....back in again. Seems cheap with good forward profit and divi. Seem to be expanding staff numbers.
Am I missing something, please talk me out of it! ;)
In the results, they announced £400m of FCF. My understanding is that is money earned and can be used as the company sees fit. Also assume that circa £200m has been earmarked for the divi.
Assuming the above is correct, where has the other money been allocated?
TIA