REG - Pebble Group (The) - Trading Update and Notice of Results

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RNS Number : 9628O  Pebble Group PLC (The)  15 January 2026

 

15 January 2026

THE PEBBLE GROUP PLC

("The Pebble Group" or the "Group")

 

Trading Update and Notice of Results

FY 25 expected to be in line with market expectations, strong cash generation
and acceleration of new Partner wins at Facilisgroup

 

The Board of The Pebble Group, a leading provider of technology, services and
products to the global promotional products industry, is pleased to announce
that the Group's results for the year ending 31 December 2025 ("FY 25
Results"), which will be published on Tuesday 17 March 2026, are expected to
be in line with market expectations.

Group revenue will be circa £125m (FY 24: £125.3m) with Adjusted EBITDA of
not less than £15.8m (FY 24: £16.7m). This reflects a return to growth in H2
25 in Brand Addition and is net of circa $1.0m invested in operating costs in
Facilisgroup to drive new Partner wins.

Operating Cash Conversion increased during the year to over 80% (FY 24 68%).
After cash distributions to shareholders of £11.7m (FY 24: £3.4m) and
purchases of shares by The Pebble Group Employee Benefit Trust of £0.6m
(FY24: £0.1m), cash was ahead of expectations and the Group had net cash
(excluding IFRS 16 liabilities) at 31 December 2025 of £9.6m (31 December
2024: £16.5m).

The decision to increase investment in business development at Facilisgroup
has resulted in the acceleration of new Partner wins. Since the Group's last
trading update on 9 September 2025, Facilisgroup has continued to build upon
its positive trajectory and, in 2025, delivered close to 100% growth in the
number of new Partner wins compared to 2024, while maintaining strong Partner
retention. This provides an important increase in our Partner base and a
strong foundation for growth at Facilisgroup in 2026 and beyond.

At Brand Addition, strong gross margins and cost discipline will underpin
profit growth in 2025, complemented by encouraging new contract wins which
will impact revenue from 2026 onwards.

The Board is pleased with the positive momentum from the recent investments in
growth and at the Group's FY 25 Results in March 2026, we will provide detail
on:

 i)            our approach to supporting accelerated growth at Facilisgroup as the value of
               our 2025 investment is increasingly realised;
 ii)           Brand Addition's ability to deliver strong profits and cash generation
               throughout an extended period of macroeconomic challenge; and
 iii)          our capital allocation priorities considering the Group's high cash generation
               characteristics, underpinned by a strong, debt free, balance sheet.

The Board continues to assess strategic options to unlock value for
shareholders in view of the financial strength and market-leading positions of
the individual businesses. This includes further investments, capital returns
and group structure.

Details of webcast for analysts and institutional investors

The management team will host a presentation for analysts and institutional
investors at 8am (UK) on the day of the results, 17 March 2026. To register,
please contact pebble@templebaradvisory.com
(mailto:pebble@templebaradvisory.com) .

 

 

Enquiries

 

 The Pebble Group                                 +44 (0) 750 012 4121

 Chris Lee, Chief Executive Officer

 Claire Thomson, Chief Financial Officer
 Panmure Liberum (Nominated Adviser and Broker)   +44 (0) 20 3100 2000

 Edward Mansfield

 Will King

 Gaya Bhatt
 Temple Bar Advisory (Financial PR)               +44 (0) 207 183 1190

 Alex Child-Villiers                              pebble@templebaradvisory.com (mailto:pebble@templebaradvisory.com)

 Alistair de Kare-Silver

 

About The Pebble Group

 

The Pebble Group is a provider of digital commerce, products and related
services to the global promotional products industry, comprising two
differentiated businesses, Facilisgroup and Brand Addition, focused on
specific areas of the promotional products market. For further information,
please visit www.thepebblegroup.com (http://www.thepebblegroup.com/) .

 

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