Titon Holdings
TON · AIM · Construction and Materials · mcap £9.3m · 82.5p 2 open situations →
- EV
- £6.2m
- EV / EBIT
- –
- Net cash
- £3.1m
- FCF yield
- 2.2%
- Revenue
- £16.2m
- Share price 1y
- −8%
- Insiders 12m
- bought £66k
- Next report
- around 14 Jan
Titon designs and makes ventilation systems and window and door hardware, mainly for UK and European housebuilding. It owns its Haverhill factory in Suffolk.
Timeline · every situation
dots = announcementsOpen · 2
Turnaround plan with targets◷ in 80 days
Turnaround and 2028 targets
FY26 revenue as guided; margin recovery expected in FY27
Titon's turnaround under the Titon 2028 strategy lifted FY25 margins and EBITDA, and G-Pack was bought in June 2026 as the first bolt-on. In August 2026 FY26 guidance was cut to about £17m revenue and £0.3m underlying EBITDA. The 21 Oct 2026 update shows revenue of £17.1m, but gross margin fell to 28.5% and cash to £1.4m. Margin recovery is expected during FY27.
- FY26 underlying EBITDA
- approximately £0.3m
- MVS growth
- mid-to-high-teens percentage revenue growth; margins lower
- WDH
- Revenue down 4.2% to £7.0m including G-Pack; growth returned in H2 21 Oct 2026 ↗
- Cash
- £1.4m at 30 September 2026, no debt 21 Oct 2026 ↗
- Margin outlook
- MVS margins expected to improve from start of FY27
- Gross margin
- 28.5% against 32.9% in FY25 21 Oct 2026 ↗
Next: FY26 full year results · 14 Jan 2027
- 21 Oct 2026 FY26 revenue as guided; margin recovery expected in FY27
- 12 Aug 2026 FY26 guidance cut; recovery pushed to FY27
- 1 Jun 2026 First bolt-on delivered under Titon 2028 strategy
- 30 Apr 2026 H1 loss-making; H2 recovery expected
Insider conviction
1 director buying
£26k in 1 buy
- 7 Aug 2026 Jamie Brooke £26k
Closed · 5
Company filings. Not investment advice.