
(3.2)
Bank and other loans:
Principal
(73.6)
\u2014
\u2014
(106.2)
\u2014
\u2014
(179.8)
Interest payments
(0.8)
\u2014
\u2014
\u2014
\u2014
\u2014
(0.8)
Lease liabilities
(1)
(2.4)
(2.0)
(1.3)
(0.4)
(0.3)
(0.5)
(6.9)
Trade and other payables
(203.9)
\u2014
\u2014
\u2014
\u2014
\u2014
(203.9)
Cash flows on non-derivative liabilities
(283.9)
(2.0)
(1.3)
(106.6)
(0.3)
(0.5)
(394.6)
Cash flows on derivative liabilities
Payments
(103.6)
(0.7)
\u2014
\u2014
\u2014
\u2014
(104.3)
Cash flows on financial liabilities
(387.5)
(2.7)
(1.3)
(106.6)
(0.3)
(0.5)
(498.9)
Cash flows on derivative assets
Receipts
103.8
0.6
0.1
\u2014
\u2014
\u2014
104.5
(283.7)
(2.1)
(1.2)
(106.6)
(0.3)
(0.5)
(394.4)
(1) Lease liabilities are undiscounted.
Within Between Between Between Between After
1 year 1 and 2 years 2 and 3 years 3 and 4 years 4 and 5 years 5 years Total
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
At 30 June 2025
Bank overdrafts
(2.0)
\u2014
\u2014
\u2014
\u2014
\u2014
(2.0)
Bank and other loans:
Principal
(67.8)
\u2014
\u2014
(61.9)
\u2014
\u2014
(129.7)
Interest payments
(0.5)
\u2014
\u2014
\u2014
\u2014
\u2014
(0.5)
Lease liabilities
(1)
(4.0)
(2.0)
(1.5)
(0.9)
(0.2)
(0.7)
(9.3)
Trade and other payables
(212.9)
\u2014
\u2014
\u2014
\u2014
\u2014
(212.9)
Cash flows on non-derivative liabilities
(287.2)
(2.0)
(1.5)
(62.8)
(0.2)
(0.7)
(354.4)
Cash flows on derivative liabilities
Payments
(93.3)
(0.5)
\u2014
\u2014
\u2014
\u2014
(93.8)
Cash flows on financial liabilities
(380.5)
(2.5)
(1.5)
(62.8)
(0.2)
(0.7)
(448.2)
Cash flows on derivative assets
Receipts
93.5
0.5
\u2014
\u2014
\u2014
\u2014
94.0
(287.0)
(2.0)
(1.5)
(62.8)
(0.2)
(0.7)
(354.2)
(1) Lease liabilities are undiscounted. Interest rate risk Interest rate risk is the risk that the fair value of, or future cash flows associated with, a financial instrument will fluctuate due to changes in market interest rates. The Group is exposed to interest rate risk on its floating rate borrowings, which it has mitigated using interest rate derivatives in the form of interest rate collars with maturities up to 2027. Under the Group\u2019s policy the critical terms of the derivatives must align with the hedged items. The interest rate instruments executed are matched against the term, currency and entity where the borrowing exists, fixing the value of interest paid in line with the Group policy. They are monitored to ensure that critical terms of the instrument continue to match the transaction. The hedge ratio is determined by the Group\u2019s Treasury Policy, which states that the Group aims to be c.50% hedged against the potential adverse effects of interest exposure on its consolidated net debt. The instruments are matched on a 1:1 ratio with the transaction. Hedge ineffectiveness could be caused through fluctuating forecasts. Forecasts are monitored regularly and the Group intends to repay debt in line with the timeframe of the hedges entered into. If this changes, additional hedges are executed in order to maintain the policy level. The changes in the time value of the options that relate to hedged items are deferred in the cash flow hedge reserve and are treated as the cost of hedging. After taking into account the Group\u2019s currency and interest rate hedging activities, the currency and interest rate profile of the Group\u2019s interest-bearing financial assets and financial liabilities was as follows:
2026
2025
Danish Polish Other Danish Polish Other
Euro Sterling Krone Zloty currencies Total Euro Sterling Krone Zloty currencies Total
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Floating rate
Bank overdrafts
(0.7)
(2.5)
\u2014
\u2014
\u2014
(3.2)
(2.0)
\u2014
\u2014
\u2014
\u2014
(2.0)
Bank and other loans
(82.4)
(18.3)
(1.2)
\u2014
\u2014
(101.9)
5.1
(37.0)
\u2014
\u2014
\u2014
(31.9)
Cash and cash equivalents
58.6
0.7
0.5
0.4
5.0
65.2
27.2
1.7
0.6
0.2
4.5
34.2
(24.5)
(20.1)
(0.7)
0.4
5.0
(39.9)
30.3
(35.3)
0.6
0.2
4.5
0.3
Fixed rate
Bank and other loans
(51.8)
(25.0)
\u2014
\u2014
\u2014
(76.8)
(72.2)
(25.0)
\u2014
\u2014
\u2014
(97.2)
Total
(76.3)
(45.1)
(0.7)
0.4
5.0
(116.7)
(41.9)
(60.3)
0.6
0.2
4.5
(96.9)
Interest payable on bank overdrafts and floating rate loans is based on base rates and short-term interbank rates (predominantly EURIBOR and SONIA). At 30 June 2026, the weighted average interest rate payable on bank and other loans was 4.1% (2025: 5.0%). At 30 June 2026, the weighted average interest rate receivable on cash and cash equivalents was 0.0% (2025: 0.0%). At 30 June 2026, the Group held interest rate collars which cap the maximum rate payable but allow the rate to float below this maximum, down to a floor where the Group would have to pay the floor rate if interest rates were to drop below this rate.
Interest
rate derivatives
2026 \u00a3m
Carrying amount
0.1
Notional amount
42.7
Maturity date
Jul 2026\u2013Jun 2029
Hedging ratio
1:1
Change in value of outstanding hedge instruments
0.0
Change in value of hedged item used to determine hedge effectiveness
0.0
Weighted average hedged rate for the year
2.045%\u20133.47%
Interest
rate derivatives
2025 \u00a3m
Carrying amount
0.3
Notional amount
114.8
Maturity date
Jul 2025\u2013Jun 2027
Hedging ratio
1:1
Change in value of outstanding hedge instruments
(0.5)
Change in value of hedged item used to determine hedge effectiveness
0.5
Weighted average hedged rate for the year
0.00%\u20134.15%
All interest rate derivatives held by the Group are indexed to three-month EURIBOR or SONIA. Fixed or capped interest rates shown in the above table do not include the margin over market interest rates payable on the Group\u2019s borrowings. On the assumption that a change in market interest rates would be applied to the interest rate exposures that were in existence at the balance sheet date and that designated cash flow hedges are 100% effective, an increase of 100 basis points in market interest rates would have decreased the Group\u2019s profit before tax by \u00a30.4 million (2025: \u00a30.3m). Conversely, a decrease of 100 basis points in market interest rates would have increased the Group\u2019s profit before tax by \u00a30.4 million (2025: \u00a31.0m). Foreign currency risk Transaction risk Foreign currency transaction risk arises on sales and purchases denominated in currencies other than the functional currency of the entity that enters into the transaction. While the magnitude of these exposures is relatively low, the Group\u2019s policy is to hedge committed transactions in full and to hedge a proportion of highly probable forecast transactions on a twelve-month rolling basis. Foreign currency transaction risk also arises on financial assets and liabilities denominated in foreign currencies and Group policy allows for these exposures to be hedged using forward currency contracts. The Group determines the economic relationship between the hedged item and the hedging instrument for the purpose of assessing hedge effectiveness. The cost of the transaction increases as the exchange rate weakens, as the hedge instruments in place are foreign currency liabilities. This same movement in exchange rates would result in an increase in the value of the liability. The value of the invoices paid is regularly monitored to ensure the hedges in place continue to meet the monthly exposures and that critical terms of the instrument continue to match the transaction. On maturity of the hedge, the gain or loss recorded against the spot rate is recorded in the same income statement line as the invoiced transaction. The hedge ratio is determined by the Group\u2019s Treasury Policy, which provides a maximum and minimum hedge level for a number of time brackets. The compliance with this policy is monitored monthly and new hedges are also added monthly if required. The level of hedges required is reviewed monthly during the Treasury Management Committee meeting. The instruments are matched on a 1:1 ratio with the transaction. Hedge ineffectiveness could be caused through the different timing of the payment runs so that the hedges mature at a different point to the invoices being paid, fluctuating forecasts or changes to the nature of the business. These risks are mitigated through the following measures: \u2022 phasing hedges to cover the change of the timing of payments runs; \u2022 monitoring forecasts monthly and adding hedges to reflect any changes; \u2022 the percentage of hedges permitted allowing for the potential uncertainty towards the end of the forecast period; and \u2022 building significant changes into the forecast, with any changes being allowed for the purchases made. At 30 June 2026, the notional principal amount of outstanding foreign currency contracts (net purchases) that are held to hedge the Group\u2019s transaction exposures was \u00a314.6 million (2025: \u00a314.4m). For accounting purposes, the Group has designated the foreign currency contracts as cash flow hedges. At 30 June 2026, the fair value of the contracts was \u00a3(0.2) million (2025: \u00a30.2m). During 2026, a loss of \u00a30.2 million (2025: loss of \u00a30.1m) was recognised in other comprehensive income and a loss of \u00a30.2 million (2025: loss of \u00a30.5m) was transferred from the cash flow reserve to the income statement in respect of these contracts. Translation risk Foreign currency translation risk arises on consolidation in relation to the translation into Sterling of the results and net assets of the Group\u2019s foreign subsidiaries. The Group\u2019s policy is to hedge a substantial proportion of overseas net assets using a combination of foreign currency borrowings and foreign currency swaps. The Group hedges part of the currency exposure on translating the results of its foreign subsidiaries into Sterling using average rate options. This exposure is also mitigated by the natural hedge provided by the interest payable on the Group\u2019s foreign currency borrowings. At 30 June 2026, the fair value of the average rate options was \u00a30.3 million (2025: \u00a3nil). The Group determines the economic relationship between the hedged item and the hedging instrument for the purpose of assessing hedge effectiveness. The value of Group assets increases as the exchange rate weakens, as the hedge instrument in place is a foreign currency liability. This same movement in exchange rates would result in an increase in the value of the liability. When hedges mature, any settlements offset the gain or loss on translation of the hedged item and are monitored to ensure critical terms of the instrument continue to match the transaction. The hedge ratio is determined by the Group\u2019s Treasury Policy, which states the Group will hedge up to 100% of the budgeted exposure. The instruments are matched on a 1:1 ratio with the transaction. Hedge ineffectiveness could be caused through fluctuations in the forecasted numbers. This is mitigated by hedging a relatively low proportion of the hedged item. At 30 June 2026, the Group had designated as net investment hedges \u00a341.4 million (2025: \u00a311.5m) of its Euro-denominated borrowings and three-month rolling foreign currency forward contracts with a notional principal amount of \u00a389.5 million (2025: \u00a379.5m). During 2026, a gain of \u00a30.7 million (2025: \u00a30.1m) was recognised in other comprehensive income in relation to the net investment hedges. At 30 June 2026, the fair value of the net investment hedges was a profit of \u00a30.0 million (2025: loss of \u00a30.4m). The currency profile of the Group\u2019s net assets (excluding non-controlling interests) before and after hedging currency translation exposures was as follows:
2026
2025
Net assets/ Net assets/
(liabilities) Currency Net assets (liabilities) Currency Net assets
before forward after before forward after
hedging contracts hedging hedging contracts hedging
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Sterling
11.3
89.5
100.8
(44.0)
79.5
35.5
Euro
62.7
(58.9)
3.8
93.6
(51.4)
42.2
Polish Zloty
8.8
(8.0)
0.8
10.4
(7.7)
2.7
Danish Krone
14.8
(13.8)
1.0
22.6
(18.3)
4.3
Malaysian Ringgit
8.5
(6.5)
2.0
7.3
\u2014
7.3
Other
5.0
(2.3)
2.7
4.4
(2.1)
2.3
Total
111.1
\u2014
111.1
94.3
\u2014
94.3
The Group\u2019s exposure to a +/- 10% change in EUR/GBP exchange rate is as follows:
2026
2025
EUR +10% EUR -10% EUR +10% EUR -10%
\u00a3m \u00a3m \u00a3m \u00a3m
Impact on equity
(1.3)
1.4
(1.3)
1.5
The impact on equity shown above predominantly relates to EUR/GBP contracts that qualify for net investment and cash flow hedge accounting. The Group uses a combination of foreign currency options and foreign currency forwards to hedge its exposure to foreign currency risk. Under the Group\u2019s policy, the critical terms of the forwards and options must align with the hedged items. When forward contracts are used to hedge forecast transactions, the Group generally designates the change in the fair value of the forward contract related to both the spot component and forward element as the hedging instrument. For option contracts, the change in the fair value of the option contract related to the intrinsic value is designated as the hedging instrument. The time value of money is treated as a cost of hedging. In relation to the hedging activities as described above, the effects of foreign currency related hedging instruments on the Group\u2019s financial position and performance are as follows:
Foreign currency forwards
2026
Transactional
Translational
Carrying amount (\u00a3m)
(0.2)
0.0
Notional amount (\u00a3m)
14.6
89.5
Maturity date
July 2026-September 2027
September 2026
Hedging ratio
1:1
1:1
Change in value of outstanding
hedge instruments (\u00a3m)
(0.2)
0.0
Change in value of hedged
item used to determine hedge
effectiveness (\u00a3m)
0.2
0.0
Weighted average hedged rate
for the year
\u20ac1.1641:\u00a31
Various
(1)
(1) The weighted average hedged rate for the year, by currency denomination, was \u20ac1.1499:\u00a31, Zloty 4.9226:\u00a31, Krone 8.5673:\u00a31, AUD 2.0212:\u00a31, MYR 5.3560:\u00a31.
