15th May 2026 13:28
DSW Capital PLC - Warrington, England-based professional services provider via the Dow Schofield Watts and DR Solicitors brands - Guides network revenue for the financial year ended March 31 in line with revised expectations at GBP22.8 million, down from GBP25.8 million achieved in financial 2025. Also sees total income from licencees landing in line with revised expectations at GBP6.3 million, up from GBP5.0 million a year prior. Adjusted earnings before interest, tax, depreciation and amortisation is expected to be in line with revised market expectations at around GBP1.6 million, with adjusted pretax profit expected at around GBP1.4 million. For financial 2025, adjusted Ebitda was GBP1.8 million and adjusted pretax profit was GBP1.4 million. Expects to report its full-year results on July 28.
"Whilst it is frustrating that the robust performance achieved in the early stages of FY26 stalled in the second half, the Board's strategic aim continues to focus on growing the business and building a resilient and diversified group of licensee businesses. The acquisition of DR Solicitors and its subsequent growth, reducing the Group's dependency on M&A activity significantly, demonstrates this strategy in action, with M&A in FY26 accounting for 34% of Total Income, down from 57% in FY25," says Chief Executive Shru Morris.
Current stock price: 47.00 pence, up 4.4% on Friday in London
12-month change: down 22%
By Christopher Ward, Alliance News reporter
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