JTC PLC (JTCPF) on Tuesday reported a profit for the year ended December 31, 2025 compared with a loss last year.
Profit before tax was £8.35 million, compared with a loss before tax of £7.40 million in the previous year.
Operating profit rose to £39.07 million from £18.94 million a year earlier.
EBITDA or Earnings Before Interest, Taxes, Depreciation and Amortisation increased to £78.25 million from £49.06 million in the prior year.
Net income was £933,000 or 0.55p per share compared with a net loss of £7.26 million or 4.38p per share in 2024.
Excluding one-time items, underlying profit rose to £76.54 million or 45.55p per share from £68.26 million or 41.80p per share last year. Revenue rose to £381.95 million from £305.38 million in the previous year.
Additionally, the company said its £2.7 billion acquisition by Papilio Bidco Limited, is progressing as planned and is expected to complete in the third quarter of 2026.
JTC did not declare a final dividend due to the timing of its proposed acquisition by Papilio Bidco.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.