Foreign currency forwards
2025
Transactional
Translational
Carrying amount (\u00a3m)
0.2
(0.4)
Notional amount (\u00a3m)
14.4
79.5
Maturity date
July 2025-September 2026
September 2025
Hedging ratio
1:1
1:1
Change in value of outstanding
hedge instruments (\u00a3m)
0.2
(0.4)
Change in value of hedged
item used to determine hedge
effectiveness (\u00a3m)
(0.2)
0.4
Weighted average hedged rate
for the year
\u20ac1.1633:\u00a31
Various
(1)
(1) The weighted average hedged rate for the year, by currency denomination, was \u20ac1.1905:\u00a31, Zloty 5.1203:\u00a31, Krone 8.9027:\u00a31. Concentration risk The Company only enters facility agreements and hedge transactions with entities that are also party to the RCF. This concentrates risk to a small number of institutes. These institutes are based across a number of European countries and are well-recognised financial institutes. ", "dimensions": { "concept": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-645": { "value": "Financial assets and financial liabilities
Fair value Total
Amortised through profit carrying Fair
cost
or loss
(1)
amount value
\u00a3m \u00a3m \u00a3m \u00a3m
At 30 June 2026
Financial assets
Trade receivables
122.1
\u2014
122.1
122.1
Other receivables
15.4
\u2014
15.4
15.4
Cash and cash equivalents
65.2
\u2014
65.2
65.2
202.7
\u2014
202.7
202.7
Financial assets held at fair value
Derivative financial instruments
(Level 2)
Forward currency contracts
\u2014
0.5
0.5
0.5
Interest rate collars
\u2014
0.1
0.1
0.1
Total financial assets
202.7
0.6
203.3
203.3
Financial liabilities
Trade and other payables
(203.9)
\u2014
(203.9)
(203.9)
Bank overdrafts
(3.2)
\u2014
(3.2)
(3.2)
Lease liabilities
(6.1)
\u2014
(6.1)
(6.1)
Bank and other loans
(178.7)
\u2014
(178.7)
(178.7)
(391.9)
\u2014
(391.9)
(391.9)
Financial liabilities held at fair value
Derivative financial instruments
(Level 2)
Forward currency contracts
\u2014
(0.3)
(0.3)
(0.3)
Interest rate collars
\u2014
\u2014
\u2014
\u2014
Total financial liabilities
(391.9)
(0.3)
(392.2)
(392.2)
Total
(189.2)
0.3
(188.9)
(188.9)
(1) Financial assets and financial liabilities classified as fair value through profit or loss are designated in hedge relationships as described within the interest risk and foreign exchange risk sections of this note.
Fair value Total
Amortised through profit carrying Fair
cost
or loss
(1)
amount value
\u00a3m \u00a3m \u00a3m \u00a3m
At 30 June 2025
Financial assets
Trade receivables
123.2
\u2014
123.2
123.2
Other receivables
10.9
\u2014
10.9
10.9
Cash and cash equivalents
34.2
\u2014
34.2
34.2
168.3
\u2014
168.3
168.3
Financial assets held at fair value
Derivative financial instruments
(Level 2)
Forward currency contracts
\u2014
0.2
0.2
0.2
Interest rate caps
\u2014
0.3
0.3
0.3
Total financial assets
168.3
0.5
168.8
168.8
Financial liabilities
Trade and other payables
(212.9)
\u2014
(212.9)
(212.9)
Bank overdrafts
(2.0)
\u2014
(2.0)
(2.0)
Lease liabilities
(8.3)
\u2014
(8.3)
(8.3)
Bank and other loans
(129.1)
\u2014
(129.1)
(129.1)
(352.3)
\u2014
(352.3)
(352.3)
Financial liabilities held at fair value
Derivative financial instruments
(Level 2)
Forward currency contracts
\u2014
(0.4)
(0.4)
(0.4)
Interest rate collars
\u2014
(0.1)
(0.1)
(0.1)
Total financial liabilities
(352.3)
(0.5)
(352.8)
(352.8)
Total
(184.0)
\u2014
(184.0)
(184.0)
(1) Financial assets and financial liabilities classified as fair value through profit or loss are designated in hedge relationships as described within the interest risk and foreign exchange risk sections of this note. In the tables above, the financial assets and financial liabilities held by the Group are categorised according to the basis on which they are measured. Financial assets and liabilities that are held at fair value are further categorised according to the degree to which the principal inputs used in determining their fair value represent observable market data as follows: \u2022 Level 1 \u2013 unadjusted quoted prices in active markets for identical assets or liabilities; \u2022 Level 2 \u2013 inputs other than Level 1 that are observable for the asset or liability, either directly (prices) or indirectly (derived from prices); and \u2022 Level 3 \u2013 inputs that are not based on observable market data (unobservable inputs). Derivative financial instruments comprise the foreign currency derivatives and interest rate derivatives that are held by the Group in designated hedging relationships. Foreign currency forward contracts are measured by reference to prevailing forward exchange rates. Foreign currency options are measured using a variant of the Monte Carlo valuation model. Interest rate collars are measured by discounting the related cash flows using yield curves derived from prevailing market interest rates. Cash and cash equivalents and bank and other loans largely attract floating interest rates. Accordingly, management considers that their carrying amount approximates to fair value. Lease obligations attract fixed interest rates that are implicit in the lease rentals and their fair value has been assessed relative to prevailing market interest rates. There were no transfers between levels during the year and no changes in valuation techniques. ", "dimensions": { "concept": "ifrs-full:DisclosureOfFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-641": { "value": "Financial assets and financial liabilities
Fair value Total
Amortised through profit carrying Fair
cost
or loss
(1)
amount value
\u00a3m \u00a3m \u00a3m \u00a3m
At 30 June 2026
Financial assets
Trade receivables
122.1
\u2014
122.1
122.1
Other receivables
15.4
\u2014
15.4
15.4
Cash and cash equivalents
65.2
\u2014
65.2
65.2
202.7
\u2014
202.7
202.7
Financial assets held at fair value
Derivative financial instruments
(Level 2)
Forward currency contracts
\u2014
0.5
0.5
0.5
Interest rate collars
\u2014
0.1
0.1
0.1
Total financial assets
202.7
0.6
203.3
203.3
Financial liabilities
Trade and other payables
(203.9)
\u2014
(203.9)
(203.9)
Bank overdrafts
(3.2)
\u2014
(3.2)
(3.2)
Lease liabilities
(6.1)
\u2014
(6.1)
(6.1)
Bank and other loans
(178.7)
\u2014
(178.7)
(178.7)
(391.9)
\u2014
(391.9)
(391.9)
Financial liabilities held at fair value
Derivative financial instruments
(Level 2)
Forward currency contracts
\u2014
(0.3)
(0.3)
(0.3)
Interest rate collars
\u2014
\u2014
\u2014
\u2014
Total financial liabilities
(391.9)
(0.3)
(392.2)
(392.2)
Total
(189.2)
0.3
(188.9)
(188.9)
(1) Financial assets and financial liabilities classified as fair value through profit or loss are designated in hedge relationships as described within the interest risk and foreign exchange risk sections of this note.
Fair value Total
Amortised through profit carrying Fair
cost
or loss
(1)
amount value
\u00a3m \u00a3m \u00a3m \u00a3m
At 30 June 2025
Financial assets
Trade receivables
123.2
\u2014
123.2
123.2
Other receivables
10.9
\u2014
10.9
10.9
Cash and cash equivalents
34.2
\u2014
34.2
34.2
168.3
\u2014
168.3
168.3
Financial assets held at fair value
Derivative financial instruments
(Level 2)
Forward currency contracts
\u2014
0.2
0.2
0.2
Interest rate caps
\u2014
0.3
0.3
0.3
Total financial assets
168.3
0.5
168.8
168.8
Financial liabilities
Trade and other payables
(212.9)
\u2014
(212.9)
(212.9)
Bank overdrafts
(2.0)
\u2014
(2.0)
(2.0)
Lease liabilities
(8.3)
\u2014
(8.3)
(8.3)
Bank and other loans
(129.1)
\u2014
(129.1)
(129.1)
(352.3)
\u2014
(352.3)
(352.3)
Financial liabilities held at fair value
Derivative financial instruments
(Level 2)
Forward currency contracts
\u2014
(0.4)
(0.4)
(0.4)
Interest rate collars
\u2014
(0.1)
(0.1)
(0.1)
Total financial liabilities
(352.3)
(0.5)
(352.8)
(352.8)
Total
(184.0)
\u2014
(184.0)
(184.0)
(1) Financial assets and financial liabilities classified as fair value through profit or loss are designated in hedge relationships as described within the interest risk and foreign exchange risk sections of this note. In the tables above, the financial assets and financial liabilities held by the Group are categorised according to the basis on which they are measured. Financial assets and liabilities that are held at fair value are further categorised according to the degree to which the principal inputs used in determining their fair value represent observable market data as follows: \u2022 Level 1 \u2013 unadjusted quoted prices in active markets for identical assets or liabilities; \u2022 Level 2 \u2013 inputs other than Level 1 that are observable for the asset or liability, either directly (prices) or indirectly (derived from prices); and \u2022 Level 3 \u2013 inputs that are not based on observable market data (unobservable inputs). Derivative financial instruments comprise the foreign currency derivatives and interest rate derivatives that are held by the Group in designated hedging relationships. Foreign currency forward contracts are measured by reference to prevailing forward exchange rates. Foreign currency options are measured using a variant of the Monte Carlo valuation model. Interest rate collars are measured by discounting the related cash flows using yield curves derived from prevailing market interest rates. Cash and cash equivalents and bank and other loans largely attract floating interest rates. Accordingly, management considers that their carrying amount approximates to fair value. Lease obligations attract fixed interest rates that are implicit in the lease rentals and their fair value has been assessed relative to prevailing market interest rates. There were no transfers between levels during the year and no changes in valuation techniques. ", "dimensions": { "concept": "ifrs-full:DisclosureOfFairValueMeasurementExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-628": { "value": "Financial assets and financial liabilities
Fair value Total
Amortised through profit carrying Fair
cost
or loss
(1)
amount value
\u00a3m \u00a3m \u00a3m \u00a3m
At 30 June 2026
Financial assets
Trade receivables
122.1
\u2014
122.1
122.1
Other receivables
15.4
\u2014
15.4
15.4
Cash and cash equivalents
65.2
\u2014
65.2
65.2
202.7
\u2014
202.7
202.7
Financial assets held at fair value
Derivative financial instruments
(Level 2)
Forward currency contracts
\u2014
0.5
0.5
0.5
Interest rate collars
\u2014
0.1
0.1
0.1
Total financial assets
202.7
0.6
203.3
203.3
Financial liabilities
Trade and other payables
(203.9)
\u2014
(203.9)
(203.9)
Bank overdrafts
(3.2)
\u2014
(3.2)
(3.2)
Lease liabilities
(6.1)
\u2014
(6.1)
(6.1)
Bank and other loans
(178.7)
\u2014
(178.7)
(178.7)
(391.9)
\u2014
(391.9)
(391.9)
Financial liabilities held at fair value
Derivative financial instruments
(Level 2)
Forward currency contracts
\u2014
(0.3)
(0.3)
(0.3)
Interest rate collars
\u2014
\u2014
\u2014
\u2014
Total financial liabilities
(391.9)
(0.3)
(392.2)
(392.2)
Total
(189.2)
0.3
(188.9)
(188.9)
(1) Financial assets and financial liabilities classified as fair value through profit or loss are designated in hedge relationships as described within the interest risk and foreign exchange risk sections of this note.
