Earnings per share

6 Months Ended

Jun. 30, 2026

Earnings per share

Earnings per share

7. Earnings per share

Basic earnings/(loss) per share (“EPS”) is calculated by dividing the profit for the period attributable to equity holders by the weighted average number of ordinary shares outstanding during the period.

The following table reflects the income statement profit and share data used in the basic EPS calculations:


	Three months ended June 30,						Six months ended June 30,
	2026			2025			2026			2025
	$'m			$'m			$'m			$'m
Earnings attributable to equity holders as presented in the income statement		35			5			30			—
Less: Dividend on preferred shares (note 14)		—			(6)			—			(12)
Earnings/(loss) attributable to equity holders used in calculating earnings per share		35			(1)			30			(12)
Weighted average number of ordinary shares for EPS (millions)		597.7			597.7			597.7			597.7
Earnings/(loss) per share	$	0.06		$	—		$	0.05		$	(0.02)

Diluted earnings/(loss) per share is consistent with basic earnings/(loss) per share, as there are no dilutive potential shares during the periods presented above.

Please refer to note 9 for details of transactions involving the ordinary shares for the three and six months ended June 30, 2026.