Situations

MINDMind Gym MindGym is continuing to make progress with its transformation strategy to evolve the... Three-year transformation strategy · Year three; recurring revenue growing, trading weak next: half year results WKPWorkspace Group We continue to execute our strategy. Fix, Accelerate and Scale turnaround · Execution; Q2 occupancy dip, early pricing wins next: Half year results, rebrand and website launch · 18 Nov TPXTPXimpact Holdings The Group enters the second half of the financial year with positive momentum, a... Three-year turnaround plan · Growth phase; FY27 guidance upgraded 15 Oct 2026 next: H1 FY27 preliminary results · 10 Nov RWARobert Walters Cost savings and portfolio management · Run rate c.£22m; cash lower, facilities added next: Q4 trading update · 15 Jan IHPIntegraFin Holding Group-wide cost review implementation · Reiterated; H2-weighted savings confirmed for FY26 next: FY26 results with cost outturn and FY27 guidance · 9 Dec VP.VP Brandon Hire Station repositioning · Restructure done; performance improving, exceptional costs booked next: further details at interim results · 25 Nov ACRMAcuity RM Group Cost-led turnaround to profit · Near breakeven; defence programme orders widening next: Risk OS launch and consultancy contracts... SSPGSSP Group Multi-year strategic roadmap · New £50m buyback started after £100m completed next: FY26 full year results · 8 Dec SNXSynectics Product-led software transformation · Early benefits emerging; on track next: FY26 results; benefits expected from FY27 BANKFiinu Everfex integration and governance overhaul · Everfex in court restructuring application; no bankruptcy order next: Court decision on opening arrangement proceedings PAYPayPoint Capital Markets Day strategy update · Held on 29 September 2026 VCTVictrex plc Profit Improvement Plan · Folded into five-year Optimise plan next: deliver Optimise targets: gross margin c.50% by FY31 CPH2Clean Power Hydrogen IP monetisation and strategic alternatives · Restructuring complete; executing licensing model next: new product and technology roadmap, Hidrigin... TMGThe Mission Group Agency consolidation and simplification · Net bank debt £11.0m; H2 reduction expected DEBSBoohoo Group Marketplace turnaround · H1 growth accelerated; marketplace mix 38.9% DATAGlobaldata Growth Transformation Plan execution · Plan concluding; FY26 margin guided at H1 level WNXWellnex Life Limited Two-pillar strategy and cost reset · FY26 audited: loss cut, cash positive in 2H FORGForgent PLC Cost reset and leadership overhaul · Australian strategy approved at AGM MACFMacfarlane Group Distribution performance improvement · Organic profit growth; margin 4.6% TIDECrimson Tide Turnaround and churn reduction · Rebuild under way; more renewals secured HTGHunting EMEA restructuring · Near completion; Fordoun closing September TONTiton Holdings Turnaround and 2028 targets · FY26 guidance cut; recovery pushed to FY27 MSLHMarshalls Landscaping performance improvement plan · Moving from reset to delivery; profit recovering SYNTSynthomer Cost savings programme · c.£13m delivered in H1 2026 SATSSatsuma Technology PLC Cost reduction and reset plan · Ended: all Bitcoin sold after vote ELMElementis Elevate Elementis cost savings programme · $6.5m of net $10m target delivered ZOOZoo Digital Group Post-restructuring turnaround · Restructuring complete; board refresh continuing PETSPets at Home Group Retail turnaround plan · Gaining traction; Q1 FY27 Retail sales up SFRSeverfield Strategic review and transformation · Refreshed strategy; FY27 transition year on plan DOCSDr. Martens Levers for Growth strategy · Scale phase, on track in early FY27 CLBXCelLBxHealth plc Restructuring and turnaround · Costs cut; CEO search under way FUTRFuture Growth strategic initiatives roadmap · 8 of 11 initiatives launched; asset review ongoing SDGSanderson Design Group Manufacturing turnaround via Future Factory · Profitable growth; positive H2 order book AVONAvon Technologies plc STAR strategy and margin target · New phase: Improve. Grow. Compound. MAIMaintel Holdings Transformation programme · Final phase: Operations restructure planned for H2 NAHNAHL Group Bush & Co growth plan · Case management model being adapted TSTTouchstar Management restructuring and transformation · 2026 transition year; execution phase starting CKTCheckit Cost reset and return to growth · Standalone two-year value-creation framework VTYVistry Group New CEO operational review · Review complete; resizing plan being executed AXSAccsys Technologies FOCUS growth strategy Phase 1 · Company says still on track for FY27 targets FADLFadel Partners Inc Cost restructuring and path to profitability · H1 loss narrowed 53% to $1.1M; still loss-making CRPRCropper (James) Paper & Packaging turnaround · Particularly strong period, momentum building on H2 FY26 STVGSTV Group Studios portfolio review · Portfolio review underway; impairment booked NANONanoco Group Leadership change and cost reset · Cost base reduced; further cuts under review GBGGB Group Americas Identity turnaround · Setback: attrition, leader departed VSVSVesuvius Structural cost reduction programme · On track; £7.4m delivered in H1 BOYBodycote Optimise programme and plant closures · 27 of 31 closures complete; scope expansion explored LPALPA Group One-LPA turnaround · Aviation distribution channel added BGOBango Low margin transactional routes · Ahead of plan, completing this year DNLMDunelm Group Winning Hearts & Homes plan · Early implementation; cost removal begun TEAMTeam Path to cash breakeven · Hedley & Co contracts exchanged; awaiting FCA approval SAASMicrolise Group Accelerated FY26 investment programme · Progressing; H1 margin 13.2% OPTIOptiBiotix Health Cost reduction and commercial sustainability plan · Cost cuts delivering in H1; more due H2 ADFFacilities by ADF Cost reduction and integration · Further H2 cost actions begun; margin falling TTGTT Electronics Turnaround plan · Delivering; 2026 profit guidance raised ULTPUltimate Products Commercial function overhaul · Restructuring costed; H2 revenue flat TEPTelecom Plus Five-year multiservice growth plan · Early progress; FY27 guidance reiterated, H2-weighted MGAMMorgan Advanced Materials Operational effectiveness and growth strategy · Executing: two site turnarounds, ERP at 13 sites FOXTFoxtons Group Sales repositioning and cost programme · £4.5m annualised savings implemented; benefit H2-weighted PTSBPermanent TSB Group Holdings (CDI) Cost reduction and transformation programme · On track; costs 1% lower MCGMobico Group Group cost reduction programme · On track; target now £100m annualised savings ARBBArbuthnot Banking Group Wealth Management optimisation · Fund range launched; FUMA reached £3.0bn SYS1System1 Group Cost optimisation and efficiency plan · Savings delivered; margin benefit expected FY27 CMCXCMC Markets Cost relocation to lower-cost jurisdictions · FY2027 operating costs unchanged at about £280m MERCMercia Asset Management Mercia '27 growth targets · Year two done; divestment target slipping WYNWynnstay Group Project Genesis restructuring · Delivering benefits; loss-making sites closed, GrainLink unified PNNPennon Group Wastewater pollution reduction plan · Pollutions down c.34%; EPA 1* provisional TRUTrufin Satago turnaround · EBITDA profitable since June 2026 YOUYouGov Value Delivery Plan · Wave 1 done; Wave 2 ahead of plan OMGOxford Metrics Cost optimisation programme · Expanded; ahead of 2027 plan SPSCSpectra Systems Corporation (DI/REGS) CSP restructuring · UK phase done; France phase underway BILNBillington Holdings Yate closure, Barnsley consolidation · Consolidation done; Yate vacated, marketed for sale KIEKier Group Strategic priorities update · Priorities and medium-term targets published RBNRobinson Refreshed Group strategy and reorganisation · New functional structure largely complete KETLStrix Group Cost optimisation programme · On track to beat £2.0m target TRITrifast Malaysia manufacturing closure · Exit done; supports leaner operating model THRUThruvision Group Pricing and cost reset · Initial savings achieved early FY27 CFYNCaffyns New car performance turnaround · Actions to cut costs and lift orders under way FGPFirstGroup Business restructuring savings · c.£9m of £15m delivered GTLYGateley (Holdings) Margin improvement to 13.5% · Ambition kept; FY26 margin fell to 11.1% WPHOWindar Photonics Three-wave reset plan · Wave one under way LSLLSL Property Services Group-wide transformation programme · Launched, starting with Finance and Procurement PZCPZ Cussons St.Tropez turnaround · Retained; US recovering, UK/Europe still declining CSCChesterfield Special Cylinders Holdings plc Cost reduction and defence refocus · Board changes done; further savings targeted