Fair value Total
Amortised through profit carrying Fair
cost
or loss
(1)
amount value
\u00a3m \u00a3m \u00a3m \u00a3m
At 30 June 2025
Financial assets
Trade receivables
123.2
\u2014
123.2
123.2
Other receivables
10.9
\u2014
10.9
10.9
Cash and cash equivalents
34.2
\u2014
34.2
34.2
168.3
\u2014
168.3
168.3
Financial assets held at fair value
Derivative financial instruments
(Level 2)
Forward currency contracts
\u2014
0.2
0.2
0.2
Interest rate caps
\u2014
0.3
0.3
0.3
Total financial assets
168.3
0.5
168.8
168.8
Financial liabilities
Trade and other payables
(212.9)
\u2014
(212.9)
(212.9)
Bank overdrafts
(2.0)
\u2014
(2.0)
(2.0)
Lease liabilities
(8.3)
\u2014
(8.3)
(8.3)
Bank and other loans
(129.1)
\u2014
(129.1)
(129.1)
(352.3)
\u2014
(352.3)
(352.3)
Financial liabilities held at fair value
Derivative financial instruments
(Level 2)
Forward currency contracts
\u2014
(0.4)
(0.4)
(0.4)
Interest rate collars
\u2014
(0.1)
(0.1)
(0.1)
Total financial liabilities
(352.3)
(0.5)
(352.8)
(352.8)
Total
(184.0)
\u2014
(184.0)
(184.0)
(1) Financial assets and financial liabilities classified as fair value through profit or loss are designated in hedge relationships as described within the interest risk and foreign exchange risk sections of this note. In the tables above, the financial assets and financial liabilities held by the Group are categorised according to the basis on which they are measured. Financial assets and liabilities that are held at fair value are further categorised according to the degree to which the principal inputs used in determining their fair value represent observable market data as follows: \u2022 Level 1 \u2013 unadjusted quoted prices in active markets for identical assets or liabilities; \u2022 Level 2 \u2013 inputs other than Level 1 that are observable for the asset or liability, either directly (prices) or indirectly (derived from prices); and \u2022 Level 3 \u2013 inputs that are not based on observable market data (unobservable inputs). Derivative financial instruments comprise the foreign currency derivatives and interest rate derivatives that are held by the Group in designated hedging relationships.
Foreign currency forward contracts are measured by reference to prevailing forward
exchange rates. Foreign currency options are measured using a variant of the Monte Carlo
valuation model. Interest rate collars are measured by discounting the related cash flows
using yield curves derived from prevailing market interest rates.
Cash and cash equivalents and bank and other loans largely attract floating interest rates.
Accordingly, management considers that their carrying amount approximates to fair value.
Lease obligations attract fixed interest rates that are implicit in the lease rentals and their
fair value has been assessed relative to prevailing market interest rates.
There were no transfers between levels during the year and no changes in valuation
techniques.
", "dimensions": { "concept": "ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-629": { "value": "
Credit risk
Credit risk is the risk that a counterparty will default on its contractual obligations resulting
in financial loss to the Group.
The Group has three types of financial assets that are subject to the expected credit
loss model:
\u2022 trade receivables;
\u2022 other receivables; and
\u2022 cash and cash equivalents.
Information regarding expected credit losses on trade receivables is disclosed in note 17.
While other receivables and cash and cash equivalents are also subject to the impairment
requirements of IFRS 9, the identified impairment loss was minimal. The Group\u2019s cash
balances are managed such that there is no significant concentration of credit risk in any
one bank or other financial institution. Management regularly monitors the credit quality of
the institutions with which it holds deposits. Similar considerations are given to the Group\u2019s
portfolio of derivative financial instruments.
The Group uses judgement to determine that the credit risk of financial assets has not
significantly changed since initial recognition and regularly monitors the value of the
instruments. As such, credit risk is not considered to be a significant factor in changes to
the values of financial assets. All of the financial derivatives are deemed to have low credit
risk on initial recognition as they are predominantly hedges of foreign exchange risk and
executed with a diverse and strong portfolio of counterparties.
Before accepting a new customer, management assesses the customer\u2019s credit quality and
establishes a credit limit. Credit quality is assessed using data maintained by reputable
credit rating agencies, by the checking of references included in credit applications and,
where they are available, by reviewing the customer\u2019s recent financial statements. Credit
limits are subject to multiple levels of authorisation and are reviewed on a regular basis.
Credit insurance is employed where it is considered to be cost effective. At 30 June 2026,
the majority of trade receivables were due from major retailers in the UK and Europe.
At 30 June 2026, the Group\u2019s maximum exposure to credit risk was as follows (there was no significant concentration of credit risk):
2026 2025
\u00a3m \u00a3m
Trade and other receivables:
Trade receivables
122.1
123.2
Other receivables
15.4
10.9
137.5
134.1
Derivative financial instruments
0.6
0.5
Cash and cash equivalents
65.2
34.2
Total
203.3
168.8
", "dimensions": { "concept": "ifrs-full:DisclosureOfCreditRiskExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-630": { "value": "Liquidity risk Liquidity risk is the risk that the Group will encounter difficulty in meeting the obligations associated with its financial liabilities. The Group\u2019s borrowing facilities are monitored against forecast requirements and timely action is taken to put in place, renew or replace credit lines. During the year, the Group exercised part of the accordion feature within the RCF agreement, increasing the facility to \u20ac240 million. The Group also exercised the first one-year extension option, maintaining the initial four-year term with a revised expiry of November 2029, with an additional option to extend by a further one year. This facility ensures the Group continues to have significant levels of liquidity headroom and reverts to more traditional covenant requirements. Additionally, the Group has access to a further \u20ac35 million remaining within the accordion feature. At 30 June 2026, liquidity (1) , which is no longer a covenant requirement of the RCF agreement, was \u00a3167.6 million (2025: \u00a3141.4m), due to the increase in the RCF commitment. At 30 June 2026, the net debt cover ratio (1) under the RCF funding arrangements was 0.6x (2025: 0.4x) and the interest cover(1) was 8.8x (2025: 8.5x), both comfortably compliant with the agreement requirements of less than 3.0x and more than 4.0x respectively. The amount undrawn on the facility was \u00a3100.6 million (2025: \u00a3107.2m). At 30 June 2026, the Group had a number of facilities whereby it could borrow against certain of its trade receivables. In the UK, the Group had a \u00a320 million facility. In Spain, France and Belgium, the Group had an unlimited facility. In Germany and Denmark, the Group had a \u20ac45 million facility, committed until December 2029. In Italy, the Group had a \u20ac23 million facility, committed until April 2028. The Group is negotiating new facilities for France and Spain to renew the commitment until November 2029 and is also negotiating the commitment for Belgium with the current provider. The Group can borrow from the provider of the relevant facility up to the lower of the facility limit and the value of the respective receivables.
(1) Please refer to APM in note 30.
At 30 June 2026, the carrying amount of trade receivables eligible for transfer and the amounts borrowed under the facility were as follows:
2026 2025
\u00a3m \u00a3m
Trade receivables available
73.6
67.8
Amount borrowed
(73.6)
(67.8)
Amount undrawn
\u2014
\u2014
The Group no longer has any uncommitted working capital facilities. In the following tables, estimated future contractual undiscounted cash flows in respect of the Group\u2019s financial liabilities are analysed according to the earliest date on which the Group could be required to settle the liability. Floating rate interest payments are estimated based on market interest rates prevailing at the balance sheet date. Payments and receipts in relation to derivative financial instruments are shown net if they will be settled on a net basis.
Within Between Between Between Between After
1 year 1 and 2 years 2 and 3 years 3 and 4 years 4 and 5 years 5 years Total
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
At 30 June 2026
Bank overdrafts
(3.2)
\u2014
\u2014
\u2014
\u2014
\u2014
(3.2)
Bank and other loans:
Principal
(73.6)
\u2014
\u2014
(106.2)
\u2014
\u2014
(179.8)
Interest payments
(0.8)
\u2014
\u2014
\u2014
\u2014
\u2014
(0.8)
Lease liabilities
(1)
(2.4)
(2.0)
(1.3)
(0.4)
(0.3)
(0.5)
(6.9)
Trade and other payables
(203.9)
\u2014
\u2014
\u2014
\u2014
\u2014
(203.9)
Cash flows on non-derivative liabilities
(283.9)
(2.0)
(1.3)
(106.6)
(0.3)
(0.5)
(394.6)
Cash flows on derivative liabilities
Payments
(103.6)
(0.7)
\u2014
\u2014
\u2014
\u2014
(104.3)
Cash flows on financial liabilities
(387.5)
(2.7)
(1.3)
(106.6)
(0.3)
(0.5)
(498.9)
Cash flows on derivative assets
Receipts
103.8
0.6
0.1
\u2014
\u2014
\u2014
104.5
(283.7)
(2.1)
(1.2)
(106.6)
(0.3)
(0.5)
(394.4)
(1) Lease liabilities are undiscounted.
Within Between Between Between Between After
1 year 1 and 2 years 2 and 3 years 3 and 4 years 4 and 5 years 5 years Total
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
At 30 June 2025
Bank overdrafts
(2.0)
\u2014
\u2014
\u2014
\u2014
\u2014
(2.0)
Bank and other loans:
Principal
(67.8)
\u2014
\u2014
(61.9)
\u2014
\u2014
(129.7)
Interest payments
(0.5)
\u2014
\u2014
\u2014
\u2014
\u2014
(0.5)
Lease liabilities
(1)
(4.0)
(2.0)
(1.5)
(0.9)
(0.2)
(0.7)
(9.3)
Trade and other payables
(212.9)
\u2014
\u2014
\u2014
\u2014
\u2014
(212.9)
Cash flows on non-derivative liabilities
(287.2)
(2.0)
(1.5)
(62.8)
(0.2)
(0.7)
(354.4)
Cash flows on derivative liabilities
Payments
(93.3)
(0.5)
\u2014
\u2014
\u2014
\u2014
(93.8)
Cash flows on financial liabilities
(380.5)
(2.5)
(1.5)
(62.8)
(0.2)
(0.7)
(448.2)
Cash flows on derivative assets
Receipts
93.5
0.5
\u2014
\u2014
\u2014
\u2014
94.0
(287.0)
(2.0)
(1.5)
(62.8)
(0.2)
(0.7)
(354.2)
(1) Lease liabilities are undiscounted. ", "dimensions": { "concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-631": { "value": "Interest rate risk Interest rate risk is the risk that the fair value of, or future cash flows associated with, a financial instrument will fluctuate due to changes in market interest rates. The Group is exposed to interest rate risk on its floating rate borrowings, which it has mitigated using interest rate derivatives in the form of interest rate collars with maturities up to 2027. Under the Group\u2019s policy the critical terms of the derivatives must align with the hedged items. The interest rate instruments executed are matched against the term, currency and entity where the borrowing exists, fixing the value of interest paid in line with the Group policy. They are monitored to ensure that critical terms of the instrument continue to match the transaction. The hedge ratio is determined by the Group\u2019s Treasury Policy, which states that the Group aims to be c.50% hedged against the potential adverse effects of interest exposure on its consolidated net debt. The instruments are matched on a 1:1 ratio with the transaction. Hedge ineffectiveness could be caused through fluctuating forecasts. Forecasts are monitored regularly and the Group intends to repay debt in line with the timeframe of the hedges entered into. If this changes, additional hedges are executed in order to maintain the policy level. The changes in the time value of the options that relate to hedged items are deferred in the cash flow hedge reserve and are treated as the cost of hedging. After taking into account the Group\u2019s currency and interest rate hedging activities, the currency and interest rate profile of the Group\u2019s interest-bearing financial assets and financial liabilities was as follows:
2026
2025
Danish Polish Other Danish Polish Other
Euro Sterling Krone Zloty currencies Total Euro Sterling Krone Zloty currencies Total
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Floating rate
Bank overdrafts
(0.7)
(2.5)
\u2014
\u2014
\u2014
(3.2)
(2.0)
\u2014
\u2014
\u2014
\u2014
(2.0)
Bank and other loans
(82.4)
(18.3)
(1.2)
\u2014
\u2014
(101.9)
5.1
(37.0)
\u2014
\u2014
\u2014
(31.9)
Cash and cash equivalents
58.6
0.7
0.5
0.4
5.0
65.2
27.2
1.7
0.6
0.2
4.5
34.2
(24.5)
(20.1)
(0.7)
0.4
5.0
(39.9)
30.3
(35.3)
0.6
0.2
4.5
0.3
Fixed rate
Bank and other loans
(51.8)
(25.0)
\u2014
\u2014
\u2014
(76.8)
(72.2)
(25.0)
\u2014
\u2014
\u2014
(97.2)
Total
(76.3)
(45.1)
(0.7)
0.4
5.0
(116.7)
(41.9)
(60.3)
0.6
0.2
4.5
(96.9)
Interest payable on bank overdrafts and floating rate loans is based on base rates and short-term interbank rates (predominantly EURIBOR and SONIA). At 30 June 2026, the weighted average interest rate payable on bank and other loans was 4.1% (2025: 5.0%). At 30 June 2026, the weighted average interest rate receivable on cash and cash equivalents was 0.0% (2025: 0.0%). At 30 June 2026, the Group held interest rate collars which cap the maximum rate payable but allow the rate to float below this maximum, down to a floor where the Group would have to pay the floor rate if interest rates were to drop below this rate.
