Slide 1: Half year results
v 2026 Half year results Growth. Opportunity.
Slide 2: Group highlights
Group highlights • Recurring revenues and strong cash generation, underpinned by physical box storage in Information Management and predictable inflows from Datashred , providing strategic flexibility to pursue further value - accretive acquisitions and capital returns. • Good momentum in Informatio
Slide 3: Drivers of organic revenue growth
Drivers of organic revenue growth We have three business areas that are driving double digit organic revenue growth in H1 2026: 1. Our Information Management Digital Services business has been transformed and is winning significant contracts. We hold much undigitised data for our customers, are comf
Slide 4: Growth through accretive acquisitions
Growth through accretive acquisitions • FY2025 bolt - on acquisitions now fully integrated, and cost synergies being delivered • Synertec performing strongly in HY26 with double digit profit growth Information Management Datashred Outbound Physical Digital Services Communications Topwood NEC Softwar
Slide 5: Financial overview
Financial overview 5
Slide 6: Highlights
Highlights Summary results* Revenue mix • Revenue up 21% to £175.4m (HY25: £144.4m) 12% • Adjusted operating profit up 19% to £29.9m (HY25: £25.2m) 12% HY26 • Adjusted operating margin of 20.1%, up 50bps (HY25: 19.6%) £175.4m • Adjusted PBT up 23% to £22.3m (HY25: £18.1m) 76% • Adjusted basic EPS up
Slide 7: Divisional performance
Divisional performance Information Management • Resilient physical storage activity with a broadly stable number of boxes stored. • Digital Services and Outbound Communications growing strongly. • Property consolidation strategy is now in its final phase and will be complete by H1 2027. • The first
Slide 8: Adjusted PBT up 23% to £22.3m
Adjusted PBT up 23% to £22.3m Information Management Datashred Technology Head Office 2.0 4.2 1.2 0.1 22.3 1.3 (3.5) (1.2) 18.1 HY25 Organic growth Acquisitions Cost inflation Net Acquisitions & Organic Net HY26 (including pricing) (net of property paper cost savings growth interest & consolidation
Slide 9: Divisions – Information Management
Divisions – Information Management HY26 HY25 Change Revenue (£m) 133.9 106.5 26% Adjusting operating profit* (£m) 28.2 25.5 11% Revenue (excluding postage costs)* (£m) 107.6 90.6 19% Adjusted operating margin* (%) 26.2% 28.1% (190bps) KPIs Boxes under management (m) 22 22 - Scanned image volume (m)
Slide 10: Property consolidation programme
Property consolidation programme • After people, property is the Group’s second largest cost, and our properties are key enablers of efficiency. • We are now in the final phase of the programme and our previously announced new sites are substantially full (c.104,000 sq.ft. facility in Markham Vale a
Slide 11: Property consolidation programme deep dive
Property consolidation programme deep dive FY24 FY25 FY26 FY27 Total Number of boxes moved 0.9m 1.8m c.1.0m c.0.3m c.4m boxes moved Midlands x 2 North - East x 2 North - East x 1 20 warehouses Property exits South - East x 4 South - East x 2 South x 2 South - East x 1 Yorkshire x 3 South - West x 3
Slide 12: Divisions – Datashred
Divisions – Datashred HY26 HY25 Change Revenue (£m) 20.8 20.2 3% Adjusting operating profit* (£m) 2.2 2.1 5% Adjusted operating margin* (%) 10.6% 10.4% 20bps KPIs Tonnes of paper recycled (k) 30 29 3% Staff 340 363 (6%) Sites 10 12 (2) • Resilient service revenue performance, with seven acquisitions
Slide 13: Divisions – Technology
Divisions – Technology HY26 HY25 Change Revenue (£m) 20.7 17.7 17% Adjusting operating profit* (£m) 2.4 1.2 100% Adjusted operating margin* (%) 11.6% 6.8% 480bps KPIs Assets processed (m) 0.4 0.3 33% Staff 319 315 1% Sites 6 6 - • Technology continues its strong recovery, with revenue growth of 17%
Slide 14: Adjusting items
Adjusting items HY26 HY25 £m £m • Amortisation - increase year - on - year driven mainly by new intangible assets arising from business Amortisation 8.5 6.7 combinations Acquisition and related costs 3.8 3.2 • Acquisition costs Restructuring and redundancy costs - 1.4 Property related costs 2.6 1.0
Slide 15: Cash generation continues to be strong
Cash generation continues to be strong HY26 HY25 Variance Continuing operations £m £m £m Free cashflow * 21.3 20.6 0.7 • Free cashflow* of £21.3m, up 3% from HY25 , Net operating profit after tax 22.4 18.9 3.5 supported by strong cash conversion of 95%. Cash conversion (%) * 95% 109% (14%) • Acquisi
Slide 16: Capital allocation priorities
Capital allocation priorities 1 2 Invest for growth Deliver shareholder returns Invest in the business Target value accretive Maintain a progressive Return of surplus capital where it accelerates acquisitions in our core dividend policy, with to shareholders through progress and will deliver busines
Slide 17: Outlook
Outlook 17
Slide 18: Business outlook
Business outlook • Operating margin continues to be a focus area. • Strength of the physical storage business within Information Management continues to underpin Group profits and cashflow. • The three growth areas of Information Management Digital Services & Outbound Communications and Technology a
Slide 19: Growth. Opportunity.
Growth. Opportunity. • Restore’s businesses are now being managed well and represent a platform for further organic and inorganic growth. • The Group has shown strong growth in all key metrics and delivered another strong financial and operational performance. • Continued focus on adjusted operating
Slide 20: Appendices
Appendices 20
Slide 21: Glossary
Glossary Term Definition & calculation Adjusted operating profit Calculated as statutory operating profit before adjusting items Adjusted operating margin Calculated as adjusted operating profit divided by revenue, excluding Synertec postage costs Net operating profit after tax Calculated as adjuste
Slide 22: For more information please visit: www.restoreplc.com
For more information please visit: www.restoreplc.com 2 nd Floor 7 - 10 Chandos Street, London, W1G 9DQ T: 020 7409 2420 E: info@restoreplc.com 22