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MHA PLC said on Friday in a trading update it has delivered a ‘strong’ first half with revenue growth in line with market expectations for the full year. The Milton Keynes-based provider of audit, tax, accountancy and advisory services said it expects a revenue of £249.5 million for the six months ended September 30, up 13% from £107.2 million a year before. MHA credited 3% of the expected revenue growth to the acquisition of Baker Tilly South-East Europe Holdings Ltd in August 2025, and 1.5% from the income from Baker Tilly Ireland, which was acquired in July 2024. MHA said that there has been a ‘rising demand for high-quality advisory services’, despite ‘market uncertainty’. The company said it remains on track to deliver full-year performance in line with market expectations. This includes a revenue of £249.5 million, up 4.0% from £240.0 million, which was the market expectation announced in its 2025 full-year results. MHA said it is on track to deliver £44 million in adjusted earnings before interest, tax, depreciation and amortisation, up 4.3% from £42.2 million. Chief Executive Rakesh Shaunak said: ‘The group experienced strong growth across all service lines in H1 26, reflecting the strength of our platform and the success of both organic and acquisitive expansion. Our core sectors performed well, most notably financial services, manufacturing, professional services and engineering and technology, each of which recorded significant double-digit revenue growth compared with H1 25. ‘The group is well-placed to build on the momentum established in recent years, scaling further and driving innovation while maintaining high client standards. Supported by long-term structural growth drivers that underpin demand for our services and a compelling client proposition, the Board remains confident in the outlook for continued organic and acquisitive growth, in line with its medium-term goal of exceeding £500 million in annual revenues.’ Shares in MHA were down 0.6% at 153.16 pence on Friday morning in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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