UK's Elixirr slumps to over 2-year low after first half organic growth slows sharply

Elixirr International

21/09/2026 08:48

** Shares of British consultancy firm Elixirr International ELIX.L fall 12.5% to 544p, their lowest since July 2024
** Biggest decliner on FTSE small-cap index .FTSC, which is down 0.33%
** Co reports H1 organic revenue growth of 5% compared with 17% a year ago, highlighting slower underlying growth and increasing reliance on M&A
** Peel Hunt analysts say 5% organic growth marks Elixirr's slowest rate since its IPO in July 2020
** "Operational metrics were broadly stable during H1 26, although the latest trading performance has led us to adopt a more cautious stance on the near-term outlook" - Peel Hunt analysts
** So far this year, ELIX down 32.8%, FTSC up 7.2%

 (Reporting by Anushka Chourasia in Bengaluru)
 ((Anushka.Chourasia@thomsonreuters.com))