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DSW Capital PLC - professional services under Dow Schofield Watts and DR Solicitors brands - Pretax profit more than doubles to £237,000 in the six months that ended September 30 from £100,000 a year before, as revenue multiplies to £2.8 million from £1.1 million. The big increases in the top and bottom lines follows the acquisition of DR Solicitors in November last year. Adjusted earnings before interest, tax, depreciation and amortisation leaps to £700,000 from £100,000. DSW declares an interim dividend of 1.2 pence per share, up 20% from 1.0p a year before, noting that it has £2.2 million cash in the bank. Chief Executive Officer Shru Morris notes that the company’s results are typically weighted towards the second half of its financial year, partly due to increased mergers and acquisitions activity ahead of the tax year-end in April. For all of financial 2025, which ended March 31, DSW reported pretax profit of £1.3 million. ‘While mindful of geo-political and economic uncertainties, particularly around the upcoming [UK government] budget, the group remains financially strong, with robust cash generation, a scalable model, and a limited fixed cost base,’ Morris says. Current stock price: 50.00 pence in London on Monday for £12.6 million market capitalisation 12-month change: down 28% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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