AGM Statement
Personal Group Holdings Plc reported strong momentum continuing into the current year, building on a successful 2025 characterized by double-digit revenue growth and EBITDA performance exceeding market expectations. The company has seen robust new insurance sales and benefits platform growth, including further SME market penetration via its Sage partnership, and is progressing with new insurance partners Sante and Simplyhealth, and benefits partner EB Now. The Board is confident in delivering continued profitable growth in line with market expectations of approximately £54.4 million in revenue and £14.1 million in Adjusted EBITDA for FY 2026. The company also announced the departure of CFO Sarah Mace after 12 years of service, with Matthew Cohen set to join as her successor.
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At the Annual General Meeting of Personal Group Holdings Plc (AIM: PGH), the workforce benefits and insurance provider, to be held today at 10:00 am at John Ormond House, 899 Silbury Boulevard, Milton Keynes, MK9 3XL, Martin Bennett, Chair of the Company, will make the following statement:
"2025 was a strong year of execution, with the management team delivering across a number of dimensions, including customer acquisition, partner penetration and retention, supporting double digit revenue growth and an EBITDA performance ahead of market expectations.
I am pleased to report the momentum achieved in 2025 has continued into the current year. The Group has continued to deliver strong new insurance sales, alongside benefits platform growth, including further penetration of the SME market via our partnership with Sage. We have continued to progress and explore partnership opportunities to broaden access to clients and are making good ground with our new insurance partners, Sante and Simplyhealth, and new benefits partner, EB Now.
This continued progress means the Board remains confident in the Group's ability to deliver continued profitable growth in the year ahead, in line with market expectations*.
As previously announced, Sarah Mace is stepping down as Chief Financial Officer from the end of this meeting, after 12 years of service. Sarah has played a pivotal role in shaping and executing on our strategy, leaving the business on a strong financial footing. On behalf of the Board, I would like to thank her for her important contributions and wish her luck in her future endeavours. Sarah will remain with the Company to ensure an orderly handover to our incoming CFO, Matthew Cohen who we look forward to welcoming in the coming months. Matthew brings deep financial and insurance expertise and will be an important addition to the leadership team as we continue to scale the business.
The relevance of our offerings remains high against a backdrop of increasing financial pressure on employees. Our products continue to deliver meaningful value, reflected in consistently strong retention rates across both partners and customers, supporting a runway for future growth."
* For the purpose of this announcement, the Company believes market expectations for FY 2026 to be Revenue of c.£54.4m and Adjusted EBITDA of £14.1m.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.