In Key Details table, corrects FY revenue to GBP 40 mln, from GBP 16.30 mln
Overview
UK consumer legal services firm's revenue rose 3% yr/yr to £40 mln
Underlying operating profit increased 86% due to higher revenue and lower marketing costs
Company's net debt reduced by 55% to £3.2 mln, a 10-year low
Outlook
Company expects lower Consumer Legal Services outcome in FY26 due to fewer enquiries
Company developing new lead channels to reduce reliance on paid search activity
Result Drivers
PERSONAL INJURY BUSINESS - Higher revenues and lower marketing costs in Personal Injury business boosted profit
NATIONAL ACCIDENT LAW - Settled 3,197 claims, generating £10.7m cash, and created Serious Injury team for complex claims
BUSH & CO. - Revenue growth in expert witness services and Bush & Co. Kids initiative despite case management market softness
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
GBP 40 mln
FY Net Debt
GBP 3.20 mln
Press Release: ID:nRSa4432Qa
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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.)