poor fcf & currency headwinds17 Mar 2015 11:15
During H2 2014, we experienced significant headwinds in the translation of the Euro and the Polish Zloty (which together represent approximately 50% of the Group's revenue), and a basket of other Emerging Markets currencies (which together represent approximately 40% of the Group's revenue), due to their weakness relative to the strength of the Sterling. This strength of the Sterling relative to the functional currencies continues during the current period and has worsened slightly.