Overview
UK customer loyalty platform's interim net revenue grew 6% yr/yr to £33.7 mln
Adjusted EBITDA rose 16% yr/yr, reflecting operational leverage and digital transformation
Active members increased 23% yr/yr, driven by higher digital platform engagement
Outlook
Ten Lifestyle expects FY 2026 trading in line with market expectations
Company says it expects FY 2027 revenue and adj EBITDA to be ahead of current market forecasts
Board says macro and geopolitical risks, including Middle East conflict, have had limited impact
Result Drivers
DIGITAL TRANSFORMATION - Co said ongoing investment in digital platform and AI systems improved efficiency, scalability, and service quality
MEMBER GROWTH - 23% increase in active members attributed to higher engagement with digital platform
CONTRACT MOMENTUM - New and expanded digital contracts with financial institutions and premium brands supported revenue growth
Company press release: ID:nRSV3898Ba
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Net Income
GBP 100,000
H1 Pretax Profit
GBP 200,000
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the leisure & recreation peer group is "buy"
Wall Street's median 12-month price target for Ten Lifestyle Group PLC is GBp130.00, about 75.7% above its April 21 closing price of GBp74.00
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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.)