UK insolvency claims manager Manolete Partners' H1 revenue jumps on higher volume

Manolete Partners

07/10/2026 07:11

Overview
UK insolvency claims manager's H1 realised revenue rose 23% to record £17.4 mln
Gross cash receipts fell due to timing of large case settlement
Company's forward book grew to record £69 mln on higher-value new case signings

Outlook
Manolete expects FY27 realised revenue of £30.6 mln and adj realised profit before tax of £1.5 mln
Company says record forward book and strong H1 performance underpin confidence for FY27

Result Drivers
LARGE CASES - Co said growth in realised revenue was driven by higher volume and average value of completed cases, with more large cases finished
DEBT COLLECTION - Co said collection of overdue debtors improved, excluding two large debtors where enforcement action is ongoing

Company press release: ID:nRSG8713Xa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
GBP 17.4 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 GBp67.00, about 67.5% above its October 6 closing price of GBp40.00
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 14 three months ago

Reuters Recommended Reads
Oct 6 - Partners Group-managed investment trust heads for liquidation after vote
Oct 5 - Revolut's rise to become Europe's $115 billion big bank rival

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.)