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The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: ---------- Distribution Finance Capital Holdings PLC - Manchester, England-based provider of financing solutions for dealers and manufacturers in the UK - Expects full year performance to be ahead of market expectations, with statutory pre-tax profit of at least £19 million and adjusted pretax profit of at least £17.5 million, with the latter up 22% from £14.4 million in the year prior. Tangible net assets per share are forecast to be at least 75 pence, up 20% on 63.8p last year. The group said it has seen strong momentum in lending throughout the year, which underpins a record financial performance. It highlights record new loan origination in excess of £1.8 billion, up 27% on £1.4 billion a year ago. Further, the loan book exceeds a new high of £846 million at the period end, up 27% year-on-year, and ahead of the previously guided range of £750 million to £800 million. ‘Portfolio quality remains strong and well within credit appetite,’ firm adds. In addition, Distribution Finance sets out new targets to 2030. By the end of 2030, aims for a loan book in excess of £1.5 billion, a cost-to-income ratio in the range of 45% to 48% and return on required equity of 20%. ---------- Gym Group PLC - London-based gym operator - Says £10 million share buyback programme starts Thursday. The programme, to be run by Peel Hunt LLP, will continue until December 31 2026, unless terminated or completed earlier. ---------- Robert Walters PLC - London-based recruitment firm - Net fee income falls 14% in the fourth quarter year-on-year, with UK down 9%, Europe down 23% and Asia down 12%. Permanent NFI down 12% and temporary down 17%. ‘Our Q4 trading performance saw broadly consistent trends with Q3,’ says Chief Executive Toby Fowlston. ‘In specialist recruitment, we have stronger conviction that recovery is increasingly well-entrenched in the UK, which grew strongly; Spain, which saw sequential improvement as the turnaround continues; and [Australia & New Zealand], where temp volumes saw positive momentum throughout 2025. Meanwhile, conditions in northern Europe remain challenging, albeit sequentially stable, against a backdrop of continued regulatory, macro and political uncertainty,’ the CEO adds. The monthly cost run rate closes the year below £24 million, below the first half exit run rate of £24.5 million. Meanwhile, further progress is made towards delivering at least £10 million of annualised structural cost savings by 2027, the firm says. Headcount falls 5% quarter-on-quarter. ‘Initial planning assumption is for 2026 group net fee income to be slightly below 2025,’ the firm says. ---------- CAB Payments Holdings PLC - London-based payment processing and foreign exchange provider - Says it continued to trade positively through the second half of 2025, with total income expected to be £119 million and adjusted earnings before interest, tax, depreciation and amortisation expected to be slightly above the range of consensus estimates for 2025. Company puts consensus for income at £110.7 million, adjusted Ebitda at £31.7 million, up from £105.5 million and £30.8 million, respectively, in 2024. The performance reflects the ‘successful execution of a strategy built on deepening the group’s presence in key markets and strengthening central bank and regulatory relationships,’ CAB says. This underpins the ‘resilience and sustainability’ of the business. ‘Increased transaction volumes, an expanded client base, and new product capabilities have all contributed to growth.’ CAB also expanded its global footprint, opening a New York office in December and obtaining a licence in principle to operate in Abu Dhabi in October 2025. ---------- Hostelworld Group PLC - Dublin-based online travel agent focused on the hostel market - Reports revenue grows 2% to €93.8 million in 2025, driven by 7.0 million net bookings, up 1% year-on-year and a 2% increase in average booking value to €13.43. Expects 2025 adjusted Ebitda to be €19.9 million, in line with market consensus, at a margin of 21%, down from 24% in 2024. Says revenue grows in the second half of 2025 with bookings up 2% and ABV up 5%. Closes 2025 with cash of €12.2 million and net debt of €1.6 million. ‘Following a softer start to the year, trends improved in H2, with revenue growth strengthening and improved marketing efficiency,’ Gary Morrison, chief executive officer, comments. ---------- Foxtons Group PLC - London-based estate agency - Reports full-year 2025 revenue of around £172 million, up from £163.9 million, with adjusted operating profit of about £22 million, broadly flat year-on-year from £22.1 million. The group completes the £6.5 million acquisition of Milton Keynes agent Cauldwell and says lettings, which make up about 64% of revenue, are expected to remain resilient in 2026. Foxtons expects revenue and profit growth in 2026, although it says sales begin the year with a lower under-offer pipeline, and Q1 2026 sales revenues are set to be below Q1 2025. CEO Guy Gittins says: ‘Despite economic headwinds and fiscal events creating uncertainty in our markets, the group delivered acquisition-led revenue growth and continued to make progress against our strategy. Through continued progress against our growth strategy, and underpinned by our portfolio of high quality, recurring Lettings revenues, we are confident in our ability to grow group revenues and profits. Our focus remains on achieving our mediumterm targets, including the delivery of £50 million of adjusted operating profit.’ ---------- Norman Broadbent PLC - London-based recruitment firm - Net fee income increases 32% to £12.3 million in 2025 from £9.3 million the year prior, while underlying Ebitda multiplies to £1.3 million from £300,000. Swings to pretax profit of £700,000 from a loss of £200,000 with net cash of £1.5 million, up from £100,000. This ‘reflects a strong trading performance against a tough market backdrop and delivers on the medium term Ebitda target set four years ago,’ the firm states. ---------- Finseta PLC - London-based foreign exchange and payments solutions company - Expects to report 2025 revenue of £12.4 million, up 19% from £11.4 million the year prior, reflecting growth in both active customers and average revenue per customer. Finseta says it achieved significant growth in its Dubai operation, ahead of initial expectations, and consequently invested further in the sales team to support accelerated future growth in the region. Also sees strong growth in business with corporate clients in the UK. Total revenues from corporate clients increased by 54% compared with 2024 and represents 57% of 2025 revenues, up from 41% the year before. Expects gross margin to be 61%, up year-on-year from 65.7%, as a result of the greater weighting towards corporate clients in the 2025 revenue mix. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
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