The Begbies board is to declare a 7% increase in the interim dividend to 1.5p (2024: 1.4p), which will extend their height consecutive years of dividend growth since 2017 and reflects our confidence in sustaining their financial track record and in the group's financial position and prospects. They remain committed to a long-term progressive dividend policy, which takes account of the group's earnings growth, their investment plans and cash requirements, together with the market outlook.
The interim dividend will be paid on 8 May 2026 to shareholders on the register on 10 April 2026, with an ex-dividend date of 9 April 2026.
Other financial highlights include:
Revenue growth of 7% (driven by good organic performance)
Adjusted EBITDA growth of 5% with margins of 19.6% (2024: 20.1%)
o margin reduction from increased employer national insurance costs of £0.7m (0.9% impact on margin), partially offset by benefits from underlying operational leverage
Adjusted profit before tax growth of 5%, with adjusted diluted EPS growing faster at 6%, as a result of the share buyback undertaken in the period
Statutory profit before tax up 83%, benefitting from reduction in non-underlying items
since 2017 and reflects the board's continued confidence in the prospects for the business
Strong financial position and significant levels of headroom within committed bank facilities
