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Interim Results

First Property Group PLC reported interim results for the six months ended 30 September 2025, showing a profit before tax of £1.48 million, an increase from £1.16 million in the prior year period. Net debt significantly decreased to £10.09 million from £19.55 million at the end of the previous financial year, supported by the sale of two properties generating approximately £4 million in cash. Net assets at market value rose to £56.47 million, with an adjusted NAV per share of 38.07p. Assets under management (AUM) decreased to £193 million from £220 million, while the weighted average unexpired fund management contract term extended to 4 years and 5 months. Disclaimer*

articleFirst Property Group PlcNovember 27, 20255/news/interim-results-523
Interim Results

About this update from First Property Group Plc

[{"type":"text","content":"\n\n\n\n\n\nDate:\n\n\n27 November 2025\n\n\n\n\nOn behalf of:\n\n\nFirst Property Group plc (\"First Property\" or the \"Group\" or the \"Company\")\n\n\n\n\nEmbargoed:\n\n\n0700hrs\n\n\n\n\n \nFirst Property Group plc\n \nInterim results for the six months to 30 September 2025                                                                              \n \nFirst Property Group plc (AIM: FPO), the award-winning property fund manager and investor with operations in the United Kingdom and Central Europe, today announces its interim results for the six months ended 30 September 2025.\n \nHighlights:\n·      Profit before tax: £1.48 million (30 September 2024: £1.16 million);\n·      Cash at 30 September 2025: £3.29 million (31 March 2025: £4.82 million);\n·      Group cash as at 31 October 2025 increased to circa £7 million following the sale of two directly held Group Properties which generated circa £4 million of cash;\n·      Net debt at 30 September 2025: £10.09 million (31 March 2025: £19.55 million);\n·      Net assets at market value at 30 September 2025: £56.47 million (31 March 2025: £52.99 million) representing an adjusted NAV per Share at 30 September 2025 of 38.07p (31 March 2025: 35.72p);\n·      Total AUM at 30 September 2025: £193 million (31 March 2025: £220 million);\n·      Weighted average unexpired fund management contract term at 30 September 2025: 4 years, 5 months (31 March 2025: 3 years, 4 months).\n \nFinancial summary:\n \n\n\n\n\n\n\n\nUnaudited\nsix months to\n30 Sep 2025\n\n\nUnaudited\nsix months to\n30 Sep 2024\n\n\nPercentage change\n\n\nAudited\nyear to\n31 Mar 2025\n\n\n\n\nIncome Statement:\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nStatutory profit before tax \n\n\n£1.48m\n\n\n£1.16m\n\n\n+27.6%\n\n\n£3.03m\n\n\n\n\...

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