Trading Update
SpaceandPeople PLC expects to meet recently upgraded market expectations for the year ending December 31, 2025, with revenue of £8.3 million and profit before tax of £0.5 million. The Group forecasts continued revenue growth for the year ending December 31, 2026, anticipating revenue of £8.8 million, a £0.5 million (6.0%) increase compared to 2025. Following the full repayment of its term loan, borrowing costs will decrease, leading to an expected profit before tax of £0.75 million for 2026, up from £0.5 million in 2025. This increase equates to a profit before tax margin exceeding 8.5% for 2026, compared to 6.0% in 2025.
Select text to share a quote on X · sign in to keep highlights & notes in your SAL notes
SpaceandPeople (AIM:SAL), the brand experience, retail and promotional specialist, is pleased to announce that the Group is continuing to trade in line with its recently upgraded market expectations for the year ending 31 December 2025 ("FY25")*. Furthermore, the Group forecasts continuing revenue growth during the year ending 31 December 2026 ("FY26"), with management anticipating revenue of £8.8 million, representing an increase of £0.5 million (6.0%) compared to FY25. In addition, borrowing costs will decrease following the recent full repayment of the remaining term loan, resulting in expected profit before tax ("PBT") of £0.75 million for FY26 (FY25: £0.5 million*). This equates to PBT margin increasing to over 8.5% for FY26 (FY25: 6.0%).
* FY25 market expectations are revenue of £8.3 million and PBT of £0.5 million.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.