NEXT PLC financials
NEXT PLC
Country: GB Reporting currency: GBP Latest annual report: 2026-01-31
LEI:
213800WQD8ECPZP9PH98 Financial statements
(GBP, as reported — unscaled; 104 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Revenue | £6.90B | £6.12B |
| Cost of sales | £3.85B | £3.46B |
| Gross profit | £3.05B | £2.64B |
| Distribution costs | £1.03B | £878.8M |
| Administrative expenses | £742.4M | £670.6M |
| Operating profit (EBIT) | £1.28B | £1.08B |
| Finance costs | £97.2M | £96.6M |
| Profit before tax | £1.19B | £987.0M |
| Income tax expense | £294.6M | £243.8M |
| Profit for the year | £898.0M | £743.2M |
| — attributable to owners | £888.5M | £736.1M |
| — attributable to NCI | £9.5M | £7.1M |
| Total comprehensive income | £812.4M | £745.8M |
| Per share | ||
| Basic EPS | £7.60 | £6.15 |
| Diluted EPS | £7.45 | £6.05 |
| Free cash flow / share | £9.12 | £8.18 |
| Cash flow statement | ||
| Cash generated from operations | £1.47B | £1.38B |
| Net cash from operating activities | £1.23B | £1.13B |
| Net cash from investing activities | -£119.9M | -£181.2M |
| Purchase of PP&E (capex) | £135.4M | £129.3M |
| Purchase of intangibles | £35.8M | £28.2M |
| Net cash from financing activities | -£1.23B | -£939.6M |
| Dividends paid | £286.5M | £257.8M |
| Proceeds from borrowings | £60.0M | £0 |
| Repayments of borrowings | £31.5M | £2.4M |
| Lease liability payments | £167.4M | £164.6M |
| Net change in cash | -£111.3M | £13.1M |
| Balance sheet | ||
| Total assets | £4.92B | £4.87B |
| Non-current assets | £2.17B | £2.22B |
| Property, plant & equipment | £667.7M | £686.4M |
| Right-of-use assets | £733.1M | £737.3M |
| Intangible assets & goodwill | £713.7M | £735.4M |
| Current assets | £2.74B | £2.65B |
| Inventories | £949.5M | £865.2M |
| Trade & other receivables | £1.66B | £1.51B |
| Cash & equivalents | £60.2M | £171.3M |
| Total equity | £1.78B | £1.75B |
| Non-current liabilities | £1.58B | £1.55B |
| Lease liabilities (non-current) | £831.7M | £843.6M |
| Current liabilities | £1.55B | £1.57B |
| Short-term borrowings | £96.0M | £60.6M |
| Lease liabilities (current) | £168.1M | £170.8M |
| Trade & other payables | £1.13B | £1.08B |
| Deferred tax liabilities | £34.7M | £58.1M |
| Derived metrics | ||
| Free cash flow | £1.10B | £1.00B |
| Operating margin | 18.5% | 17.6% |
| Net margin | 13.0% | 12.1% |
| Return on equity | 50.4% | 42.4% |
| Cash conversion ratio | 1.37× | 1.53× |
| Capex coverage | 9.11× | 8.77× |
| Other reported items | ||
| Amount Removed From Reserve of Cash Flow Hedges and Included In Initial Cost Or Other Carrying Amount of Nonfinancial Asset Liability Or Firm Commitment For Which Fair Value Hedge Accounting Is Applied | -£62.5M | -£11.7M |
| Cash | £96.2M | £200.4M |
| Cash Advances and Loans Made To Other Parties Classified As Investing Activities | £4.8M | £900.0K |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | £0 | £24.2M |
| Comprehensive Income Attributable To Noncontrolling Interests | £9.5M | £7.1M |
| Comprehensive Income Attributable To Owners of Parent | £802.9M | £738.7M |
| Current and Deferred Tax Relating To Items Charged Or Credited Directly To Equity | £15.2M | £2.9M |
| Current Bonds Issued and Current Portion of Noncurrent Bonds Issued | £112.9M | £250.0M |
| Current Tax Assets | £0 | £9.3M |
| Current Tax Liabilities | £9.2M | £0 |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | £286.5M | £257.8M |
| Dividends Paid To Noncontrolling Interests Classified As Financing Activities | £2.0M | £8.0M |
| Dividends Recognised As Distributions To Noncontrolling Interests | £8.0M | £8.0M |
| Dividends Recognised As Distributions To Owners Per Share | £1.58 | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | £200.0K | £0 |
| Finance Income | £11.0M | £8.2M |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss Trade Receivables | £7.1M | £19.4M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | -£27.4M | £5.1M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | -£1.6M | -£3.5M |
| Income Taxes Paid Refund Classified As Operating Activities | £233.1M | £242.6M |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | £0 | £0 |
| Increase Decrease Through Sharebased Payment Transactions | £43.1M | £40.9M |
| Increase Decrease Through Transactions With Owners | -£833.5M | -£639.1M |
| Interest Paid Classified As Financing Activities | £94.1M | £93.3M |
| Investment Accounted For Using Equity Method | £35.2M | £32.7M |
| Issue of Equity | £0 | — |
| Liabilities | £3.13B | £3.12B |
| Net Assets Liabilities | £1.78B | £1.75B |
| Noncurrent Payables | £17.6M | £11.5M |
| Noncurrent Portion of Noncurrent Bonds Issued | £600.0M | £543.8M |
| Noncurrent Provisions | £58.5M | £55.7M |
| Noncurrent Recognised Assets Defined Benefit Plan | £23.0M | £30.8M |
| Other Comprehensive Income | -£85.6M | £2.6M |
| Other Comprehensive Income Before Tax Cash Flow Hedges | -£109.6M | £20.8M |
| Other Comprehensive Income Before Tax Change In Value of Time Value of Options | -£1.1M | -£600.0K |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | £2.4M | -£2.2M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | -£6.3M | -£13.8M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -£80.9M | £12.9M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | -£4.7M | -£10.3M |
| Other Current Financial Assets | £6.4M | £31.8M |
| Other Current Financial Liabilities | £35.5M | £8.3M |
| Other Gains Losses | -£3.4M | £3.4M |
| Other Income Expense From Subsidiaries Jointly Controlled Entities and Associates | -£2.9M | -£13.0M |
| Other Noncurrent Financial Assets | £200.0K | £0 |
| Other Noncurrent Financial Liabilities | £38.2M | £39.1M |
| Payments From Changes In Ownership Interests In Subsidiaries | £1.5M | £5.0M |
| Payments To Acquire Or Redeem Entitys Shares | £131.4M | £360.2M |
| Proceeds From Issuing Other Equity Instruments | £298.4M | £0 |
| Proceeds From Issuing Shares | £0 | £500.0K |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | £400.0K | £2.6M |
| Purchase of Interests In Investments Accounted For Using Equity Method | £0 | £1.2M |
| Repayments of Bonds Notes and Debentures | £386.4M | £0 |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | £7.9M | £6.7M |
| Trading Income Expense | £1.27B | £1.10B |
Methodology
Every line item above is a fact tagged in NEXT PLC's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (GBP), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.