7th Oct 2025 13:45
(Alliance News) - SpaceandPeople PLC on Tuesday backed its annual outlook, and said it sees further revenue and earnings growth in 2026, sending its shares higher.
Shares in Glasgow-based promotional and short-term retail space provider rose 12% to 230.00 pence on Tuesday afternoon in London.
Back in July, SpaceandPeople said it expects full-year revenue for 2025 of GBP8.3 million and pretax profit of GBP500,000. These figures are up on-year from GBP6.7 million and GBP225,000 respectively.
The company also guided further growth for 2026, with it expecting a 6.0% advance to GBP8.8 million for revenue.
SpaceandPeople added that borrowing costs will decrease owing to the recent repayment of the remaining term loan. As such, it sees pretax profit for 2026 improving to GBP750,000, equating to a pretax profit margin improvement to over 8.5% from 6.0% in 2025, the company said.
By Christopher Ward, Alliance News reporter
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