Foresight Group Holdings Limited (FSG.L), an investment management company, Thursday reported profit before tax of 34.31 million pounds for the full year, higher than 27.32 million pounds in the previous year, primarily helped by growth in revenue.
Excluding one-time items, underlying profit before tax increased to 46.05 million pounds from 42.6 million pounds last year.
Operating profit grew to 33.08 million pounds from 26.62 million pounds.
Net profit rose to 26.43 million pounds or 22.2 pence share from 23.63 million pounds or 20.7 pence per share a year ago.
Underlying profit was 38.18 million pounds or 32.1 pence per share, compared with 38.90 million pounds or 34 pence per share a year ago.
Core earnings before interest, taxes, depreciation, and amortization or core EBITDA pre share-based payments increased to 59.30 million pounds from 50.16 million pounds last year.
Revenue for the year increased 19 percent to 141.33 million pounds from 119.16 million pounds in the previous year.
Assets under management as on March 31, 2024 was 12.1 billion pounds, slightly lower than 12.2 billion pounds a year ago. Funds under management declined to 8.4 billion pounds from 9 billion pounds.
The Board has recommended a final dividend of 15.5 pence per share, to be paid on October 4 to shareholders of record on September 19.
Looking ahead, the Group is updating its outlook for core EBITDA pre-SBP to double over the next 5 years.
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.