UK small-cap RNS · 20 Nov 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

Inspecs Group SPEC £98m
Trading Update Trading update
Tariff disruption and weak macro will delay product shipments, notably from Killine, so FY2025 revenue is guided to about £191m and Underlying EBITDA to about £17.7m, below plan after a slightly behind-plan start to H2.

below expectationsoutlook lowered +3.4% on the day
07:00

BTG Consulting plc BTG £177m
Half-year trading update Trading update
Good first half performance driven by organic growth

first since Oct 2023 −0.9% on the day
07:00

Mcbride MCB £299m
AGM Trading Update and Share Buyback Trading update
Board starts a £20m buyback using the full ~10% authority, saying the market cap undervalues the Group, and plans to seek up to 25% authority if the discount persists.

£20.0m · 7% of mcapin line +14.8% on the day
07:00

PZ Cussons PZC £393m
AGM Trading Statement Trading update
FY26 adjusted operating profit guidance moves up to £50-55m from £48-53m, driven by strong H1 trading, mainly in Africa; profit is weighted to H1 with higher H2 marketing spend.

ahead of expectationsoutlook raised +16.0% on the day
07:00

Origin Enterprises (CDI) OGN £362m
Q1 Trading Update Trading update
Solid Q1 performance with continued growth across Agriculture and strong momentum in Living Landscapes

first since Oct 2023 +0.0% on the day
07:00

Close Brothers Group CBG £570m
Trading Statement Trading update
Close Brothers Group plc ("the group" or "Close Brothers") today issues its scheduled trading update relating to the first quarter of its 2026 financial year from 1 August 2025 to 31 October 2025.

3 profit warnings in 3 months – usually less than 1 −2.7% on the day
07:00

Breedon Group BREE £1,151m
Trading Update Trading update
Guidance of £275-280m Underlying EBITDA sits below the company-compiled consensus of £286.9m (range £278.9m-£292.0m), so it is below expectations, though profitable growth and lower leverage are still promised.

Upgrade / downgrade cycle below expectationsfirst in 6 months −1.9% on the day
07:00

Naked Wines WINE £41m
Post-Close Trading Update Trading update
Naked Wines is pleased to provide a post-close trading update (unaudited) ahead of announcing its half year results for the 26 weeks to 29 September 2025 ('HY26') on 9 December 2025.

in line +0.3% on the day