|
The following is a round-up of earnings for London-listed companies, issued on Tuesday and not separately reported by Alliance News: ---------- Revolution Beauty Group PLC - London-based cosmetics retailer - Pretax loss in year to February 28 widens to £30.6 million from £16.8 million. Revenue falls 28% to £102.1 million from £142.6 million. ‘Following the significant operational and financial improvement delivered in the second half of FY2026, the group has made an encouraging start to FY2027,’ it says. ‘Trading in Q1 FY2027 has been ahead of management expectations which has continued into Q2, with sales broadly flat year on year.’ ---------- MHA PLC - Milton Keynes-based provider of audit, tax, accountancy and advisory services - MHA hails a ‘strong trading performance’. In the year to March 31, pretax profit falls 58% to £39.6 million from £36.3 million from £85.9 million. Revenue, however, rises 12% to £251.4 million from £224.2 million. The revenue figure is before client expenses and disbursements. Net revenue, which strips these out, is up 11% to £240.3 million from £215.7 million. Adjusted earnings before interest, tax, depreciation and amortisation are 13% higher, however, at £46.5 million from £41.2 million. ‘The year ended 31 March 2026 was an important period of progress for MHA, as we completed our first full financial year as an AIM-quoted business and continued to build the group for long-term growth. Since admission, our focus has been clear: to deliver against the plan set out at IPO, maintain the partner-led culture that underpins the business and strengthen the platform from which MHA can continue to grow. I am pleased with the progress made across the group, both in terms of financial performance and the broader development of the organisation,’ it says. ‘The year has demonstrated the strength of that model. We have continued to grow the business, broaden our capabilities, strengthen our international platform and invest in the people, systems and technology needed to support the next stage of development.’ ---------- Gateley Holdings PLC - Birmingham, England-based legal and consultancy firm - Chief Executive Officer Rod Waldie is to step down from August 1 for ‘personal, health-related reasons’. Martin Pike will be appointed interim CEO, having joined Gateley as an independent non-executive in April 2025. A search process to appoint a permanent chief executive officer and an additional independent non-executive director will kick off. Separately, the company reports pretax profit of £7.7 million in the year ended April 30, up 20% from £6.4 million. Revenue climbs 8.2% to £194.3 million from £179.5 million. Trading in the early weeks of the new year ‘is in line with the board’s expectations’. Gateley notes ‘good activity levels as we entered the new year’. The firm has rebased its dividend. Its final payout is 2.0 pence per share, down from 6.2p a year prior. ‘The board is committed to delivering a sustainable, fully covered, progressive dividend over the coming years, while investing to ensure a higher margin, profitable growth path ahead for the group, underpinned by a strong balance sheet. Given this, in recommending the final dividend this year, the board have rebased the group’s dividend to distribute up to around 45% of adjusted profits. The board consider this remains a strong dividend payout demonstrating our absolute commitment to ongoing shareholder distributions, while also placing the dividend on a more sustainable footing and providing greater flexibility to deliver both progressive dividend growth and other shareholder returns,’ Gateley adds. The total dividend is down to 5.3p per share from 9.5p. ---------- Arbuthnot Banking Group PLC - London-based merchant bank - Revenue in the six months to June 30 declines 4.3% to £189.1 million from £197.5 million, but pretax profit edges up 1.7% to £11.0 million from £10.9 million. ‘Arbuthnot has delivered good growth across all of our business lines, with especially encouraging growth in our relationship deposit base, funds under management and specialist commercial lending,’ Chair & Chief Executive Officer Henry Angest says. ‘These results reflect the effect of a series of reductions in the base rate over the last twelve months. Despite the uncertain economic backdrop, the group remains well positioned to continue to grow by taking market share while maintaining our disciplined approach to credit, liquidity and capital management.’ The firm ups its interim dividend to 24 pence per share from 22p. ---------- Brunner Investment Trust PLC - investor in global companies for growth and reliable dividends - Net asset value per share at May 31 half-year end rises 4.7% to 1,640.1 pence from 1,565.8p in November. Total return during the period is 5.6%, improving from negative 1.5% a year prior. It lags the benchmark return of 12%, however. ‘Whilst these are respectable absolute returns, they have clearly trailed the benchmark in a period when market gains were heavily influenced by companies most directly linked to the current technology-led market leadership,’ Brunner adds. Dividends over the period rise 8.0% to 13.5p from 12.5p. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
|
