Luceco

LUCE · Main Market · Industrial Goods and Services · mcap £307m · 208.0p

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Financials · LTM to 30 Jun 26

Source: results 22 Sep 26 ↗

Revenue: £288m
Operating profit: £31.6m
Net income: £20.6m
Free cash flow: £19.4m
Net debt: £69.0m
Market cap: £334m
EV / EBIT: 12.7×
FCF yield: +5.8%
Price / book: 3.2×

Latest half-year · H1 26 vs H1 25 results 22 Sep 26 ↗

Revenue: £143m
Operating profit: £11.6m
Net income: £6.9m
Cash from operations: £4.3m

Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.

Income statement Cash flow Balance sheet

Annual Half-yearly

Latest report: H1 26 (six months to 30 Jun 26), published 22 Sep 26 · read the results ↗

£m unless stated · newest first · italic = calculated (LTM, H2 = FY − H1) · hover a value for its source

	LTM Jun 26	FY 25	FY 24
Revenue	288.3	271.4	242.5
Gross profit	122.6	115.2	97.5
Adjusted operating profit	35.8	33.8	29.0
Operating profit	31.6	31.6	23.2
Share-based payments	3.6	1.9	1.5
Finance costs	(5.6)	(6.9)	(4.3)
Profit before tax	26.0	24.7	18.9
Tax	(5.4)	(4.4)	(4.3)
Net income (owners)	20.6	20.3	14.6
EPS basic	13.7p	13.5p	9.5p
EPS diluted	13.7p	13.4p	9.5p
Dividend per share	6.3p	6.0p	5.0p

	H1 26	vs H1 25	H2 25	H1 25
Revenue	142.6	+13%	145.7	125.7
Gross profit	60.1	+14%	62.5	52.7
EBITDA	20.4	+11%	–	18.3
Adjusted operating profit	15.8	+14%	20.0	13.8
Operating profit	11.6	0%	20.0	11.6
Share-based payments	2.4	+243%	1.2	0.7
Finance costs	(2.5)	−34%	(3.1)	(3.8)
Profit before tax	9.1	+17%	16.9	7.8
Tax	(2.2)	+83%	(3.2)	(1.2)
Net income (owners)	6.9	+5%	13.7	6.6
EPS basic	4.6p	–	9.1p	4.4p
EPS diluted	4.6p	–	9.1p	4.3p
Dividend per share	2.1p	–	4.2p	1.8p

	LTM Jun 26	FY 25	FY 24
Cash from operations	32.3	45.0	14.7
Interest paid	(6.0)	(6.0)	(4.1)
Tax paid	(7.9)	(4.6)	(6.3)
Capex (PP&E)	(6.9)	(5.6)	(5.0)
Capex (intangibles)	(3.1)	(3.1)	(2.9)
Lease principal paid	(2.9)	(2.8)	(2.7)
Dividends paid	(8.9)	(7.7)	(7.5)
Share buybacks	(6.4)	(5.3)	(4.7)

	H1 26	vs H1 25	H2 25	H1 25
Cash from operations	4.3	−75%	28.0	17.0
Interest paid	(2.9)	0%	(3.1)	(2.9)
Tax paid	(2.9)	n/m	(5.0)	0.4
Capex (PP&E)	(3.7)	+54%	(3.2)	(2.4)
Capex (intangibles)	(1.5)	0%	(1.6)	(1.5)
Lease principal paid	(1.4)	+8%	(1.5)	(1.3)
Dividends paid	(6.2)	+24%	(2.7)	(5.0)
Share buybacks	(4.2)	+35%	(2.2)	(3.1)

	Latest Jun 26	FY 25	FY 24
Other intangibles	62.0	63.1	–
Property, plant & equipment	27.1	25.4	24.7
Associates & JVs	1.8	–	–
Inventories	71.2	61.8	53.8
Trade receivables	84.1	83.4	80.1
Cash	6.6	3.3	4.1
Current assets	–	151.1	142.6
Total assets	267.0	251.4	244.8
Trade payables	73.0	76.4	59.2
Current liabilities	–	79.7	63.2
Borrowings, non-current	75.6	55.2	72.0
Total liabilities	160.9	147.5	149.0
Total equity	106.1	103.9	95.8
Net cash / (debt) ex leases	(69.6)	–	–
Net cash / (debt) incl. leases	(76.4)	(59.9)	(75.1)
Undrawn facilities	44.4	–	–

	H1 26	H2 25	H1 25	H2 24
Other intangibles	62.0	63.1	64.1	–
Property, plant & equipment	27.1	25.4	23.9	24.7
Associates & JVs	1.8	–	–	–
Inventories	71.2	61.8	59.2	53.8
Trade receivables	84.1	83.4	74.8	80.1
Cash	6.6	3.3	7.5	4.1
Current assets	–	151.1	–	142.6
Total assets	267.0	251.4	243.7	244.8
Trade payables	73.0	76.4	59.2	59.2
Current liabilities	–	79.7	–	63.2
Borrowings, non-current	75.6	55.2	75.1	72.0
Total liabilities	160.9	147.5	151.6	149.0
Total equity	106.1	103.9	92.1	95.8
Net cash / (debt) ex leases	(69.6)	–	(68.0)	–
Net cash / (debt) incl. leases	(76.4)	(59.9)	(74.0)	(75.1)
Undrawn facilities	44.4	–	–	–

Line items extracted automatically from each results announcement; when a later report restates a period, the later figure is shown. LTM and H2 are calculated from reported periods. Check the source before relying on a figure.

Company filings. Not investment advice.