Interest
rate derivatives
2026 \u00a3m
Carrying amount
0.1
Notional amount
42.7
Maturity date
Jul 2026\u2013Jun 2029
Hedging ratio
1:1
Change in value of outstanding hedge instruments
0.0
Change in value of hedged item used to determine hedge effectiveness
0.0
Weighted average hedged rate for the year
2.045%\u20133.47%
Interest
rate derivatives
2025 \u00a3m
Carrying amount
0.3
Notional amount
114.8
Maturity date
Jul 2025\u2013Jun 2027
Hedging ratio
1:1
Change in value of outstanding hedge instruments
(0.5)
Change in value of hedged item used to determine hedge effectiveness
0.5
Weighted average hedged rate for the year
0.00%\u20134.15%
All interest rate derivatives held by the Group are indexed to three-month EURIBOR or SONIA. Fixed or capped interest rates shown in the above table do not include the margin over market interest rates payable on the Group\u2019s borrowings. On the assumption that a change in market interest rates would be applied to the interest rate exposures that were in existence at the balance sheet date and that designated cash flow hedges are 100% effective, an increase of 100 basis points in market interest rates would have decreased the Group\u2019s profit before tax by \u00a30.4 million (2025: \u00a30.3m). Conversely, a decrease of 100 basis points in market interest rates would have increased the Group\u2019s profit before tax by \u00a30.4 million (2025: \u00a31.0m). Foreign currency risk Transaction risk Foreign currency transaction risk arises on sales and purchases denominated in currencies other than the functional currency of the entity that enters into the transaction. While the magnitude of these exposures is relatively low, the Group\u2019s policy is to hedge committed transactions in full and to hedge a proportion of highly probable forecast transactions on a twelve-month rolling basis. Foreign currency transaction risk also arises on financial assets and liabilities denominated in foreign currencies and Group policy allows for these exposures to be hedged using forward currency contracts. The Group determines the economic relationship between the hedged item and the hedging instrument for the purpose of assessing hedge effectiveness. The cost of the transaction increases as the exchange rate weakens, as the hedge instruments in place are foreign currency liabilities. This same movement in exchange rates would result in an increase in the value of the liability. The value of the invoices paid is regularly monitored to ensure the hedges in place continue to meet the monthly exposures and that critical terms of the instrument continue to match the transaction. On maturity of the hedge, the gain or loss recorded against the spot rate is recorded in the same income statement line as the invoiced transaction. The hedge ratio is determined by the Group\u2019s Treasury Policy, which provides a maximum and minimum hedge level for a number of time brackets. The compliance with this policy is monitored monthly and new hedges are also added monthly if required. The level of hedges required is reviewed monthly during the Treasury Management Committee meeting. The instruments are matched on a 1:1 ratio with the transaction. Hedge ineffectiveness could be caused through the different timing of the payment runs so that the hedges mature at a different point to the invoices being paid, fluctuating forecasts or changes to the nature of the business. These risks are mitigated through the following measures: \u2022 phasing hedges to cover the change of the timing of payments runs; \u2022 monitoring forecasts monthly and adding hedges to reflect any changes; \u2022 the percentage of hedges permitted allowing for the potential uncertainty towards the end of the forecast period; and \u2022 building significant changes into the forecast, with any changes being allowed for the purchases made. At 30 June 2026, the notional principal amount of outstanding foreign currency contracts (net purchases) that are held to hedge the Group\u2019s transaction exposures was \u00a314.6 million (2025: \u00a314.4m). For accounting purposes, the Group has designated the foreign currency contracts as cash flow hedges. At 30 June 2026, the fair value of the contracts was \u00a3(0.2) million (2025: \u00a30.2m). During 2026, a loss of \u00a30.2 million (2025: loss of \u00a30.1m) was recognised in other comprehensive income and a loss of \u00a30.2 million (2025: loss of \u00a30.5m) was transferred from the cash flow reserve to the income statement in respect of these contracts. Translation risk Foreign currency translation risk arises on consolidation in relation to the translation into Sterling of the results and net assets of the Group\u2019s foreign subsidiaries. The Group\u2019s policy is to hedge a substantial proportion of overseas net assets using a combination of foreign currency borrowings and foreign currency swaps. The Group hedges part of the currency exposure on translating the results of its foreign subsidiaries into Sterling using average rate options. This exposure is also mitigated by the natural hedge provided by the interest payable on the Group\u2019s foreign currency borrowings. At 30 June 2026, the fair value of the average rate options was \u00a30.3 million (2025: \u00a3nil). The Group determines the economic relationship between the hedged item and the hedging instrument for the purpose of assessing hedge effectiveness. The value of Group assets increases as the exchange rate weakens, as the hedge instrument in place is a foreign currency liability. This same movement in exchange rates would result in an increase in the value of the liability. When hedges mature, any settlements offset the gain or loss on translation of the hedged item and are monitored to ensure critical terms of the instrument continue to match the transaction. The hedge ratio is determined by the Group\u2019s Treasury Policy, which states the Group will hedge up to 100% of the budgeted exposure. The instruments are matched on a 1:1 ratio with the transaction. Hedge ineffectiveness could be caused through fluctuations in the forecasted numbers. This is mitigated by hedging a relatively low proportion of the hedged item. At 30 June 2026, the Group had designated as net investment hedges \u00a341.4 million (2025: \u00a311.5m) of its Euro-denominated borrowings and three-month rolling foreign currency forward contracts with a notional principal amount of \u00a389.5 million (2025: \u00a379.5m). During 2026, a gain of \u00a30.7 million (2025: \u00a30.1m) was recognised in other comprehensive income in relation to the net investment hedges. At 30 June 2026, the fair value of the net investment hedges was a profit of \u00a30.0 million (2025: loss of \u00a30.4m). The currency profile of the Group\u2019s net assets (excluding non-controlling interests) before and after hedging currency translation exposures was as follows:
2026
2025
Net assets/ Net assets/
(liabilities) Currency Net assets (liabilities) Currency Net assets
before forward after before forward after
hedging contracts hedging hedging contracts hedging
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Sterling
11.3
89.5
100.8
(44.0)
79.5
35.5
Euro
62.7
(58.9)
3.8
93.6
(51.4)
42.2
Polish Zloty
8.8
(8.0)
0.8
10.4
(7.7)
2.7
Danish Krone
14.8
(13.8)
1.0
22.6
(18.3)
4.3
Malaysian Ringgit
8.5
(6.5)
2.0
7.3
\u2014
7.3
Other
5.0
(2.3)
2.7
4.4
(2.1)
2.3
Total
111.1
\u2014
111.1
94.3
\u2014
94.3
The Group\u2019s exposure to a +/- 10% change in EUR/GBP exchange rate is as follows:
2026
2025
EUR +10% EUR -10% EUR +10% EUR -10%
\u00a3m \u00a3m \u00a3m \u00a3m
Impact on equity
(1.3)
1.4
(1.3)
1.5
The impact on equity shown above predominantly relates to EUR/GBP contracts that qualify for net investment and cash flow hedge accounting. The Group uses a combination of foreign currency options and foreign currency forwards to hedge its exposure to foreign currency risk. Under the Group\u2019s policy, the critical terms of the forwards and options must align with the hedged items. When forward contracts are used to hedge forecast transactions, the Group generally designates the change in the fair value of the forward contract related to both the spot component and forward element as the hedging instrument. For option contracts, the change in the fair value of the option contract related to the intrinsic value is designated as the hedging instrument. The time value of money is treated as a cost of hedging. In relation to the hedging activities as described above, the effects of foreign currency related hedging instruments on the Group\u2019s financial position and performance are as follows:
Foreign currency forwards
2026
Transactional
Translational
Carrying amount (\u00a3m)
(0.2)
0.0
Notional amount (\u00a3m)
14.6
89.5
Maturity date
July 2026-September 2027
September 2026
Hedging ratio
1:1
1:1
Change in value of outstanding
hedge instruments (\u00a3m)
(0.2)
0.0
Change in value of hedged
item used to determine hedge
effectiveness (\u00a3m)
0.2
0.0
Weighted average hedged rate
for the year
\u20ac1.1641:\u00a31
Various
(1)
(1) The weighted average hedged rate for the year, by currency denomination, was \u20ac1.1499:\u00a31, Zloty 4.9226:\u00a31, Krone 8.5673:\u00a31, AUD 2.0212:\u00a31, MYR 5.3560:\u00a31.
Foreign currency forwards
2025
Transactional
Translational
Carrying amount (\u00a3m)
0.2
(0.4)
Notional amount (\u00a3m)
14.4
79.5
Maturity date
July 2025-September 2026
September 2025
Hedging ratio
1:1
1:1
Change in value of outstanding
hedge instruments (\u00a3m)
0.2
(0.4)
Change in value of hedged
item used to determine hedge
effectiveness (\u00a3m)
(0.2)
0.4
Weighted average hedged rate
for the year
\u20ac1.1633:\u00a31
Various
(1)
(1) The weighted average hedged rate for the year, by currency denomination, was \u20ac1.1905:\u00a31, Zloty 5.1203:\u00a31, Krone 8.9027:\u00a31. Concentration risk The Company only enters facility agreements and hedge transactions with entities that are also party to the RCF. This concentrates risk to a small number of institutes. These institutes are based across a number of European countries and are well-recognised financial institutes. ", "dimensions": { "concept": "ifrs-full:DisclosureOfMarketRiskExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-610": { "value": "21. Capital and net debt The Group\u2019s capital comprises total equity and net debt. Capital management The Directors manage the Group\u2019s capital to safeguard its ability to continue as a going concern in order to provide returns for shareholders and benefits for other stakeholders. The Directors aim to maintain an efficient capital structure with a relatively conservative level of debt-to-equity gearing. This is to ensure continued access to a broad range of financing sources in order to provide sufficient flexibility to pursue commercial opportunities as they arise. In order to achieve this overall objective, the Group\u2019s capital management, amongst other things, aims to ensure that it meets financial covenants attached to borrowings. Breaches in meeting the financial covenants would permit the bank to call in loans and borrowings immediately. There have been no breaches in the financial covenants of any borrowings in the current year. The capital structure of the Group consists of debt, which includes borrowings disclosed in note 19, cash and cash equivalents and equity attributable to equity holders of the Company, comprising issued capital, reserves and retained earnings. The Group may maintain or adjust its capital structure by adjusting the amount of dividends paid to shareholders, returning capital to shareholders, issuing new shares or selling assets to reduce debt. The Group manages the capital structure and makes adjustments to it in the light of changes in economic conditions and the risk characteristics of the Group, and in order to meet the financial covenants described in note 20. The Board regularly reviews the capital structure. No changes were made in the objectives, policies or processes for managing capital during the years ended 30 June 2026 and 30 June 2025. The Group\u2019s capital was as follows:
2026 2025 2024
\u00a3m \u00a3m \u00a3m
Total equity
111.1
94.3
63.4
Net debt
122.8
105.2
131.5
Capital
233.9
199.5
194.9
2026 2025
% %
Gearing
(1)
56.7
53.3
(1) Gearing represents net debt divided by the average of opening and closing capital, being total equity plus net debt.
