REG - Keystone Law Grp PLC - Full Year Trading Update and Notice of Results

Keystone LawAnnouncement

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RNS Number : 4054T  Keystone Law Group PLC  18 February 2026

18 February 2026

 

 

Keystone Law Group Plc

('Keystone', the 'Group' or the 'Company')

 

Full Year Trading Update

And

Notice of Results

 

Keystone to deliver revenue and adjusted PBT marginally ahead of current
market expectations((1)) for FY2026

Buoyant trading conditions during the Period underpinned by ongoing client
demand

 

Keystone, the tech-enabled platform law firm, is pleased to announce the
following trading update for the year ended 31 January 2026 ("FY 2026" or the
"Period").

 

Keystone's lawyers performed strongly across the business, with buoyant
trading conditions during the Period underpinned by ongoing client demand
delivering an increase of just under 10% on FY 2025 revenue per Principal and
an improved financial performance.

 

Recruitment of 61 new Principals, together with a net increase in Pod members
of 36, has driven the total fee earners numbers up by 13.5% to 654 (Principals
up 7.7% to 491 and other fee earners up 35.8% to 163).

 

These factors underpin both the current and future performance of Keystone and
the Board now expects the Group to deliver FY 2026 revenue and adjusted PBT
marginally ahead of current market expectations((1)).

 

James Knight, Chief Executive Officer of Keystone, commented:

 

"I am delighted that Keystone has delivered such an impressive performance
across 2026, beating market expectations.

 

These financial results, supported by a strong operational performance across
the business, are testament to the broad appeal of Keystone's brand and our
ongoing ability to attract and retain highly successful lawyers.

 

Our position as the premier tech-enabled platform law firm, supported by the
strength of our business proposition to both lawyers and their clients,
reinforces our ongoing confidence to drive the business forward to deliver
sustainable long-term success for all stakeholders."

 

(1) Current market expectations for FY 2026: revenue £108.9m and adjusted PBT
£14.4m

 

 

Notice of results

Keystone will be announcing its final results for the year ended 31 January
2026 on Wednesday, 29 April 2026.

 

Analyst Briefing

A virtual meeting for sell-side analysts will be held virtually at 9.30 a.m.
on Wednesday, 29 April 2026. Analysts wishing to attend this event can
register via email at: keystonelaw@vigoconsulting.com
(mailto:keystonelaw@vigoconsulting.com)

 

Retail Investor Presentation

Keystone's management team will provide a separate presentation and Q&A
for retail investors at 1.00 p.m. on Thursday, 30 April 2026.

 

The presentation will be hosted on the Investor Meet Company platform, where
questions can be submitted pre-event up until 9.00 a.m. on the day before the
meeting, or at any time during the live presentation.

 

Investors can register for free and subscribe to alerts on Keystone by
visiting:

www.investormeetcompany.com/keystone-law-group-plc/register-investor
(http://www.investormeetcompany.com/keystone-law-group-plc/register-investor)

 

Investors who already follow Keystone on the Investor Meet Company platform
will automatically be invited.

 

 

 

For further information please contact:

 

Keystone Law Group plc

James Knight, Chief Executive Officer

Ashley Miller, Finance Director

www.keystonelaw.com (http://www.keystonelaw.com)

 +44 (0) 20 3319 3700

 

Panmure Liberum Limited (Nominated Adviser and Joint Broker)

Atholl Tweedie (Corporate Finance)

Rupert Dearden (Corporate Broking)

www.panmureliberum.com

+44 (0) 20 7886 2500

 

Investec Bank plc (Joint Broker)

Carlton Nelson

James Rudd

www.investec.co.uk (http://www.investec.co.uk)

+44 (0) 20 7597 5970

 

Vigo Consulting (Financial Public Relations)

Jeremy Garcia / Fiona Hetherington

keystonelaw@vigoconsulting.com (mailto:keystonelaw@vigoconsulting.com)

+44 (0)207 390 0233

 

The information contained within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulation (EU) No.
596/2014 as it forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR").

 

 

Notes to editors

Keystone (AIM: KEYS) is a highly scalable, premier tech-enabled platform law
firm. Ranked within the UK Top 100 law firms, providing conventional legal
services in a £12bn addressable market through its differentiated platform
model which has three defining characteristics:

 

·    Lawyers have freedom, flexibility and autonomy, and are paid up to
75% of what they bill.

·    Lawyers determine how, when and where they work, in contrast to the
conventional law firm model.

·    Lawyers are provided full infrastructure and support via its central
office team, bespoke user-friendly IT platform, and network of colleagues and
events.

 

Keystone is a full-service law firm, with 20 service areas and more than 50
industry sectors delivered by over 450 high calibre self-employed Principal
lawyers who work from their own offices.

 

More information about Keystone can be found at www.keystonelaw.co.uk
(http://www.keystonelaw.co.uk/) .

 

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