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SpaceandPeople PLC on Tuesday backed its annual outlook, and said it sees further revenue and earnings growth in 2026, sending its shares higher. Shares in Glasgow-based promotional and short-term retail space provider rose 12% to 230.00 pence on Tuesday afternoon in London. Back in July, SpaceandPeople said it expects full-year revenue for 2025 of £8.3 million and pretax profit of £500,000. These figures are up on-year from £6.7 million and £225,000 respectively. The company also guided further growth for 2026, with it expecting a 6.0% advance to £8.8 million for revenue. SpaceandPeople added that borrowing costs will decrease owing to the recent repayment of the remaining term loan. As such, it sees pretax profit for 2026 improving to £750,000, equating to a pretax profit margin improvement to over 8.5% from 6.0% in 2025, the company said. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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