REG - Foresight Group Hldg - FGHL H1 FY26 Trading Update

Foresight groupAnnouncement

Wed 07:00

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RNS Number : 4554C  Foresight Group Holdings Limited  08 October 2025

LEI: 213800NNT42FFIZB1T09

8 October 2025

 

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WHICH THE PUBLICATION, DISTRIBUTION OR RELEASE OF THIS ANNOUNCEMENT WOULD BE
UNLAWFUL

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION. FOR IMMEDIATE RELEASE

 

 

 

 

 

 

Trading update for the six months ended 30 September 2025

 

Foresight Group Holdings Limited ("Foresight", the "Group") is a leading
investment manager offering institutional and retail investors a diverse range
of private and listed investment solutions in real assets located in the UK,
Europe and Australia, and growth capital for SME businesses across the UK and
Ireland.

 

The Group is pleased to announce its trading update for the six months ended
30 September 2025 ("H1 FY26", the "period").

 

·      H1 FY26 core EBITDA pre-SBP is in line with management
expectations and current FY26 consensus estimates 1  (#_ftn1) , with FY26
recurring revenue anticipated to remain within our target range of 85-90%

 

·      Assets under Management ("AUM") and Funds under Management
("FUM") increased by 3% and 1% to £13.6 billion and £9.6 billion
respectively (FY25: £13.2 billion AUM and £9.6 billion FUM). On a constant
currency basis, AUM increased to £13.5 billion, with FUM at £9.6 billion.

 

o  £223 million raised into higher margin retail vehicles which are on track
for another record year supported by a strong H2 pipeline

o  €505 million commitments secured to date for Foresight Energy
Infrastructure Partners II ("FEIP II") from a combination of four new and
three existing limited partners, concluding the first phase of fundraising

o  FEIP II completed a combined £210 million investment into UK battery
storage, acquiring Harmony Energy Income Trust (HEIT), alongside another
Foresight fund

o  Foresight Capital Management delivered positive investment performance of
£36 million and net outflows of £136 million

 

·      In Australia, the sale of leading independent power producer
Zenith Energy at a valuation materially above the fund's prior holding value
generated performance fees for the Group

 

Post period end, the multi vintage roll out of the Group's regional private
equity strategy continued with a £90 million 2  (#_ftn2) first close of a
16th regional fund.

 

 

 

 

 

 

 

Bernard Fairman, Executive Chairman of Foresight Group Holdings Limited,
commented:

 

"We continue to see sustained investor appetite for our specialist products.
Demand for our higher margin business relief products has remained elevated
and, post period end, our private equity division launched its 16(th) regional
institutional fund. Whilst the first phase of FEIP II fundraising was slower
than originally anticipated, we are confident that this second vintage will
achieve its target fund size of €1.25 billion by mid-2027, with a strong
investor pipeline now also supported by initial deployment success through the
recent acquisition of HEIT.

 

The Group's focus on managing long duration capital, combined with a
multi-faceted fundraising pipeline across both institutional and retail
vehicles is expected to drive further profitable growth during the remainder
of FY26 and enables us to maintain our guidance to double core EBITDA pre-SBP
in the five years to FY29."

 

Interim Results Announcement

 

Foresight's Interim Results to 30 September 2025 are scheduled to be released
on 2 December 2025, with a presentation for analysts on the same day. Details
on how to attend the presentation will be available on
https://www.foresightgroup.eu/shareholders
(https://www.foresightgroup.eu/shareholders) in due course.

 

Notes:

 

1.     Please note that all figures contained in this announcement are
unaudited and subject to change.

 

2.     Totals of data presented in this document may vary slightly from
the actual arithmetic totals of such data due to rounding adjustments, with
all percentage movements calculated on underlying numbers.

 

3.     Divisional AUM movement:

 (£ billion)     H1 FY26  FY25  Change %
 Real Assets*    10.8     10.2  +6%
 Private Equity  1.8      1.8   (1)%
 FCM             1.1      1.2   (9)%

*Previously Infrastructure.

 

4.     Group AUM and FUM movement summary on a constant currency basis:

 

               Actuals                              Constant currency basis              (Last 6 months)

               (Last 6 months)
 (£ billion)   30 Sept 2025  31 Mar 2025  Change %  30 Sept 2025                       Change %
               (a)           (b)          (a/b)     (c)                                (c/b)
 AUM           13.6          13.2         3%        13.5                               2%
 FUM           9.6           9.6          1%        9.6                                0%

 

                                                      H-Advisors Maitland

 Foresight Group Investors
 Liz Scorer / Ben McGrory                             Sam Cartwright
 +44 (0) 7966 966956 / +44 (0) 7443 821577            +44 (0) 782 725 4561
 ir@foresightgroup.eu (mailto:ir@foresightgroup.eu)   Foresight@h-advisors.global (mailto:Foresight@h-advisors.global)

 

 

 

About Foresight Group Holdings Limited

Founded in 1984, Foresight is a leading investment manager in real assets and
capital for growth, operating across the UK, Europe, and Australia.

With decades of experience, Foresight offers investors access to attractive
investment opportunities at the forefront of change. Foresight actively builds
and grows investment solutions to support the energy transition, decarbonise
industry, enhance nature recovery and realise the economic potential of
ambitious companies.

A constituent of the FTSE 250 index, Foresight's diversified investment
strategies combine financial and operational skillsets to maximise asset value
and provide attractive returns to its investors. Its wide range of private and
public funds is complemented with a variety of investment solutions designed
for the retail market.

Foresight is united by a shared commitment to build a sustainable future and
grow thriving companies and economies.

Visit https://foresight.group (https://www.foresight.group/) for more
information.

Follow us on LinkedIn for key updates.

 

 

 

 

 

 

 

Disclaimer - Forward-looking statements

 

This announcement, prepared by Foresight Group Holdings Limited (the
"Company"), may contain forward-looking statements about the Company. Such
forward-looking statements can be identified by the use of forward-looking
terminology, including the terms "believes", "projects", "estimates", "plans",
"anticipates", "targets", "aims", "continues", "expects", "intends", "hopes",
"may", "will", "would", "could" or "should" or, in each case, their negative
or other various or comparable terminology. Forward-looking statements involve
known and unknown risks, uncertainties, assumptions and other factors which
are beyond the Company's control and are based on the Company's beliefs and
expectations about future events as of the date the statements are made. If
the assumptions on which the Company bases its forward-looking statements
change, actual results may differ from those expressed in such statements.
There are a number of factors that could cause actual results and developments
to differ materially from those expressed or implied by these forward-looking
statements, including those set out under "Principal Risks" in the Company's
annual report for the financial year ended 31 March 2025. The annual report
can be found on the Company's website (https://www.foresightgroup.eu/).
Forward-looking statements speak only as of the date they are made. Except as
required by applicable law and regulation, the Company undertakes no
obligation to update these forward-looking statements. Nothing in this
announcement should be construed as a profit forecast.

 

 1  (#_ftnref1) Latest company compiled consensus estimates can be found on
the Foresight Group website.

 2  (#_ftnref2) Including £20 million of funds already under Foresight
management.

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