UK's Manolete Partners FY26 revenue falls 5%, as expected; expects growth in FY27

Manolete Partners

24/04/2026 07:08

Overview

UK insolvency claims financier's FY26 revenue fell slightly, in line with company expectations

Stronger H2 driven by more high-value, high-margin case completions

Company may provision £1.5m-£2.0m for delayed payments from large debtors if unresolved at audit

Outlook

Manolete Partners expects increased realised revenue and profit before tax in FY27

Company says forward book value rose to £67m, driven by higher value case signings

Manolete sees UK insolvencies persisting at elevated levels, supporting future growth

Result Drivers

HIGHER VALUE CASES - Increase in higher value, higher margin case completions in H2 drove improved trading performance, per CEO Mena Halton

BUSINESS DEVELOPMENT - Investment in legal team and business development initiatives led to more and higher value new case signings

Company press release: ID:nRSX7350Ba

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
GBP 28 mln
FY Net Debt
GBP 11.50 mln


Analyst Coverage

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

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

Wall Street's median 12-month price target for Manolete Partners PLC is GBp130.00, about 160% above its April 23 closing price of GBp50.00

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 12 three months ago

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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.)