IFRS 16 Currency
At 1 July non-cash Cash translation At 30 June
2025
movements
(1)
flows differences 2026
Movements in net debt were as follows: \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Overdrafts
(2.0)
\u2014
(1.2)
\u2014
(3.2)
Bank loans
(61.3)
\u2014
(43.7)
(0.1)
(105.1)
Other loans
(67.8)
\u2014
(5.8)
\u2014
(73.6)
Lease liabilities
(8.3)
(2.2)
4.5
(0.1)
(6.1)
Financial liabilities
(139.4)
(2.2)
(46.2)
(0.2)
(188.0)
Cash and cash equivalents
34.2
\u2014
30.6
0.4
65.2
Net debt
(105.2)
(2.2)
(15.6)
0.2
(122.8)
IFRS 16 Currency
At 1 July non-cash Cash translation At 30 June
2024
movements
(1)
flows differences 2025
Movements in net debt were as follows: \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Overdrafts
(11.8)
\u2014
9.8
\u2014
(2.0)
Bank loans
(65.0)
\u2014
3.9
(0.2)
(61.3)
Other loans
(55.6)
\u2014
(11.5)
(0.7)
(67.8)
Lease liabilities
(8.4)
(4.0)
4.2
(0.1)
(8.3)
Financial liabilities
(140.8)
(4.0)
6.4
(1.0)
(139.4)
Cash and cash equivalents
9.3
\u2014
24.3
0.6
34.2
Net debt
(131.5)
(4.0)
30.7
(0.4)
(105.2)
(1) IFRS 16 non-cash movements includes additions of \u00a31.8 million (2025: \u00a33.6m), disposals of \u00a3nil (2025: \u00a3nil) and interest charged of \u00a30.4 million (2025: \u00a30.4m).
A reconciliation of the net cash flow to the movement 2026 2025
in net debt is shown as follows: \u00a3m \u00a3m
Increase in net cash and cash equivalents
30.6
24.3
Net (drawdown)/repayment of bank loans and overdrafts
(50.7)
2.2
Change in net debt resulting from cash flows
(20.1)
26.5
Currency translation differences
0.3
(0.3)
Movement in net debt in the year
(19.8)
26.2
Net debt at the beginning of the year excluding lease liabilities
(96.9)
(123.1)
Net debt at the end of the year excluding lease liabilities
(116.7)
(96.9)
Lease liabilities at 1 July
(8.3)
(8.4)
Lease liabilities non-cash movements
(2.2)
(4.0)
Repayment of IFRS 16 lease liabilities
4.5
4.2
Currency translation differences
(0.1)
(0.1)
Net debt at the end of the year
(122.8)
(105.2)
", "dimensions": { "concept": "ifrs-full:DisclosureOfDebtSecuritiesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-632": { "value": "21. Capital and net debt The Group\u2019s capital comprises total equity and net debt. Capital management The Directors manage the Group\u2019s capital to safeguard its ability to continue as a going concern in order to provide returns for shareholders and benefits for other stakeholders. The Directors aim to maintain an efficient capital structure with a relatively conservative level of debt-to-equity gearing. This is to ensure continued access to a broad range of financing sources in order to provide sufficient flexibility to pursue commercial opportunities as they arise. In order to achieve this overall objective, the Group\u2019s capital management, amongst other things, aims to ensure that it meets financial covenants attached to borrowings. Breaches in meeting the financial covenants would permit the bank to call in loans and borrowings immediately. There have been no breaches in the financial covenants of any borrowings in the current year. The capital structure of the Group consists of debt, which includes borrowings disclosed in note 19, cash and cash equivalents and equity attributable to equity holders of the Company, comprising issued capital, reserves and retained earnings. The Group may maintain or adjust its capital structure by adjusting the amount of dividends paid to shareholders, returning capital to shareholders, issuing new shares or selling assets to reduce debt. The Group manages the capital structure and makes adjustments to it in the light of changes in economic conditions and the risk characteristics of the Group, and in order to meet the financial covenants described in note 20. The Board regularly reviews the capital structure. No changes were made in the objectives, policies or processes for managing capital during the years ended 30 June 2026 and 30 June 2025. The Group\u2019s capital was as follows:
2026 2025 2024
\u00a3m \u00a3m \u00a3m
Total equity
111.1
94.3
63.4
Net debt
122.8
105.2
131.5
Capital
233.9
199.5
194.9
2026 2025
% %
Gearing
(1)
56.7
53.3
(1) Gearing represents net debt divided by the average of opening and closing capital, being total equity plus net debt.
IFRS 16 Currency
At 1 July non-cash Cash translation At 30 June
2025
movements
(1)
flows differences 2026
Movements in net debt were as follows: \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Overdrafts
(2.0)
\u2014
(1.2)
\u2014
(3.2)
Bank loans
(61.3)
\u2014
(43.7)
(0.1)
(105.1)
Other loans
(67.8)
\u2014
(5.8)
\u2014
(73.6)
Lease liabilities
(8.3)
(2.2)
4.5
(0.1)
(6.1)
Financial liabilities
(139.4)
(2.2)
(46.2)
(0.2)
(188.0)
Cash and cash equivalents
34.2
\u2014
30.6
0.4
65.2
Net debt
(105.2)
(2.2)
(15.6)
0.2
(122.8)
IFRS 16 Currency
At 1 July non-cash Cash translation At 30 June
2024
movements
(1)
flows differences 2025
Movements in net debt were as follows: \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
Overdrafts
(11.8)
\u2014
9.8
\u2014
(2.0)
Bank loans
(65.0)
\u2014
3.9
(0.2)
(61.3)
Other loans
(55.6)
\u2014
(11.5)
(0.7)
(67.8)
Lease liabilities
(8.4)
(4.0)
4.2
(0.1)
(8.3)
Financial liabilities
(140.8)
(4.0)
6.4
(1.0)
(139.4)
Cash and cash equivalents
9.3
\u2014
24.3
0.6
34.2
Net debt
(131.5)
(4.0)
30.7
(0.4)
(105.2)
(1) IFRS 16 non-cash movements includes additions of \u00a31.8 million (2025: \u00a33.6m), disposals of \u00a3nil (2025: \u00a3nil) and interest charged of \u00a30.4 million (2025: \u00a30.4m).
A reconciliation of the net cash flow to the movement 2026 2025
in net debt is shown as follows: \u00a3m \u00a3m
Increase in net cash and cash equivalents
30.6
24.3
Net (drawdown)/repayment of bank loans and overdrafts
(50.7)
2.2
Change in net debt resulting from cash flows
(20.1)
26.5
Currency translation differences
0.3
(0.3)
Movement in net debt in the year
(19.8)
26.2
Net debt at the beginning of the year excluding lease liabilities
(96.9)
(123.1)
Net debt at the end of the year excluding lease liabilities
(116.7)
(96.9)
Lease liabilities at 1 July
(8.3)
(8.4)
Lease liabilities non-cash movements
(2.2)
(4.0)
Repayment of IFRS 16 lease liabilities
4.5
4.2
Currency translation differences
(0.1)
(0.1)
Net debt at the end of the year
(122.8)
(105.2)
", "dimensions": { "concept": "ifrs-full:DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-611": { "value": "UK defined benefit pension scheme (i) Background In the UK, the Robert McBride Pension Fund (the \u2018Fund\u2019) provides pension benefits based on the final pensionable salary and period of qualifying service of the participating employees. The UK defined benefit fund was closed to future service accrual from 29 February 2016. Staff affected by this change were offered a new defined contribution scheme from that date. The Trustee of the Fund is Entrust Pension Limited (the \u2018Trustee\u2019), which acts in accordance with the terms of a governing Trust Deed and relevant legislation. Regular assessments of the Fund\u2019s benefit obligations are carried out by an independent actuary on behalf of the Trustee and long-term contribution rates are agreed between the Trustee and the Company on the basis of the actuary\u2019s recommendations. Following the triennial valuation as at 31 March 2024, McBride and the Trustee agreed a new deficit reduction plan based on the scheme funding deficit of \u00a332.3 million. A total amount of \u00a37.0 million was paid in the year ended 30 June 2025, being a \u00a35.3 million annual deficit reduction contribution, plus a \u00a31.7 million \u2018one-off\u2019 payment for the removal of the Trustee\u2019s dividend matching mechanism. It was agreed that, from 1 July 2025, \u00a35.7 million per annum is payable until 30 June 2028 and, from 1 July 2028, deficit reduction contributions revert to the previous agreement of 1 October 2024, with \u00a34.0 million payable per annum, plus up to \u00a31.7 million per annum in conditional profit-related contributions, which are determined as follows: \u2022 If adjusted operating profit exceeds \u00a335.0 million, additional annual deficit contributions of \u00a31.7 million will be due the following year. \u2022 If adjusted operating profit is below \u00a330.0 million then no profit-related contributions will be due the following year. \u2022 If adjusted operating profit is between \u00a330.0 million and \u00a335.0 million, a proportion of the \u00a31.7 million contribution will be due the following year, with incremental increases of \u00a30.34 million of additional contributions for each whole \u00a31.0 million of adjusted operating profit in excess of \u00a330.0 million. (ii) Assumptions and sensitivities For accounting purposes, the Fund\u2019s benefit obligation has been calculated based on data gathered for the 2024 triennial actuarial valuation and by applying assumptions made by the Company on the advice of an independent actuary in accordance with IAS 19, \u2018Employee Benefits\u2019, which differ in certain respects from the assumptions made by the Trustee for the purpose of the actuarial valuation. The principal assumptions used in calculating the benefit obligation at the end of the year were as follows:
2026
2025
Discount rate
5.85%
5.50%
Inflation rate:
Retail Prices Index
3.00%
2.95%
Consumer Prices Index
2.50%
2.30%
Revaluation of deferred pensions (in excess of GMP)
Accrued before 6 April 2009
2.50%
2.30%
Accrued on or after 6 April 2009
2.50%
2.30%
Increase in pensions in payment (in excess of GMP)
Accrued before 1 April 2011
2.87%
2.83%
Accrued on or after 1 April 2011
1.95%
1.91%
The duration of the Fund\u2019s liabilities is estimated to be eleven years, i.e. the average time until a payment is made is eleven years. In practice, the Fund\u2019s liabilities are expected to continue for upwards of 50 years. The mortality assumptions are based on a medically underwritten mortality study which was carried out in 2017 to identify the current health of a sample group of Fund members, and a postcode analysis for the remainder of the membership. This was translated into mortality assumptions for use in calculating the IAS 19 scheme liabilities. Specifically, a rating of 102% (2025: 102%) of the standard Self-Administered Pension Scheme (SAPS) S2 tables has been used for the IAS 19 disclosures as at 30 June 2026. In 2026, the future mortality improvement model reflects the Continuous Mortality Investigation (CMI) 2025 projections with an allowance for long-term rates of improvement of 1.0% p.a. for males and females (2025: 1.0% p.a. for males and females). The 2025 CMI model has a smoothing parameter for which the default value of 7.0 (2025: 7.0) has been adopted. There is also an initial addition parameter for which the default value of 0.00% (2025: 0.25%) has been adopted. These assumptions are equivalent to a life expectancy at 65 of 21.2 years (2025: 20.9 years) for males and 23.2 years (2025: 23.1 years) for females.
