Next 15 Group plc has announced that they will maintain their interim dividend at 4.75p per share reflecting confidence in the Group’s healthy balance sheet and near-term outlook.
Other financial highlights include:
- Net revenue of £214.9m (H1 FY26: £230.8m). On a like-for-like (‘LFL’) basis at constant currency, this represents a decline of 1.3%.
- Growth returning: the Group delivered three consecutive months of organic revenue growth (June 26 – August 26), the first sustained period of growth in three years.
- Track 1 delivered LFL revenue growth of 1.8% at an 18.4% operating margin (H1 FY26: 17.9%), led by Digital Transformation, up 26.8%.
- Adjusted operating profit of £32.1m (H1 FY26: £32.7m), with operating margin improving to 14.9% (H1 FY26: 14.2%), reflecting disciplined cost management and the benefits of the simplification strategy.
- The Group has been rationalised from 22 businesses to 10, with headcount reduced by 5%.
- Statutory loss before tax of £1.5m principally due to ongoing litigation costs and acquisition accounting related costs.
- Net debt increased to £57.3m (H1 FY26: £45.3m), reflecting earn-out payments, tax and capex, with leverage remaining low at 0.7x adjusted EBITDA.
