Guidance Revised

Full‑year 2026 guidance was revised downward. The midpoint forecast now expects group revenue of $18.305 billion and adjusted EBITDA of $2.865 billion, down from earlier targets. Analysts project revenue growth to decelerate to 8 % over the next 12 months. The company plans to return $250 million to shareholders via share repurchases, maintains a strong capital structure with net debt of $10.575 billion (leverage 3.7x) and cash of roughly $1.5 billion, and is reviewing its London Stock Exchange listing, with a potential delisting anticipated in Q2 2026.