UK's Made Tech H1 revenue up 28%, says trading ahead expectations

Made Tech

26/02/2026 07:20

Overview

UK digital services firm's H1 FY26 revenue up 28% yr/yr, driven by organic growth

Adjusted EBITDA for H1 FY26 increased 35% yr/yr

Company anticipates adjusted EBITDA to exceed market consensus

Outlook

Made Tech says trading ahead of recently upgraded expectations; anticipates Adjusted EBITDA to be materially ahead of market consensus

Company sees further sales booking momentum in Q4 FY26 and H1 FY27

Made Tech exploring M&A opportunities to expand digital capabilities

Result Drivers

ORGANIC GROWTH - Revenue increased 28% due to strong organic growth and execution against contracted backlog

CONTRACTOR REDUCTION - Improved gross profit margin attributed to reduction in contractor mix

AI AND NATIONAL PROGRAMS - Successful delivery of national programs and AI solutions contributed to results

Company press release: ID:nRSZ4454Ua

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
GBP 27.80 mln
H1 Adjusted EBITDA
GBP 2.40 mln
H1 Gross Margin
31.20%
H1 Adjusted Pretax Profit
GBP 1.90 mln
H1 Gross Profit
GBP 8.70 mln
H1 Order Backlog
GBP 74.40 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the it services & consulting peer group is "buy"

Wall Street's median 12-month price target for Made Tech Group PLC is GBp60.00, about 70.2% above its February 25 closing price of GBp35.25

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 18 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)