Business
Trading update
Restore plc has reported robust trading for the four months ended 30 April 2026, with revenues increasing significantly due to acquisitions and strong organic growth in digitisation, outbound communications, and IT recycling, while document storage remains stable. The company completed three bolt-on acquisitions in its Datashred division for approximately £3.5m and has launched its £20m share buyback programme as planned. The Board is confident that Restore will deliver adjusted profit before tax in line with market expectations for the full year and is well-positioned for sustained growth. Disclaimer*
About this update from Restore Plc
12 May 2026 Restore plc ("Restore" or the "Group" or the "Company") Trading update Restore plc (AIM:RST), the UK's leading provider of secure and sustainable business services for data, information, communications and assets, provides the following trading update for the four months ended 30 April 2026 (the "Period"), ahead of its Annual General Meeting to be held later today. During the Period, trading remained robust. As expected, revenues increased significantly, reflecting both the contribution from acquisitions completed during the prior year and organic growth. Organic revenue growth was particularly strong across digitisation, outbound communications and IT recycling, while the Group's core document storage business continued to benefit from the highly stable revenues and earnings. Operating margins remained strong across each division and in line with our plans. During the Period, the Group completed three bolt-on acquisitions within its Datashred division for an aggregate cash consideration of approximately £3.5m. These comprised Russell Richardson & Sons Limited, Paper Shredding Services Limited and the trade and assets of RDS Confidential Shredding Limited. The Group continues to review a number of further bolt-on acquisition opportunities. The £20m share buyback programme announced in March 2026 has been launched and is progressing to plan. The Board remains confident that the Group will deliver adjusted profit before tax for the full year in line with market expectations and remains well positioned to achieve significant sustained growth. Restore will publish its results for the six months ended 30 June 2026 on Tuesday 28 July 2026. Cautionary Statement: This announcement contains certain statements, statistics and projections that are or may be forward-looking. The accuracy and completeness of all such statements, including, without limitation, statements regarding the future financial position, strategy, projected costs, plans and objectives for the management of future operations of Restore and its subsidiaries is not warranted or guaranteed. These statements typically contain words such as 'intends', 'expects', 'anticipated', 'estimates' and words of similar import. By their nature, forward-looking statements involve risk and uncertainty because they relate to ...