Diluted HEPS 21.4cps (USD) compared to 10.2cps LY.
Revenue increased by 2.9% y-y from $1 785m (restated) to $1 836m. Westcon International is now considered an agent and caused a change in accounting policy. As a result, the prior year revenue and cost of sales were restated.
GPM increased from 24.2% to 26.3%.
OPM improved from 4.0% to 5.9%.
Expenses increased by 4.1% y-y to $376m, while expenses-to-sales increased from 20.2% to 20.5%.
Dividend of 10 USD cents (1H25: 4 USD cents).
Gross debt increased 2.3% y-y to $447m.
Cash from operating activities increased by 2.7% y-y to $62m.

