UK's Auction Technology Group rises after full year trading update

Auction Technology

28/10/2025 10:09

** Shares of online auction operator Auction Technology Group ATG.L climb 7.05% to 332 p

** Co says thanks to revenue growth in H2, FY25 revenue growth including recently acquired furniture retailer Charish, is expected to rise 9%

** London-listed co expects FY2025 performance to align with revised market expectations of $185.4 million to $187.2 million in revenue and adjusted EBITDA in the range of $75.1 million to $76.0 million

** ATG expects a non-cash goodwill impairment for the year, reflecting Charish acquisition impact

** Expects FY2026 revenue of $238.0 million to $245.7 million and adjusted EBITDA of $82.9 million to $87.0 million, in line with market expectations

     ** RBC analysts say, "There is encouragement from the small pick-up in revenue growth in H2"

** Up to Monday's close, stock down 43.27% YTD

 (Reporting by Simone Lobo in Bengaluru)

 ((Simone.Lobo@thomsonreuters.com; +919920570373;))