UK's DSW Capital tumbles as Iran war hits M&A activity

DSW Capital

16/03/2026 08:31

** Shares of UK professional services platform DSW Capital DSW.L down 18.1% at 45p

** Co says outbreak of war with Iran severely impacted UK M&A activity; many deals expected to complete in March aborted or postponed

** Co now expects FY26 total income of about 6.2 mln pounds  ($8.21 mln), adj EBITDA of ~1.6 mln pounds, adj PBT of ~1.3 mln pounds; CEO says "very disappointing that the robust performance of FY26 has stalled"

** Stock down ~38.35% YTD

($1 = 0.7549 pounds)

 (Reporting by Judes Joseph in Bengaluru)

 ((judes.joseph@thomsonreuters.com;))