UK small-cap RNS · 28 Oct 2025

Every announcement of UK small & mid caps under £2bn. The ones that started or moved a situation are marked – a click opens it.

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07:00

RWS Holdings RWS £542m
Trading Statement Trading update
Guidance was not raised: adjusted PBT of c.£60m is only stated to be within the existing guidance range. H2 improved sharply on H1 (£18.0m), but revenue is down about 4% as reported.

in line −14.8% on the day

Moved: new: New strategy and operating model – New structure launched 1 October; on track
07:00

React Group REAT £9.5m
Trading Update Trading update
REACT Group Plc (AIM: REAT), the leading specialist support services provider to the facilities management (FM) industry, announces a trading update for the year ended 30th September 2025 ("FY25").

ahead of expectationsfirst since Oct 2023 +14.3% on the day
07:00

Evoke EVOK £190m
Q3 2025 trading update Trading update
Fifth straight quarter of revenue growth (+5%) with all three divisions growing; the Group reiterates FY25 Adjusted EBITDA margin of at least 20%, which it says implies EBITDA ahead of the £362m consensus.

ahead of expectationsoutlook positive +2.2% on the day

Moved: new: Turnaround and profitability drive – Fifth growth quarter; guidance reiterated
07:00

IG Design Group IGR £80m
Trading Update Trading update
Confirms FY2026 revenue of $270-280m and 3-4% margin guidance after the DG Americas exit, but H1 revenue is c.13% lower and net cash is down to c.$2m, so this is steady rather than upbeat.

Disposal of a part (break-up) in lineoutlook positivefirst in 9 months +0.0% on the day

Moved: FY2026 revenue of $270-280m with 3-4% adjusted operating margin.: pending → on_track – Board reaffirms FY2026 revenue guidance of $270-280m and expects the 3-4% adjusted operating margin to hold, supported by 91% orderbook cover. · Maintain cash in excess of $40m in FY2026.: pending → delayed – Net cash fell to c.$2m at period end, well below $40m, though H1 includes c.$33m DG Americas outflow. The $40m cash target is not addressed. · new: DG Americas wind-down – Sold to Hilco; Hilco running sale process
07:00

Diales Group Plc DIAL £17m
Year End Trading Update Trading update
Diales Group Plc (AIM: DIAL), the leading global professional services consultancy to the construction and engineering industries, providing multi-disciplinary consultancy services including expert witness, claims and dispute resolution services, today …

in linefirst in 6 months +14.7% on the day