REG - Empresaria Group PLC - Trading Update and Notice of Results

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RNS Number : 8073Q  Empresaria Group PLC  29 January 2026

The information contained within this announcement is deemed by the Group to
constitute inside information as stipulated under the UK version of the EU
Market Abuse Regulation (2014/596) which is part of UK law by virtue of the
European Union (Withdrawal) Act 2018, as amended and supplemented from time to
time.

 

29 January 2026

 

Empresaria Group plc

("Empresaria" or the "Group")

 

Trading Update and Notice of Results

 

 

Adjusted profit before tax expected to be slightly ahead of market
expectations despite ongoing difficult trading conditions.

Empresaria (AIM: EMR), the international specialist staffing group, provides
an unaudited trading update for the financial year ended 31 December 2025
ahead of announcing its full year results on 24 April 2026.

 

Trading update

 

·      Adjusted profit before tax expected to be slightly ahead of
market expectations

·      Net fee income unchanged (CC LFL)* (reported figure down 6% to
£47.3m)

 o    Very strong net fee income growth of 16% (CC LFL) in Offshore Services
 o    Reductions in net fee income across other regions except for the US which
      delivered growth of 23% (CC LFL)
 o    Temporary and contract net fee income reduced by 4% (CC LFL)
 o    Permanent placement continues to be challenging with net fee income reduced by
      9% (CC LFL)

 

Unaudited net fee income by operation for the year ended 31 December 2025 was
as follows:

 £m                      2025   2024   % change  % change (CC LFL)*
 UK                      3.9    4.4    -11%      -11%
 US                      2.7    2.3    17%       23%
 Offshore Services       13.8   12.7   9%        16%
 Non-Core**              27.9   32.2   -13%      -8%
 Central and intragroup  (1.0)  (1.2)
 Total                   47.3   50.4   -6%       0%

* CC LFL - Constant currency like for like and excluding exited operations.
Calculated by translating the 2024 results at the 2025 exchange rates and
excluding the results of operations exited in 2024.

 

** Non-Core operations represent the operating companies identified by the
former Board for potential disposal and reported as such during 2025. The
current Board do not intend to follow this strategy and will revert to
reporting by the following market regions in 2026: UK & Europe, APAC,
Americas, and Offshore Services.

 

Financing

 

Net debt (excluding lease liabilities) increased in line with market
expectations to £17.1m at 31 December 2025 (31 December 2024: £15.3m).
Headroom, excluding invoice financing facilities, was £5.4m at 31 December
2025.

 

Given the ongoing trading environment, and the increased net debt position,
the Board will not be recommending the payment of a final dividend for the
year ended 31 December 2025 (31 December 2024: £nil).

 

Joost Kreulen, Chair of Empresaria, commented:

 

"Challenging market conditions have continued to persist throughout 2025 with
little indication of improvement in the short term other than in our Offshore
Services business.  Notwithstanding the broader challenging environment, we
are pleased to deliver an adjusted PBT slightly ahead of market
expectations.

 

Our review of the Group's operations continues, and we have made good progress
in stabilising both financial control and our operating companies. We are
committed to supporting all our operations and to ensuring that the Group is
well positioned to benefit when the markets begin to recover."

 

 

 

- Ends -

 

Enquiries:

 Empresaria Group plc                                     via Alma PR
 Joost Kreulen, Chair

James Chapman, General Counsel & Company Secretary
 Allenby Capital Limited (Nominated Adviser and Broker)   020 3328 5656
 Nick Naylor / Vivek Bhardwaj (Corporate finance)

Tony Quirke (Equity sales) / Ian Jermin (Research)

 Alma Strategic Communications (Financial PR)             020 3405 0205
 Sam Modlin / Rebecca Sanders-Hewett / Will Merison
empresaria@almastrategic.com

 

 

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