Restore

RST · AIM · Industrial Goods and Services · mcap £404m · 315.0p 1 open situation →

EV: £544m
EV / EBIT: 20.7x
Net debt: £122m
FCF yield: 3.7%
Revenue: £336m
Cash returned: 3.0%
Share price 1y: +33%
Insiders 12m: bought £80k
Next report: around 11 Mar

Restore stores and digitises business and public-sector records, runs secure document shredding, and provides IT recycling and related services. Most income is recurring, from storage and multi-year contracts such as those with the DWP and HMRC.

Timeline · every situation

dots = announcements

202420252026 Buyback programme Profit upgrade 2 directors buying Harrow Green disposal 2 directors buying Results ahead of expectations 1 director buying 2 directors buying

Open · 1

Capital return

Buyback programme

under way

A £20m buyback was announced with the FY25 results and launched in March 2026. By the H1 results £4.6m had been purchased, and leverage fell to 1.7x within the 1.5x-2.0x target range, so the programme is being funded alongside acquisitions.

Size: £20m share buyback programme
Done so far: £4.6m purchased in H1 2026
Leverage: 1.7x at 30 June 2026, target range 1.5x-2.0x

12 May 2026 under way
16 Mar 2026 under way
12 Mar 2026 proposed

Open the full view – chart and every step →

Closed · 7

Upgrade / downgrade cycleProfit upgrade guidance raised · third in 12 months · 9 Dec 2025 – 10 Jun 2026 +5% Insider conviction2 directors buying £80k in 2 buys · 10 Dec 2025 – 19 Mar 2026 −3% Disposal of a part (break-up)Harrow Green disposal Completed; sold to Pickfords for £5.5m · 9 Dec 2025 – 9 Dec 2025 Insider conviction2 directors buying £81k in 2 buys · 13 Mar 2025 – 12 Jun 2025 +25% Upgrade / downgrade cycleResults ahead of expectations ahead of expectations · 13 Mar 2025 – 11 Jun 2025 +25% Insider conviction1 director buying £68k in 1 buy · 23 Aug 2024 – 21 Nov 2024 −18% Insider conviction2 directors buying £154k in 4 buys · 6 Oct 2023 – 17 Mar 2024

Company filings. Not investment advice.