2026 2025
Life expectancies at age 65 for: Years Years
Member retiring in the next year:
Male
21.2
20.9
Female
23.2
23.1
Member retiring 20 years from now:
Male
22.2
21.9
Female
24.4
24.3
At 30 June 2026, the sensitivity of the benefit obligation to changes in the principal assumptions was as follows (assuming in each case that the other assumptions are unchanged):
Change in Increase in Decrease in
assumption assumption assumption
Discount rate
+/- 0.1%
Decrease by \u00a31.0m
Increase by \u00a31.0m
Inflation rate
(1)
+/- 0.1%
Increase by \u00a30.7m
Decrease by \u00a30.7m
Life expectancy
+1 year
Increase by \u00a32.8m
n/a
(1) This includes the impact on deferred and in-payment pension increase assumptions. The assumption sensitivities are reasonable expectations of potential changes in the assumptions. (iii) Fund\u2019s assets The Fund\u2019s assets are held separately from those of the Group and are managed by professional investment managers on behalf of the Trustee. The majority of the Fund\u2019s assets are invested on the Schroders platform. Custody of the Fund\u2019s investment assets is provided through Schroders as part of the platform arrangements. The Fund\u2019s current investment objective is to achieve a return of gilts plus 2.0% per annum and to hedge 75% of the Fund\u2019s interest rate and inflation exposure on a Technical Provisions (TP) basis. In addition to the assets held on the Schroders platform, the Fund also holds assets in private market investments. The Trustee regularly reviews these holdings and has agreed to maintain the current positions, recognising that these investments are expected to mature and realise value over time. As proceeds are returned from these investments, the cash will be distributed back to the Fund and managed in accordance with the Fund\u2019s overall investment strategy. The Fund holds no investment in securities issued by, nor any property used by, McBride plc or any of its subsidiaries. The fair value of the Fund\u2019s assets at the end of the year was as follows:
2026 Asset 2025 Asset
\u00a3m classification \u00a3m classification
Private markets
14.2
Unquoted
19.3
Unquoted
Liability-driven investment
33.1
Quoted
27.4
Quoted
Credit
8.0
Quoted
23.0
Unquoted
Diversified growth fund
20.9
Quoted
\u2014
Quoted
Cash and cash equivalents
1.9
Quoted
5.1
Quoted
Total
78.1
74.8
All the Fund\u2019s assets are held in pooled funds. The liability-driven investment, cash, credit and diversified growth assets are classified as Level 2 instruments, as they are not quoted on any stock exchange, although their value is directly related to the value of the underlying holdings. The private market credit assets are Level 3 instruments, with no daily quoted price available. The expected return on the Fund\u2019s assets must be set to be in line with the discount rate used to value the Fund\u2019s liabilities. This equates to an expected return over the year of \u00a34.1 million (2025: \u00a33.8m). The actual return on the Fund\u2019s assets during the year was a gain of \u00a33.4 million (2025: loss of \u00a31.7m). This includes a loss on assets in excess of interest income of \u00a30.7 million (2025: loss of \u00a35.5m), which has resulted from the liability-matching assets in which the Fund invests. (iv) Movements in the Fund\u2019s assets and liabilities Movements in the fair value of the Fund\u2019s assets during the year were as follows:
2026 2025
\u00a3m \u00a3m
At 1 July
74.8
74.1
Expected return on plan assets
4.0
3.8
Loss on assets in excess of interest income on Fund assets
(0.7)
(5.5)
Employer\u2019s contributions
5.7
7.0
Benefits paid
(5.7)
(4.6)
At 30 June
78.1
74.8
Movements in the benefit obligation during the year were as follows:
2026 2025
\u00a3m \u00a3m
At 1 July
(97.8)
(101.6)
Interest cost
(5.2)
(5.1)
Remeasurement gain arising from changes
in financial assumptions
2.8
6.1
Remeasurement (loss)/gain arising from changes
in demographic assumptions
(0.4)
0.2
Experience loss on liabilities
(1.3)
(2.0)
Benefits paid
5.7
4.6
At 30 June
(96.2)
(97.8)
(v) Experience gains and losses Actuarial gains and losses recognised in other comprehensive income represent the effect of the differences between the assumptions and actual outcomes. At 30 June 2026, the cumulative net actuarial loss in relation to the Fund that has been recognised in other comprehensive income amounted to \u00a353.7 million (2025: \u00a354.2m). (vi) Impact of NTL vs Virgin Media case, 25 July 2024 In June 2023, the High Court judged that amendments made to the Virgin Media scheme were invalid because the scheme\u2019s actuary did not provide the associated Section 37 (\u2018S37\u2019) certificate. The High Court\u2019s decision has wide-ranging implications, affecting other schemes that were contracted out on a salary-related basis and made amendments between April 1997 and April 2016. The Fund was contracted out until 29 February 2016 and amendments were made during the relevant period. As such, the ruling could have implications for the Company. The Pension Schemes Act 2026 (the \u2018Act\u2019), passed into law on 29 April 2026, has subsequently introduced legislation that provides pension schemes that are missing necessary S37 certificates a mechanism to obtain retrospective certification. To do so, the scheme actuary would be required to provide written confirmation that it is reasonable to conclude that amendments to a pension scheme\u2019s rules within the relevant period would not have prevented the scheme from continuing to satisfy the reference scheme test. The Act does not set a deadline for schemes to have used the mechanism by, but the Trustee is working with the scheme advisers to ensure compliance with the requirements introduced by the Act. Following the mechanism introduced by the Act to obtain retrospective confirmations, the Group and the Trustee do not expect the Virgin Media ruling to give rise to any additional liabilities. ", "dimensions": { "concept": "ifrs-full:DisclosureOfDefinedBenefitPlansExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-612": { "value": "Belgium defined contribution pension scheme From 1 July 2021, the Group recognised the assets and liabilities for all members of the defined contribution scheme in Belgium, accounting for the whole defined contribution section as a defined benefit scheme under IAS 19, \u2018Employee Benefits\u2019. There is a remote risk the underpin will require the Group to pay further contributions to the scheme. The scheme was last valued as at 30 June 2025.", "dimensions": { "concept": "ifrs-full:DisclosureOfDefinedContributionPlansExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-571": { "value": "
23. Employee share schemes
Share awards
The Group operates a performance-based LTIP for the Executive Directors and certain other senior executives. Awards made under the LTIP vest provided the participant remains in the
Group\u2019s employment during the three-year vesting period and the Group achieves the related performance conditions. Up to 50% of the awards granted vest dependent on the growth in
the Group\u2019s EPS (a vesting condition) and up to 50% of the awards granted vest dependent on the growth in the Group\u2019s adjusted ROCE
(1)
(a vesting condition).
During the year, Restricted Share Units (RSUs) were granted to Executive Directors and certain other senior executives. Awards made under the RSU vest provided the participant remains
in the Group\u2019s employment during the three-year vesting period.
Vested awards are settled in the form of the Company\u2019s ordinary shares (equity-settled) or by the payment of cash equivalent to the market value of the Company\u2019s ordinary shares on
the vesting date (cash-settled). From 2017, all awards granted result in equity-settled amounts.
Further information on the LTIP and RSU awards is set out in the Remuneration Committee Report.
Movements in LTIP and RSU awards outstanding were as follows:
2026
2025
LTIP RSU LTIP RSU
Equity-settled Equity-settled Equity-settled Equity-settled
Number Number Number Number
Outstanding at 1 July
5,994,207
7,627,402
6,785,710
7,538,357
Granted
1,051,008
1,146,820
949,910
1,013,036
Exercised
(2,398,821)
(4,283,725)
(870,705)
(640,391)
Forfeited
\u2014
\u2014
\u2014
(283,600)
Lapsed
\u2014
(94,507)
(870,708)
\u2014
Outstanding at 30 June
4,646,394
4,395,990
5,994,207
7,627,402
Unvested at 30 June
4,646,394
4,395,990
5,994,207
7,627,402
Awards made under the LTIP and RSU have a \u00a3nil exercise price.
The maximum term of equity-settled awards granted in the year is three years. The weighted average remaining life of equity-settled awards at 30 June 2026 is 0.9 years (2025: 1.0 years).
During 2026, 2,398,821 equity-settled LTIP awards vested (2025: 870,705) and 4,283,725 RSU awards vested (2025: 640,391). The weighted average share price on the vesting date of
equity-settled awards in 2026 was 124.8 pence (2025: 116.3p).
At the grant date, the weighted average fair value of LTIP awards granted during the year was 111.9 pence (2025: 91.0p). Fair value was measured using a variant of the Black-Scholes
valuation model based on the following assumptions:
Sep Sep Sep
2025 2024 2023
Risk-free interest rate
n/a
n/a
n/a
Share price on grant date
121.2p
116.0p
40.5p
Dividend yield on the Company\u2019s shares
n/a
n/a
n/a
Volatility of the Company\u2019s shares
n/a
n/a
n/a
Expected life of LTIP awards
3 years
3 years
3 years
Risk-free rate, dividend yield and volatility have no impact on nil cost awards which are subject to non-market-based performance conditions.
At the grant date, the weighted average fair value of RSU awards granted during the year was 123.2 pence (2025: 107.5p). Fair value was based on the share price at the date of grant with
the following assumptions:
Jun Sep Jun Sep Jun Nov Sep
2026 2025 2025 2024 2024 2023 2023
Risk-free interest rate
n/a
n/a
n/a
n/a
n/a
n/a
n/a
Share price on grant date
164.4p
121.2p
151.4p
116.0p
118.0p
61.0p
40.5p
Dividend yield on the Company\u2019s shares
n/a
n/a
n/a
n/a
n/a
n/a
n/a
Volatility of the Company\u2019s shares
n/a
n/a
n/a
n/a
n/a
n/a
n/a
Expected life of RSU awards
3 years
3 years
3 years
3 years
3 years
3 years
3 years
Risk-free rate, dividend yield and volatility have no impact on nil cost awards which are subject to non-market-based performance conditions.
Compensation expense recognised in profit or loss in relation to employee share schemes was as follows:
2026 2025
\u00a3m \u00a3m
Equity-settled awards
1.6
1.6
Total expense
1.6
1.6
Deferred Annual Bonus Plan
The Group has in force a Deferred Annual Bonus Plan for the main Executive Directors. There is no exercise price for the shares awarded under the plan, which are subject to a vesting
period of three years and will normally vest on the expiry of this period and are normally only payable if the Director remains employed by the Group at the end of that period. Awards
granted under the Deferred Annual Bonus Plan are eligible for dividend equivalent payments.
In the current year, 871,798 share awards have been granted under the Deferred Annual Bonus Plan (2025: 708,038). The total amount included in operating profit in relation to the
Deferred Annual Bonus Plan was \u00a3nil (2025: \u00a3nil).
", "dimensions": { "concept": "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-572": { "value": "
24. Provisions
Reorganisation
and Leasehold Environmental
restructuring dilapidations remediation Claims Other Total
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
At 1 July 2024
0.3
0.5
2.8
\u2014
\u2014
3.6
Transfer from other payables
(1)
\u2014
\u2014
\u2014
0.6
\u2014
0.6
Charged/(released) to profit or loss
0.2
(0.1)
0.4
0.2
\u2014
0.7
Currency translation difference
(0.1)
\u2014
\u2014
\u2014
\u2014
(0.1)
Utilisation
\u2014
(0.1)
(0.4)
\u2014
\u2014
(0.5)
At 30 June 2025
0.4
0.3
2.8
0.8
\u2014
4.3
Transfer from other payables
(1)
\u2014
\u2014
\u2014
\u2014
0.4
0.4
Charged/(released) to profit or loss
\u2014
\u2014
1.0
(0.5)
\u2014
0.5
Currency translation difference
\u2014
\u2014
\u2014
\u2014
\u2014
\u2014
Utilisation
(0.2)
\u2014
(1.1)
\u2014
\u2014
(1.3)
At 30 June 2026
0.2
0.3
2.7
0.3
0.4
3.9
(1) Transfer of claims and other provisions from other payables to provisions.
2026 2025
Analysis of provisions: \u00a3m \u00a3m
Current
1.5
2.7
Non-current
2.4
1.6
Total
3.9
4.3
The closing provision for reorganisation and restructuring relates to the Group\u2019s logistics Transformation programme. The provision is expected to be fully utilised within twelve months of
the balance sheet date.
The leasehold dilapidations provision relates to costs expected to be incurred to restore leased properties to their original condition at the end of the respective lease terms. A provision
has been recognised for the present value of the estimated expenditure required to undertake restoration works. Amounts will be utilised as the respective leases end and restoration
works are carried out, with \u00a30.1 million expected to be utilised within twelve months.
The environmental remediation provision relates to historical environmental contamination at a site in Belgium. The additional costs in the year of \u00a31.0 million relate to a re-evaluation of
the cost of environmental remediation. The closing provision is expected to be utilised as the land is restored within a period of approximately ten years, with \u00a30.8 million expected to be
utilised within twelve months.
The claims provision relates to expected costs associated with outstanding legal and regulatory claims. The closing balance is expected to be utilised after more than twelve months.
The other provision relates to expected costs regarding the Extended Producer Responsibility regulatory policy around packaging. The closing balance is expected to be utilised within
twelve months.
The amount and timing of all cash flows related to the provisions are reasonably certain.
", "dimensions": { "concept": "ifrs-full:DisclosureOfProvisionsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-613": { "value": "24. Provisions
Reorganisation
and Leasehold Environmental
restructuring dilapidations remediation Claims Other Total
\u00a3m \u00a3m \u00a3m \u00a3m \u00a3m \u00a3m
At 1 July 2024
0.3
0.5
2.8
\u2014
\u2014
3.6
Transfer from other payables
(1)
\u2014
\u2014
\u2014
0.6
\u2014
0.6
Charged/(released) to profit or loss
0.2
(0.1)
0.4
0.2
\u2014
0.7
Currency translation difference
(0.1)
\u2014
\u2014
\u2014
\u2014
(0.1)
Utilisation
\u2014
(0.1)
(0.4)
\u2014
\u2014
(0.5)
At 30 June 2025
0.4
0.3
2.8
0.8
\u2014
4.3
Transfer from other payables
(1)
\u2014
\u2014
\u2014
\u2014
0.4
0.4
Charged/(released) to profit or loss
\u2014
\u2014
1.0
(0.5)
\u2014
0.5
Currency translation difference
\u2014
\u2014
\u2014
\u2014
\u2014
\u2014
Utilisation
(0.2)
\u2014
(1.1)
\u2014
\u2014
(1.3)
At 30 June 2026
0.2
0.3
2.7
0.3
0.4
3.9
(1) Transfer of claims and other provisions from other payables to provisions.
