Year End Trading Update
FY25 revenues £90m, up 5% despite challenging second half; smaller loss than expected.
vs expectations: smaller loss than market expectations
- Group revenues FY25 £90m (prior £85.8m)
- Revenue growth approximately 5%
- FTSE 350 clients 52
- FTSE 100 clients 5
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Peel Hunt, a leading UK investment bank, today announces a trading update for the financial year ended 31 March 2025 ("FY25").
Group revenues for the full year are expected to be approximately £90m (FY24: £85.8m), an increase of approximately 5% year-on-year. This followed a challenging second half with a number of macro-economic events that weighed on market volumes and corporate activity. During the year we took action to reduce costs, and we expect to deliver a smaller loss before tax than market expectations.
We also made good progress in delivering on our strategic priorities in FY25. Notably, we continued to attract high quality mid-cap and growth companies to the franchise and we now act for 52 FTSE 350 clients (including 5 FTSE 100 companies).
Against a backdrop of continuing slow market conditions, we have an encouraging pipeline of investment banking transactions across both M&A and IPOs. A number of announced M&A transactions are expected to complete in the first quarter of our new financial year.
The Company intends to publish its FY25 preliminary results on 16 June 2025.
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