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Microlise Group PLC on Thursday said its 2026 performance for revenue and adjusted earnings will underperform against current market expectations, citing a challenging market environment. The Nottingham, England-based provider of transport technology solutions to fleet operators said its pretax loss widened to £2.5 million in 2025 from £2.3 million a year ago. Adjusted earnings before interest, tax, depreciation and amortisation fell 27% to £8.3 million from £11.3 million. Revenue climbed 5.7% to £84.0 million from £79.5 million. Microlise proposed a final dividend of 1.30 pence per share, up 4.8% from 1.24p a year ago. The company said trading in the first quarter of 2026 is in line with the board’s expectations as it continues to expect 2026 revenue from original equipment manufacturers to be below that of 2025. Citing a challenging market environment, Microlise said it expects 2026 revenue to be slightly below current market expectations, and adjusted Ebitda to be at the lower end of current market expectations. The firm cited 2026 market expectations for a revenue between £87.2 million and £87.5 million, and adjusted Ebitda between £11.2 million and £12.0 million. Chief Executive Officer Nadeem Raza said: ‘2026 will be an important investment year for Microlise as we deliberately allocate capital behind the areas of the business where we see the strongest long-term growth opportunity. This includes investment in our cloud infrastructure, product roadmap, Transport Management Solutions capability, mid-market proposition and go-to-market teams across our core geographies.’ Microlise shares fell 16% to 48.50 pence each on Thursday afternoon in London. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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