REG - Begbies Traynor Grp - AGM Statement

Begbies TraynorAnnouncement

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RNS Number : 7740Z  Begbies Traynor Group PLC  18 September 2025

18 September 2025

 

Begbies Traynor Group plc

 

AGM Statement

 

Trading Update

 

Begbies Traynor Group plc ("the group"), the financial and real estate
advisory firm, is today holding its Annual General Meeting. Ric Traynor,
Executive Chairman, will make the following statement:

 

"The last financial year was a further successful one for the group, in which
we continued to execute our proven growth strategy which has delivered ten
consecutive years of profitable growth. The results for the year, which were
ahead of original market consensus expectations in terms of revenue, EBITDA
and net cash, were driven by strong levels of organic growth delivered across
our broad range of advisory services in both divisions.

 

The business remained highly cash generative, with a marked increase in free
cash flow in the year, which enabled us to propose an 8% increase in the total
dividend, representing our eighth consecutive year of dividend growth.

 

Our strategy of investing in organic development and earnings enhancing
M&A has resulted in a diversified and resilient business. In ten years we
have tripled the size of the business with a six-fold increase in adjusted
profit before tax. Building on this track record, we continue to make good
progress towards our medium-term revenue target of £200m.

 

We have made a good start to the new financial year with encouraging activity
levels and positive momentum across the group. We have continued to invest in
organic development, through the recruitment of additional senior fee earners
over the last eighteen months, the full benefit of which is expected to
deliver growth in the second half of the financial year and thereafter.
Results for the first quarter to 31 July 2025 were in line with our
expectations, and overall, we are confident of delivering market expectations*
for the full year.

 

Our robust balance sheet and cash generation underpin our capacity to continue
to invest in organic growth initiatives whilst progressing our pipeline of
acquisitions. In summary, our broad range of advisory services, diversified
client base and multiple growth opportunities, gives us confidence of
continuing our track record of growth in the new financial year and beyond.

 

We will next update on current trading at the time of our half year results,
which we expect to publish in December 2025."

 

* market expectations (as compiled by the group): revenue of £163m - £164m,
adjusted PBT of £23.7m-£24.9m.

 

- ENDS -

 

 

 

Enquiries please contact:

 

Begbies Traynor Group
PLC
    0161 837 1700

Ric Traynor - Executive Chairman

Nick Taylor - Group Finance Director

 

Canaccord Genuity Limited
 
    020 7523 8350

(Nominated Adviser and Joint Broker)

Adam James / Harry Pardoe

 

Shore Capital
 
020 7408 4090

(Joint Broker)

Malachy McEntyre / Mark Percy / Anita Ghanekar / James Thomas

 

MHP
Communications
              07770 753 544

Reg Hoare / Katie Hunt / Charles Hirst
                              begbies@mhpgroup.com
(mailto:begbies@mhpgroup.com)

 
 

Further information on Begbies Traynor Group can be accessed via the group's
website at www.ir.begbies-traynorgroup.com.

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