v3.25.4
Consolidated Income Statement - GBP (£)
£ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement      
Revenue £ 9,590 £ 9,434 £ 9,161
Cost of sales (3,233) (3,300) (3,216)
Gross profit 6,357 6,134 5,945
Selling and distribution costs (1,511) (1,470) (1,459)
Administration and other expenses (1,863) (1,846) (1,850)
Share of results of joint ventures and associates 44 43 46
Operating profit 3,027 2,861 2,682
Finance income 12 6 8
Finance costs (298) (304) (323)
Net finance costs (286) (298) (315)
Disposals and other non-operating items 9 (6) (72)
Profit before tax 2,750 2,557 2,295
Current tax (726) (607) (575)
Deferred tax 54 (6) 68
Tax charge (672) (613) (507)
Net profit for the year 2,078 1,944 1,788
Attributable to:      
Shareholders 2,065 1,934 1,781
Non-controlling interests 13 10 7
Net profit for the year £ 2,078 £ 1,944 £ 1,788
Basic earnings per share      
Basic earnings per share £ 1.126 £ 1.036 £ 0.941
Diluted earnings per share      
Diluted earnings per share £ 1.120 £ 1.031 £ 0.936