52 weeks to
31 March
2017
(audited)
£m
52 weeks to
30 March
2018
(audited)
£m
52 weeks to
29 March
2019
(audited)
£m
52 weeks to
27 March
2020*
£m
52 weeks to
2 April
2021
(audited)
£m
Revenue1,095.01,135.11,138.61,142.41,292.3
Cost of sales(536.4)(564.9)(559.6)(558.4)(636.0)
Gross profit558.6570.2579.0584.0656.3
Operating expenses(481.5)(495.6)(516.8)(525.3)(554.5)
Operating profit before non-underlying items77.174.662.258.7101.8
Non-underlying operating expenses(3.4)(4.8)(7.8)(32.1)(37.3)
Operating profit73.769.854.426.664.5
Net finance costs(2.3)(2.7)(3.4)(2.8)(5.5)
Underlying Profit Before Tax**75.471.658.855.996.3
Non-underlying operating expenses(3.4)(4.8)(7.8)(32.1)(37.3)
Non-underlying finance costs(0.6)0.3
Profit before tax71.467.151.023.859.0
Taxation(15.9)(13.2)(10.5)(8.0)(16.1)
Taxation on non-underlying items0.90.81.44.75.8
Profit attributable to equity shareholders56.454.741.920.548.7
Basic earnings per share before IFRS 1628.7p27.8p21.2p10.3p24.7p
Basic underlying earnings per share before IFRS 16**30.3p29.6p24.5p24.3p40.7p
Weighted average number of shares196.6m197.0m197.1m197.0m197.1m

* The statutory 53-week period to 3 April 2020 comprises results that are non-comparable to the 52 week periods reported in other years. To provide a more meaningful comparison, the above tables include the unaudited pro forma 52 weeks to 27 March 2020.

** These alternative performance measures are defined on Glossary of Alternative Performance Measures.

*** The numbers above are all stated pre-IFRS 16 to enable meaningful comparison to other periods.