2026 2025
Analysis of provisions: \u00a3m \u00a3m
Current
1.5
2.7
Non-current
2.4
1.6
Total
3.9
4.3
The closing provision for reorganisation and restructuring relates to the Group\u2019s logistics Transformation programme. The provision is expected to be fully utilised within twelve months of the balance sheet date. The leasehold dilapidations provision relates to costs expected to be incurred to restore leased properties to their original condition at the end of the respective lease terms. A provision has been recognised for the present value of the estimated expenditure required to undertake restoration works. Amounts will be utilised as the respective leases end and restoration works are carried out, with \u00a30.1 million expected to be utilised within twelve months. The environmental remediation provision relates to historical environmental contamination at a site in Belgium. The additional costs in the year of \u00a31.0 million relate to a re-evaluation of the cost of environmental remediation. The closing provision is expected to be utilised as the land is restored within a period of approximately ten years, with \u00a30.8 million expected to be utilised within twelve months. The claims provision relates to expected costs associated with outstanding legal and regulatory claims. The closing balance is expected to be utilised after more than twelve months. The other provision relates to expected costs regarding the Extended Producer Responsibility regulatory policy around packaging. The closing balance is expected to be utilised within twelve months. The amount and timing of all cash flows related to the provisions are reasonably certain.", "dimensions": { "concept": "ifrs-full:DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-573": { "value": "
25. Share capital and reserves
Share capital
Authorised, allotted and fully paid
Number
\u00a3m
Ordinary shares of 10 pence each
At 1 July 2024 and 30 June 2025
174,057,328
17.4
Shares issued to EBT
4,502,575
0.4
Shares bought back on-market and cancelled
(4,250,490)
(0.4)
At 30 June 2026
174,309,413
17.4
Ordinary shares carry full voting rights and ordinary shareholders are entitled to attend Company meetings and to receive payments to shareholders. The above figure includes 42,041
treasury shares.
On 1 December 2025, the Company commenced a share buyback programme of up to \u00a320 million in McBride plc ordinary shares. The maximum number of ordinary shares that may be
repurchased by the Company under the programme is 17,401,528. Ordinary shares repurchased under the share buyback programme will be cancelled.
During the period to 30 June 2026, the Company repurchased 4,479,384 ordinary shares, representing 2.5% of the issued ordinary share capital as at 30 June 2026. The shares were
acquired at an average price of 142.6 pence per share, with prices ranging from 119.6 pence per share to 160 pence per share. The total cost of \u00a36.4 million, excluding transaction
costs, was deducted from equity. At 30 June 2026, all repurchased shares had been cancelled, with the exception of 228,894 shares which were cancelled across 1 and 2 July 2026.
Consequently, 4,250,490 ordinary shares were repurchased and cancelled during the period to 30 June 2026. Since the period end, the Company has repurchased and cancelled further
ordinary shares under the share buyback programme.
In addition, the EBT purchased 5,282,881 ordinary shares. The Company provided \u00a36.4 million of funding to the EBT for these purchases, which will reduce equity dilution in the Company
on future vesting of incentive awards. The EBT also increased its holding through a subscription of new shares at par value (4,502,575 ordinary shares), totalling \u00a30.4 million.
Reserves
(i) Share premium account
The share premium account records the difference between the nominal amount of shares issued and the fair value of the consideration received. The share premium account may be
used for certain purposes specified by UK law, including to write off expenses incurred on any issue of shares or debentures and to pay up fully paid bonus shares. The share premium
account is not distributable but may be reduced by special resolution of the Company\u2019s ordinary shareholders and with court approval.
(ii) Cash flow hedge reserve
The cash flow hedge reserve comprises the cumulative net change in the fair value of hedging instruments in designated cash flow hedging relationships recognised in other
comprehensive income.
(iii) Currency translation reserve
The currency translation reserve comprises cumulative currency translation differences on the translation of the Group\u2019s net investment in foreign operations into Sterling together with
the cumulative net change in the fair value of hedging instruments in designated net investment hedging relationships recognised in other comprehensive income.
(iv) Capital redemption reserve
The capital redemption reserve records the cost of shares purchased by the Company for cancellation or redeemed in excess of the proceeds of any fresh issue of shares made
specifically to fund the purchase or redemption. The capital redemption reserve is not distributable but may be reduced by special resolution of the Company\u2019s ordinary shareholders and
with court approval.
Own shares
Treasury shares
Employee Benefit Trust
Total
Number
\u00a3m
Number
\u00a3m
Number
\u00a3m
At 1 July 2024
42,041
\u2014
3,309,034
3.2
3,351,075
3.2
Shares paid out to employees
\u2014
\u2014
(1,511,096)
(1.4)
(1,511,096)
(1.4)
Shares purchased
\u2014
\u2014
1,983,000
2.4
1,983,000
2.4
At 30 June 2025
42,041
\u2014
3,780,938
4.2
3,822,979
4.2
Shares paid out to employees
\u2014
\u2014
(6,682,546)
(4.9)
(6,682,546)
(4.9)
Shares purchased
\u2014
\u2014
9,785,456
6.8
9,785,456
6.8
At 30 June 2026
42,041
\u2014
6,883,848
6.1
6,925,889
6.1
The treasury shares and the shares in trust represent the Company\u2019s ordinary shares that are acquired to satisfy the Group\u2019s expected obligations under employee share schemes.
The market value of own shares held at 30 June 2026 was \u00a310.8 million (2025: \u00a35.7m).
", "dimensions": { "concept": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-614": { "value": "25. Share capital and reserves Share capital
Authorised, allotted and fully paid
Number
\u00a3m
Ordinary shares of 10 pence each
At 1 July 2024 and 30 June 2025
174,057,328
17.4
Shares issued to EBT
4,502,575
0.4
Shares bought back on-market and cancelled
(4,250,490)
(0.4)
At 30 June 2026
174,309,413
17.4
Ordinary shares carry full voting rights and ordinary shareholders are entitled to attend Company meetings and to receive payments to shareholders. The above figure includes 42,041 treasury shares. On 1 December 2025, the Company commenced a share buyback programme of up to \u00a320 million in McBride plc ordinary shares. The maximum number of ordinary shares that may be repurchased by the Company under the programme is 17,401,528. Ordinary shares repurchased under the share buyback programme will be cancelled. During the period to 30 June 2026, the Company repurchased 4,479,384 ordinary shares, representing 2.5% of the issued ordinary share capital as at 30 June 2026. The shares were acquired at an average price of 142.6 pence per share, with prices ranging from 119.6 pence per share to 160 pence per share. The total cost of \u00a36.4 million, excluding transaction costs, was deducted from equity. At 30 June 2026, all repurchased shares had been cancelled, with the exception of 228,894 shares which were cancelled across 1 and 2 July 2026. Consequently, 4,250,490 ordinary shares were repurchased and cancelled during the period to 30 June 2026. Since the period end, the Company has repurchased and cancelled further ordinary shares under the share buyback programme. In addition, the EBT purchased 5,282,881 ordinary shares. The Company provided \u00a36.4 million of funding to the EBT for these purchases, which will reduce equity dilution in the Company on future vesting of incentive awards. The EBT also increased its holding through a subscription of new shares at par value (4,502,575 ordinary shares), totalling \u00a30.4 million. ", "dimensions": { "concept": "ifrs-full:DisclosureOfIssuedCapitalExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-615": { "value": "Reserves (i) Share premium account The share premium account records the difference between the nominal amount of shares issued and the fair value of the consideration received. The share premium account may be used for certain purposes specified by UK law, including to write off expenses incurred on any issue of shares or debentures and to pay up fully paid bonus shares. The share premium account is not distributable but may be reduced by special resolution of the Company\u2019s ordinary shareholders and with court approval. (ii) Cash flow hedge reserve The cash flow hedge reserve comprises the cumulative net change in the fair value of hedging instruments in designated cash flow hedging relationships recognised in other comprehensive income. (iii) Currency translation reserve The currency translation reserve comprises cumulative currency translation differences on the translation of the Group\u2019s net investment in foreign operations into Sterling together with the cumulative net change in the fair value of hedging instruments in designated net investment hedging relationships recognised in other comprehensive income. (iv) Capital redemption reserve The capital redemption reserve records the cost of shares purchased by the Company for cancellation or redeemed in excess of the proceeds of any fresh issue of shares made specifically to fund the purchase or redemption. The capital redemption reserve is not distributable but may be reduced by special resolution of the Company\u2019s ordinary shareholders and with court approval. ", "dimensions": { "concept": "ifrs-full:DisclosureOfReservesAndOtherEquityInterestExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-574": { "value": "
26. Capital commitments
Capital expenditure contracted but not provided
2026 2025
\u00a3m \u00a3m
Contracted but not provided on property, plant and equipment
3.3
3.4
Contracted but not provided on other intangible assets
0.1
0.2
Total
3.4
3.6
", "dimensions": { "concept": "ifrs-full:DisclosureOfCommitmentsExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-616": { "value": "26. Capital commitments Capital expenditure contracted but not provided
2026 2025
\u00a3m \u00a3m
Contracted but not provided on property, plant and equipment
3.3
3.4
Contracted but not provided on other intangible assets
0.1
0.2
Total
3.4
3.6
", "dimensions": { "concept": "ifrs-full:DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-575": { "value": "
27. Related party transactions
Transactions between the Company and its subsidiaries, which are related parties of the Company, have been eliminated on consolidation and therefore are not required to be disclosed
in these financial statements. Details of transactions between the Group and other related parties are disclosed below.
Post-employment benefit plans
As shown in note 22, contributions amounting to \u00a39.4 million (2025: \u00a310.4m) were payable by the Group to pension schemes established for the benefit of its employees.
At 30 June 2026, \u00a30.6 million (2025: \u00a30.6m) in respect of contributions due was included in other payables.
Compensation of key management personnel
For the purposes of these disclosures, the Group regards its key management personnel as the Directors and certain members of the senior executive team.
Compensation relating to key management personnel in respect of their services to the Group was as follows:
2026 2025
\u00a3m \u00a3m
Short-term employee benefits
2.7
3.1
Post-employment benefits
0.1
0.1
Share-based payments
1.0
1.0
Total
3.8
4.2
Detailed remuneration disclosures are provided in the Annual Report on Remuneration on pages 92 to 102.
", "dimensions": { "concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-617": { "value": "27. Related party transactions Transactions between the Company and its subsidiaries, which are related parties of the Company, have been eliminated on consolidation and therefore are not required to be disclosed in these financial statements. Details of transactions between the Group and other related parties are disclosed below. Post-employment benefit plans As shown in note 22, contributions amounting to \u00a39.4 million (2025: \u00a310.4m) were payable by the Group to pension schemes established for the benefit of its employees. At 30 June 2026, \u00a30.6 million (2025: \u00a30.6m) in respect of contributions due was included in other payables. Compensation of key management personnel For the purposes of these disclosures, the Group regards its key management personnel as the Directors and certain members of the senior executive team. Compensation relating to key management personnel in respect of their services to the Group was as follows:
2026 2025
\u00a3m \u00a3m
Short-term employee benefits
2.7
3.1
Post-employment benefits
0.1
0.1
Share-based payments
1.0
1.0
Total
3.8
4.2
Detailed remuneration disclosures are provided in the Annual Report on Remuneration on pages 92 to 102.", "dimensions": { "concept": "ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-633": { "value": "Compensation of key management personnel For the purposes of these disclosures, the Group regards its key management personnel as the Directors and certain members of the senior executive team. Compensation relating to key management personnel in respect of their services to the Group was as follows:
2026 2025
\u00a3m \u00a3m
Short-term employee benefits
2.7
3.1
Post-employment benefits
0.1
0.1
Share-based payments
1.0
1.0
Total
3.8
4.2
Detailed remuneration disclosures are provided in the Annual Report on Remuneration on pages 92 to 102.", "dimensions": { "concept": "ifrs-full:DisclosureOfInformationAboutKeyManagementPersonnelExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-578": { "value": "
28. Events after the reporting date
Acquisition of Eurotab
On 1 July 2026, the Group acquired 100% of the share capital of Eurotop SAS, the owner of
Eurotab Group (\u2018Eurotab\u2019) for a consideration of \u20ac40.8 million (including cash acquired of
c.\u20ac8 million), of which \u20ac31.3 million relates to third-party indebtedness repayments.
Eurotab is a leading, privately owned specialist in the design and manufacture of
solid-format cleaning and hygiene solutions, primarily serving private label and certain
contract manufacturing markets. It provides precision powder compaction technology
supporting a diverse tablet format-based product range, including automatic dishwasher
tablets, moisture-absorbing solutions and disinfecting bleach tablets. Eurotab has two
specialised manufacturing sites in France and a smaller business supplying the market
in Turkey from its facility located near Istanbul.
