UK's Knights Group H1 revenue up 30% on acquisitions

Knights group

12/01/2026 07:15

Corrects Basic EPS in Key Details table to GBP -0.003, from GBP 0.14

Overview

UK legal services firm's H1 underlying revenue rose 30% to £103.2 mln, driven by acquisitions

Underlying PBT rose 12.5% to £16.4 mln, despite higher acquisition costs

Company raised interim dividend by 10% to 1.94p per share

Outlook

Knights expects full-year performance in line with market expectations

Company sees benefit from full-period contribution of recent acquisitions

Result Drivers

ORGANIC GROWTH - Knights Group returned to organic growth with a 3% increase, supported by strong recruitment and retention of senior fee earners

ACQUISITIONS - Strategic acquisitions in the South East and Cardiff have expanded Knights' presence and service offerings

TECHNOLOGY INVESTMENT - Investments in technology and AI impacted profit margins but are expected to enhance future productivity and service delivery

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
H1 Adjusted Net Income
GBP 12.04 mln
H1 Adjusted EBITDA
GBP 25.50 mln
H1 Basic EPS
GBP -0.003


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the business support services peer group is "buy"

Wall Street's median 12-month price target for Knights Group Holdings PLC is GBp189.81, about 2% above its January 9 closing price of GBp186.00

The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release: ID:nRSL4091Oa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)