Overview
Secure people-data solutions firm's interim revenue up 13% yr/yr
HCM revenue grew 20%, driven by North American market expansion
Company anticipates stronger H2 FY26 performance across divisions
Outlook
Company anticipates full-year profit ahead of FY25's £0.7 mln profit after tax
Newmark sees growth opportunities in FY27 from HCM strategy
Result Drivers
HCM GROWTH - Human Capital Management revenue increased by 20%, driven by North American market expansion and D2E strategy
SAFETELL RECOVERY - Safetell's service revenues grew 43%, aiding in the division's recovery despite restructuring
COST REDUCTION - Safetell reduced annualised salary costs by 15%, improving its financial position
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue | GBP 11.55 mln | ||
H1 Net Income | -GBP 72,000 | ||
H1 Gross Profit | GBP 4.56 mln | ||
H1 Pretax Profit | -GBP 72,000 |
Press Release: ID:nRSO9496Oa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)