|
BTG Consulting PLC on Tuesday said its financial performance met board expectations during the third quarter to the end of January. The Manchester, England-based company’s insolvency and real estate advisory, previously known as Begbies Traynor, left its full-year expectations unchanged as a result. The current range of company-compiled analyst forecasts is for adjusted pretax profit between £23.7 million and £25.4 million, with a consensus of £24.3 million. It reported adjusted pretax profit of £23.5 million in financial 2025. BTG Consulting said the restructuring team has continued to benefit from positive levels of demand, helped by the challenging macroeconomic backdrop. The financial advisory team saw an increase in completed transactions in the three months to the end of January compared to the first half, and has an ‘encouraging’ pipeline going into the final quarter. The performance of the real estate advisory division was in line with expectations, with the integration of recent acquisitions Kirkby Diamond and Network Auctions progressing as planned. ‘Financial performance has been consistent with our expectations and our outlook for the full year remains unchanged, which will extend our track record of profitable growth,’ said Chief Executive Officer Mark Fry. ‘During the period, we completed our rebrand and name change, bringing our market-leading financial and real estate advisory businesses together under common branding. This change reflects the evolution of the group in recent years into a broad-based advisory business.’ Shares in BTG Consulting were up 0.8% at 119.00 pence on Tuesday morning in London. Copyright 2026 Alliance News Ltd. All Rights Reserved.
|