Ann: Half Yearly Report and Accounts, page-22

They are good results for a company in expansion.

Analogy
--

A dog owner takes their crazy hyper energetic ADHD dog on a walk around the block. What do you think is the best way to predict the trajectory?

A) Focus on the dog (short term fluctuations)
or
B) Focus on the dog owner (business fundamentals)

If you pick a good dog owner, it almost doesn't matter what the dog does, it will end up where the owner is headed.