The acquisition is in line with the Group\u2019s growth strategy and is anticipated to further
strengthen McBride\u2019s position as a leading detergent producer in Europe. The transaction
will deepen relationships with certain existing customers and will also provide the
opportunity to develop the Turkish operation as a platform for expanding the Group\u2019s
manufacturing capabilities and for accessing new target markets over time.
Whilst a preliminary assessment of fair values has not been finalised, the net assets
acquired include property, plant and equipment and working capital. A fair value
assessment is in the process of being performed and this, along with the other
requirements of IFRS 3, \u2018Business Combinations\u2019, will be reported in the Group\u2019s
Half-Year Report and Financial Statements for the year to 30 June 2027.
Vestacy contract manufacturing
On 28 August 2026, the Group announced a strategic partnership securing two long-term
contract manufacturing agreements with E.H. Group B.V. (\u2018Vestacy\u2019). As part of this
partnership, McBride has signed a share purchase agreement to acquire two dedicated
manufacturing facilities located in Spain and Portugal for a nominal consideration.
The contract manufacturing agreements, which have a duration of between five and eight
years, will see the Group manufacture a variety of household products for Vestacy, with the
majority of these products focused on laundry markets, a target strategic growth category
for the Group. To optimise efficiency and proximity to geographical markets, production
volumes will be distributed across the two newly acquired sites, together with existing
McBride sites in Belgium, Italy, Poland, UK and France.
Under the terms of the master agreement, over the next two years, Vestacy will fund most
of the additional equipment required for capacity needs across the McBride production
network, totalling \u20ac40.0 million. This structure minimises the upfront capital requirement
for the Group while securing long-term manufacturing volumes. Over the same period,
McBride will be responsible for c.\u20ac14.0 million of transition and project costs, alongside
approximately \u20ac6.0 million of specific capital expenditure over the next two years.
The Board expects this transaction to be materially earnings accretive, significantly
advancing the Group\u2019s strategic and financial objectives. These new arrangements will
increase the proportion of contract manufacturing in the Group\u2019s total revenue. Profit
margins are expected to be in line with existing McBride levels, delivering EPS growth
consistent with revenue growth.
The Group\u2019s net debt is expected to increase by up to \u00a325.0 million at its peak during
the second half of financial year 2028, reflecting the investment in capacity expansion,
associated working capital requirements and transition costs. The incremental investment is
expected to be funded from the Group\u2019s existing facilities and cash flow from operations.
The delivery of these new revenues will be multi-phased. Completion of the acquisition
and transfer of the two factories from Vestacy to McBride is anticipated early in calendar
year 2027, with the new capacity across the designated Group sites expected to be fully
operational early in calendar year 2028.
A fair value assessment will be performed and this, along with the other requirements of
IFRS 3, \u2018Business Combinations\u2019, will be reported in the Group\u2019s financial statements for the
year to 30 June 2027.
", "dimensions": { "concept": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-576": { "value": "
29. Exchange rates
The principal exchange rates used to translate the results, assets and liabilities and cash
flows of the Group\u2019s foreign operations into Sterling were as follows:
Average rate
Closing rate
2026
2025
2026
2025
Euro
1.15
1.19
1.16
1.17
US Dollar
1.34
1.29
1.32
1.37
Danish Krone
8.60
8.88
8.67
8.72
Polish Zloty
4.89
5.07
4.98
4.96
Malaysian Ringgit
5.49
5.70
5.40
5.77
Australian Dollar
1.98
2.00
1.92
2.10
", "dimensions": { "concept": "ifrs-full:DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } }, "fact-577": { "value": "
30. Alternative performance measures (APMs)
The performance of the Group is assessed using a variety of adjusted measures that are
not defined under IFRS and are therefore termed non-GAAP measures. The non-GAAP
measures used are adjusted operating profit, adjusted EBITDA, adjusted finance costs,
adjusted profit before tax, adjusted profit for the year, adjusted earnings per share, free
cash flow and cash conversion %, adjusted ROCE, liquidity, net debt, net debt cover ratio
(banking basis) and interest cover ratio (banking basis). The rationale for using these
measures, along with a reconciliation from the nearest measures prepared in accordance
with IFRS, are presented below.
The alternative performance measures used may not be directly comparable with similarly
titled measures used by other companies.
Adjusted measures exclude specific items that are considered to hinder comparison of the
trading performance of the Group\u2019s businesses either year on year or with other businesses.
This presentation is consistent with the way that financial performance is measured by
management and reported to the Board and Executive Committee, and is used for internal
performance analysis and in relation to employee incentive arrangements. The Directors
present these adjusted measures in the financial statements in order to assist investors
in their assessment of the trading performance of the Group. Directors do not regard
these measures as a substitute for, or superior to, the equivalent measures calculated
and presented in accordance with IFRS.
During the years under review, the items excluded from operating profit in arriving at
adjusted operating profit were the amortisation of intangible assets and exceptional items.
Exceptional items and amortisation are excluded from adjusted operating profit because
they are not considered to be representative of the trading performance of the Group\u2019s
businesses during the year.
A reconciliation for each non-GAAP measure to the most directly comparable IFRS measure
is set out below.
Adjusted operating profit and adjusted EBITDA
Adjusted operating profit is operating profit before amortisation of intangible assets and
exceptional items. Adjusted EBITDA means adjusted operating profit before depreciation.
A reconciliation between adjusted operating profit, adjusted EBITDA and the Group\u2019s
reported statutory operating profit is shown below.
2026 2025
\u00a3m \u00a3m
Operating profit
50.1
60.2
Exceptional items in operating profit (note 4)
7.6
4.0
Amortisation of intangibles (note 13)
1.3
1.9
Adjusted operating profit
59.0
66.1
Depreciation of property, plant and equipment (note 14)
16.9
15.8
Depreciation of right-of-use assets (note 15)
4.1
3.9
Adjusted EBITDA
80.0
85.8
Adjusted profit before tax and adjusted profit for the year
Adjusted profit before tax is based on adjusted operating profit less adjusted finance costs.
Adjusted profit for the year is based on adjusted profit before tax less taxation relating to
non-adjusting items. The table below reconciles adjusted profit before tax to the Group\u2019s
reported profit before tax.
2026 2025
\u00a3m \u00a3m
Profit before tax
39.9
49.0
Exceptional items (note 4)
7.6
4.0
Amortisation of intangibles (note 13)
1.3
1.9
Adjusted profit before tax
48.8
54.9
Taxation on adjusted profit before tax (note 9)
(12.1)
(17.3)
Adjusted profit for the year
36.7
37.6
Adjusted earnings per share
Adjusted earnings per share is based on the Group\u2019s profit for the year adjusted for the
items excluded from operating profit in arriving at adjusted operating profit, and the tax
relating to those items (note 9).
Free cash flow and cash conversion %
Free cash flow is one of the Group\u2019s key performance indicators (KPIs) by which financial
performance is measured. It is primarily a liquidity measure; however, free cash flow and
cash conversion % are also important indicators of overall operational performance as they
reflect the cash generated from operations. Free cash flow is defined as cash generated
from operations before exceptional items. Cash conversion % is defined as free cash flow
as a percentage of adjusted EBITDA (applicable only when adjusted EBITDA is positive).
A reconciliation from net cash generated from operating activities, the most directly
comparable IFRS measure to free cash flow, is set out as follows:
2026 2025
\u00a3m \u00a3m
Net cash generated from operating activities
33.4
63.1
Add back:
Taxation paid
7. 8
17.9
Interest paid
7.3
7.9
Refinancing costs paid
0.6
1.8
Cash outflow in respect of exceptional items
7.6
3.2
Free cash flow
56.7
93.9
Adjusted EBITDA
80.0
85.8
Cash conversion %
71%
109%
Adjusted return on capital employed (ROCE)
Adjusted ROCE serves as an indicator of how efficiently returns are generated from the
capital invested in the business. It is a Group KPI that allows management to evaluate the
outcome of investment decisions. Adjusted ROCE is defined as adjusted operating profit
divided by the average of opening and closing capital employed. Capital employed is
defined as the total of goodwill and other intangible assets, property, plant and equipment,
right-of-use assets, inventories, trade and other receivables less trade and other payables.
There is no equivalent statutory measure within IFRS. Adjusted ROCE is calculated as follows:
2026 2025 2024
\u00a3m \u00a3m \u00a3m
Goodwill (note 12)
19.8
19.8
19.7
Other intangible assets (note 13)
28.3
18.3
9.8
Property, plant and equipment (note 14)
123.5
120.3
114.4
Right-of-use assets (note 15)
5.7
7.9
8.1
Inventories (note 16)
132.6
123.4
119.6
Trade and other receivables (note 17)
142.2
139.1
148.8
Trade and other payables (note 18)
(220.9)
(228.0)
(220.1)
Capital employed
231.2
200.8
200.3
Average of opening and closing capital employed
216.0
200.6
200.2
Adjusted operating profit
59.0
66.1
67.1
Adjusted ROCE %
27.3%
33.0%
33.5%
Liquidity
Liquidity means, at any time, without double counting, the aggregate of:
(a) cash;
(b) cash equivalents;
(c) the available facility at that time, which comprises the headroom available in the RCF
and other committed facilities; and
(d) the aggregate amount available for drawing under uncommitted facilities.
The Company uses this measure to manage cash flow.
2026 2025
\u00a3m \u00a3m
Cash and cash equivalents
65.2
34.2
RCF headroom
100.6
107.2
Other committed facilities
1.8
\u2014
Liquidity
167.6
141.4
Net debt
Net debt consists of cash and cash equivalents, overdrafts, bank and other loans and lease
liabilities.
Net debt is a key indicator used by management to assess the Group\u2019s indebtedness and
overall balance sheet strength.
Net debt is an alternative performance measure as it is not defined in IFRS. A reconciliation
from loans and other borrowings, lease liabilities and cash and cash equivalents, the most
directly comparable IFRS measures to net debt, is set out below:
2026 2025
\u00a3m \u00a3m
Current assets
Cash and cash equivalents
65.2
34.2
Current liabilities
Borrowings (note 19)
(76.8)
(69.8)
Lease liabilities (note 15)
(2.2)
(3.7)
(79.0)
(73.5)
Non-current liabilities
Borrowings (note 19)
(105.1)
(61.3)
Lease liabilities (note 15)
(3.9)
(4.6)
(109.0)
(65.9)
Net debt
(122.8)
(105.2)
Net debt cover ratio (banking basis)
The net debt cover ratio (banking basis) is an indicator of the Company\u2019s ability to repay
its debts. Under the RCF, it is calculated as net debt (as defined in the RCF agreement)
divided by EBITDA (as defined in the RCF agreement). The Company uses the ratio to
ensure compliance with the RCF financial covenants that will be tested half-yearly.
2026 2025
\u00a3m \u00a3m
Net debt (as defined above)
(122.8)
(105.2)
Invoice discounting facilities (note 19)
73.6
67.8
B Shares (notes 11, 18)
(0.6)
(0.7)
Lease liabilities (note 15)
6.1
8.3
Adjustment for average exchange rates
(0.2)
(0.8)
Net debt banking basis (as defined in the RCF agreement)
(43.9)
(30.6)
Adjusted EBITDA
80.0
85.8
Net interest cost on defined benefit obligation (note 8)
(1.2)
(1.2)
Loss on disposal of property, plant and equipment (note 14)
0.4
0.4
EBITDA banking basis (as defined in the RCF agreement)
79.2
85.0
Net debt cover ratio (banking basis)
0.6x
0.4x
Interest cover ratio (banking basis)
The interest cover ratio (banking basis) is a measure of the Company\u2019s ability to pay the
interest on its outstanding debts. Under the RCF, it is calculated as EBITDA (as defined
in the RCF agreement) divided by adjusted finance costs (excluding net interest cost on
defined benefit obligation). The Company uses the ratio to ensure compliance with the
RCF financial covenants that will be tested half-yearly.
2026 2025
\u00a3m \u00a3m
EBITDA banking basis (as defined in the RCF agreement)
79.2
85.0
Adjusted finance costs excluding net interest cost on defined
benefit obligation (note 8)
9.0
10.0
Interest cover ratio (banking basis)
8.8x
8.5x
", "dimensions": { "concept": "mcbrideplc:DisclosureOfAlternativePerformanceMeasuresAPMs", "language": "en", "entity": "scheme:213800HX7FMPA2CIEF02", "period": "2025-07-01T00:00:00/2026-07-01T00:00:00" } } } }