REG - Property FranchiseGp - Pre-Close Trading Update

Property FranchiseAnnouncement

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RNS Number : 1728K  Property Franchise Group PLC (The)  04 December 2025

04 December 2025

 

THE PROPERTY FRANCHISE GROUP PLC

("TPFG", the "Company" or the "Group")

 

Pre-Close Trading Update

 

Leveraging the enlarged scale of the Group and capitalising on opportunities
to drive momentum

 

The Property Franchise Group PLC, the UK's largest multi-brand property
franchisor, announces its trading update for the year ending 31 December 2025.
We are pleased to report significant organic growth during the period, with
full year adjusted profit before tax expected to be at least in line with
market expectations(1).

 

Building on a successful H1 performance, H2 trading has continued to deliver
good growth across the Group. Revenues in H2 to 31 October grew by 11% YoY,
supported by our progress on our strategic projects, the Privilege programme
(a set of lettings focused initiatives to support landlords and tenants), and
strong mortgage and sales transactions, despite the speculation around
potential changes to stamp duty and property taxes more widely during the
period.

 

(1) Consensus for adjusted profit before tax of £30.0m

 

Outlook

 

Current trading remains strong, with an operational focus on continuing the
rollout of the Privilege programme across the Group. With the Renters Rights
Bill now confirmed for the 1 May 2026, this crystallises the importance of the
Privilege programme which is designed to protect our franchisees and landlords
from the potential impacts of the legislation, whilst also generating an
additional income stream for the Group.

 

Whilst the increased property taxes on landlords in the Government's budget
were disappointing, we anticipate this to have a limited impact on the
business going forward with the changes likely to drive further rental
inflation as landlords pass these costs on to tenants.

 

In the period, the Group also secured a new bespoke lending facility with
Barclays to provide franchisees with more convenient and cost-effective access
to funding. This will support franchisees in expanding their businesses,
principally through acquisitions and refinancing existing debt on more
favourable terms.

 

The strength of the Group's franchise model and diversified revenue streams
puts TPFG in a strong position and continues to shelter it from market
cyclicality. As such, the Group expects further growth across the divisions in
FY 2026 and looks to the future with confidence.

 

Directorate Update

 

As announced on 10 September 2025, Dean Fielding informed the Board of his
intention to step down from the Board. The Company confirms that Dean stepped
down from the Board at the end of November 2025.

 

Chief Executive Officer, Gareth Samples, commented: "We are continuing to
leverage the enlarged scale of the Group to capitalise upon additional income
opportunities and provide increased value to our franchisees and members. The
uptake of our Privilege programme has been pleasing and is delivering tangible
benefits, mitigating the impact of Renters Rights Bill. Underpinned by a
strong franchise model and diversified revenue streams, we have seen strong
momentum and significant organic growth in trading to the end of October
resulting in our expectations for the full year profitability to be at least
in line with market expectations."

 

For further information, please contact:

 

 The Property Franchise Group PLC                                   01202 405 549

 Gareth Samples, Chief Executive Officer                            company.secretary@propertyfranchise.co.uk

                                                                  (mailto:company.secretary@propertyfranchise.co.uk)
 Ben Dodds, Chief Financial Officer

 Canaccord Genuity Limited (Nominated Adviser & Joint Broker)       020 7523 8000

 Max Hartley / Harry Rees

 Berenberg (Joint Broker)                                           020 7496 3000

 Harry Nicholas / Michael Burke / James Thompson

 Alma Strategic Communications                                      020 3405 0209

 Justine James / Joe Pederzolli / Kinvara Verdon                    propertyfranchise@almastrategic.com
                                                                    (mailto:propertyfranchise@almastrategic.com)

 

About The Property Franchise Group PLC

 

The Property Franchise Group PLC (AIM: TPFG) is the UK's largest multi-brand
property franchisor, with a network of over 1,900 outlets delivering high
quality services to residential clients, combined with an established
Financial Services business.

 

The Company was founded in 1986 and has since strategically grown to a diverse
portfolio of 18 brands operating throughout the UK, comprising longstanding
high-street focused brands and two hybrid brands. The Property Franchise Group
is also a member of two leading mortgage networks through its mortgage
brokers, Brook Financial (MAB) and The Mortgage Genie (Primis).

 

TPFG's brands are: Belvoir, CJ Hole, Country Properties, Ellis & Co,
EweMove, Fine & Country, Hunters, Lovelle, Martin & Co, Mr and Mrs
Clarke, Mullucks, Newton Fallowell, Nicholas Humphreys, Northwood, Parkers,
The Guild of Property Professionals and Whitegates.

 

Headquartered in Bournemouth, the Company was listed on AIM on the London
Stock Exchange in 2013 and entered the AIM 100 in July 2024.

 

More information is available at www.propertyfranchise.co.uk
(http://www.propertyfranchise.co.uk/)

 

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