Auction Technology Group (ATG): FY26 guidance delivery

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£582m · 479.2p · +66% since the first step

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FY26 guidance delivery

Revenue guidance raised again to 5.5-6.5%

OCT22 Next: FY26 pre-close trading update and notice of results

Every step · 6

26 Nov 2025 FY26 guidance set; first month robust – Trading in the first month of FY26 has been robust and consistent with our expectations for the year as a whole. ↗
5 Jan 2026 Guidance unchanged; update due at AGM – A further update on the Company's strategic progress will be provided as part of the AGM Trading Update on 22 January 2026. ↗
22 Jan 2026 Guidance confirmed after positive Q1 – We continue to expect performance in line with the guidance provided at the time of our FY25 results on 26 November 2025. ↗
20 Apr 2026 Guidance confirmed after strong H1 – We continue to expect performance in line with our guidance set out in November 2025 and in-line with market expectations4. ↗
14 May 2026 Guidance raised to 5-6% revenue growth – The Board will consider capital allocation towards the end of the year given rapidly reducing leverage. ↗
23 Jul 2026 Revenue guidance raised again to 5.5-6.5% – This represents a slight upgrade to the 5.0-6.0% guidance provided at the half-year results in May. ↗

What is happening

Auction Technology Group: FY26 guidance delivery – Revenue guidance raised again to 5.5-6.5%. ['Revenue guidance raised again to 5.5-6.5%']

In short: Guidance was set on 26 November 2025 and confirmed on 22 January and 20 April 2026. On 14 May 2026 it was raised to 5-6% after H1 growth of 7.9%. On 23 July 2026 Q3 growth of 7.8% led to a further raise to 5.5-6.5%. Margin guidance is unchanged but now expected at the bottom end. Leverage is 1.7x, with about 1.5x expected at FY26 end.
Announced: 26 Nov 2025 · FY26 guidance set; first month robust
Latest: 23 Jul 2026 · Revenue guidance raised again to 5.5-6.5%
H1 growth: 7.9% pro forma constant currency
FY26 revenue guide: 4-5% pro forma constant currency, weighted to first half
Capital allocation: Board to consider towards end of year
Revenue guidance: 5.5-6.5% pro forma constant currency, up from 5.0-6.0% (23 July 2026)
Cost savings: $4m run-rate programme, mainly FY27
Margin guidance: 34.5-35.5% adjusted EBITDA, unchanged; outcome expected at bottom end
Q3 growth: 7.8% pro forma constant currency; 7.7% at actual rates
Next milestone: FY26 Pre-close Trading Update on 22 October 2026

FY26 pre-close trading update and notice of results (22 Oct 2026).

Briefing Pro

What it does, how it got here, what management promised and delivered – written from its own announcements.

From the company's own announcements. Not investment advice.

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