Download full report with analyst certification and important disclosures
Aug 13 2025, 06:50 IST/BST
Excluding a largely non-cash FX loss from interim results, our profit forecasts are broadly unchanged following a solid H1. Shares are cheap, and new technologies should provide upside – starting in H2. We retain our ‘Outperform’ rating.
Aug 13 2025, 06:50 IST/BST