FY 2025 Financial Highlights

"2025 was a complex year featuring a number of factors causing instability, although amid signs of resilience. Despite the challenging environment, mainly in terms of the uncertainty stemming from the tariff increases in the U.S. and the government school funding cuts in the U.S. and U.K., we maintained a high level of profitability, with solid cash generation, while seeing signs of gradual normalisation emerge in the second half of the year."