CaneToad, if you read the results RNS it says operating profit is actually flat comparing with 2019. It dropped 59% after being hit by non-underlying costs, which was mainly the charge they paid to give up one floor of their Algate Tower office in London. That's how I interpreted it, maybe I was wrong?
I agree. There was no effort to add positive tones in this RNS, felt very rushed. The numbers are not spectacular but very solid and the mention of divi confirms the current trading trend IMO. Still an undervalued stock comparing with sector peers.