Empresaria Group Plc · LSE:EMR
Empresaria — H1 2026 Earnings Presentation
16 slides from Empresaria's earnings presentation, Aug 26, 2026
Slide 1: Investor presentation: 2026 half year results
Investor presentation 2026 half year results 26 August 2026 Nigel Marsh Spencer Wreford Chief Executive Officer Chief Financial Officer
Slide 2: Overview of half year performance
Overview of half year performance • Business has stabilised following the board changes in October 2025 • Net fee income growth of 5% during the half year, representing the first half-year growth for the Group since 2022 • Growth of 10% year-on-year (CC LFL) • Growth of 7% excluding Skillhouse, foll
Slide 3: Financial review
Empresaria Financial review
Slide 4: Summary income statement
Summary income statement % change H1 2026 H1 2025 % change (CC LFL3) Revenue £117.7m £117.8m - 1% Net fee income £24.5m £23.4m 5% 10% 1 Adjusted operating profit £4.0m £1.7m 135% 198% Operating profit £3.9m £0.9m 333% 1 Adjusted profit before tax £3.2m £0.9m 256% Profit before tax £3.1m £0.1m 2 Adju
Slide 5: Net debt
Net debt 30-Jun-26 30-Jun-25 31-Dec-25 £m £m £m Cash and cash equivalents 15.1 15.6 17.6 Borrowings (32.1) (31.7) (34.7) Net debt (17.0) (16.1) (17.1) • Net debt as at 30 June was stable at £17.0m, an improvement of £0.1m on the prior year end position, despite adverse foreign exchange impact of £0.
Slide 6: Operating review
Empresaria Operating review
Slide 7: Global workforce solutions
Global workforce solutions £m 6 months 6 months Year YOY % ended ended ended YOY % change (CC 30-Jun 30-Jun 31-Dec change LFL) 2026 2025 2025 Revenue 15.7 13.8 28.8 14% 28% Net fee income 8.1 6.4 13.8 26% 41% Adjusted operating profit 4.5 3.2 7.0 41% 58% % of Group net fee income 33% 27% 29% Provisi
Slide 8: Operational outsourcing
Operational outsourcing £m 6 months 6 months Year YOY % ended ended ended YOY % change (CC 30-Jun 30-Jun 31-Dec change LFL) 2026 2025 2025 Revenue 66.7 66.2 132.4 1% (2%) Net fee income 8.4 7.4 14.4 13% 9% Adjusted operating profit 1.9 1.2 2.2 58% 51% % of Group net fee income 34% 32% 30% Provision
Slide 9: Specialist recruitment
Specialist recruitment £m 6 months 6 months Year YOY % ended ended ended YOY % change (CC 30-Jun 30-Jun 31-Dec change LFL) 2026 2025 2025 Revenue 36.0 38.2 78.9 (6%) (1%) Net fee income 8.7 10.0 20.2 (13%) (7%) Adjusted operating profit/(loss) 0.2 (0.3) - % of Group net fee income 35% 43% 43% Provis
Slide 10: Summary & outlook
Summary & outlook • Business has stabilised following the board changes in October 2025, with a good response from staff across the Group • Strong growth in the first half of the year with net fee income up 5% and adjusted profit before tax up approximately 250% • Continuing focus on cost discipline
Slide 11: Empresaria
Empresaria
Slide 12: Cautionary Statement
Cautionary Statement The information contained in this document (“Presentation”) and the presentation made to you verbally has been prepared by Empresaria Group Plc (the “Company”). Empresaria Group Plc is a UK company quoted on AIM, a market operated by London Stock Exchange plc. This Presentation
Slide 13: Appendices
Appendices Empresaria
Slide 14: Income Statement (unaudited)
Income Statement (unaudited) H1 2026 H1 2025 £m £m Revenue 117.7 117.8 Cost of sales (93.2) (94.4) Net fee income 24.5 23.4 Administrative costs (20.5) (21.7) Adjusted operating profit 4.0 1.7 Exceptional items (0.5) (0.3) Profit on sale of subsidiary 0.7 - Amortisation of intangible assets identifi
Slide 15: Balance Sheet (unaudited)
Balance Sheet (unaudited) 30-Jun-26 30-Jun-25 £m £m Non-current assets Fixed assets (inc leased assets) 6.0 5.4 Goodwill & intangibles 24.6 31.6 Deferred consideration 0.2 - Deferred tax assets 3.4 4.3 34.2 41.3 Current assets Trade and other receivables 40.9 39.8 Deferred consideration 0.2 - Cash a
Slide 16: Cashflow (unaudited)
Cashflow (unaudited) H1 2026 H1 2025 £m £m Profit/(loss) for the period 1.2 (0.6) Adjustments 5.5 5.4 (Increase)/decrease in trade and other receivables (1.8) (0.4) Increase in trade and other payables 0.5 1.7 Cash generated from operations 5.4 6.1 Finance costs paid (1.1) (1.2) Income taxes paid (1