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Microlise Group PLC on Thursday reported strong interim gains in its top and bottom lines, but saw its shares fall as it offered a tempered outlook amid challenges in the macroeconomic environment. Shares in the Nottingham, England-based provider of transport technology solutions to fleet operators slumped 11% to 131.75 pence at midday on Thursday in London. Microlise reported pretax profit of £1.9 million for the six months that ended June 30, multiplying from £330,000 a year earlier. An improved top line drove the earnings gain, as revenue rose 13% to £44.1 million from £39.1 million a year prior. Microlise reported strong growth in both recurring and non recurring revenue. Recurring revenue advanced 11% to £29.5 million from £26.6 million, with its proportion of the total shifting to 67.0% from 67.9%. Non-recurring revenue improved 16% to £14.5 million from £12.6 million. Microlise declared an interim dividend of 0.60 pence, up 5.3% from 0.57p. Looking ahead, the company believes it is positioned favourably to continue its positive momentum, but said it is mindful of a slower recovery in the automotive sector owing to the tariff environment. Microlise further noted that the wider macroeconomic environment is creating project delays at ‘certain of [its] clients.’ ‘Looking ahead, we remain encouraged by our progress and momentum. While we are mindful of broader market challenges, including a slower recovery in the automotive sector, our refreshed go-to-market strategy, healthy order book, and expanding product suite give us confidence in our ability to deliver disciplined, profitable growth. I’d like to thank the entire Microlise team for their continued hard work and commitment,’ said Chief Executive Nadeem Raza. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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