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Profit before other items is defined as revenue less operating expenses i.e. profit before taxation, finance income and costs, depreciation, amortisation, bargain purchase gain and gain on the call options Underlying statistics are net of certain transactions which do not form part of the regular operations of the business as further detailed in Table 2 below
· Stability of recurring revenue apparent through the Covid-19 virus · Focussed on keeping colleagues safe through working from home and following Governments guidelines and maintaining customers service levels · The majority of our key IT projects for improved profitability are now live with the remaining concluding in the first half of 2021. Continued focus on technology to become a key differentiator.