On Thursday, XPS Pensions plc (XPS.L) reported lower profit in fiscal 2026 due to the IFRS 3 accounting treatment of the Polaris contingent consideration, while adjusted profit grew from last year, driven by higher revenues.
Furthermore, the company raised dividend and stated that it is confident for further growth in the fiscal 2027 and beyond in line with the Board's expectations.
On the London Stock Exchange, the shares were trading 2.52 percent lower at 309.00 pence.
The company specialized in pensions reported profit before tax for 2026 of 38.71 million pounds, down from 40.75 million pounds in 2025.
Profit after tax for the period dropped to 26.56 million pounds, from 30.34 million pounds in the previous fiscal year.
Earnings per share decreased to 12.4 pence, from 13.8 pence a year ago.
Adjusted profit before tax, on the other hand, rose to 64.15 million pounds from 59.47 million pounds last year.
Adjusted profit after tax went up to 47.94 million pounds, from 45.11 million pounds in 2025. Adjusted earnings per share increased to 22.3 pence, from 20.6 pence the previous year.
Adjusted EBITDA climbed to 75.66 million pounds from 69.68 million pounds in the prior year.
Total revenue rose to 262.66 million pounds from 231.79 million pounds in the previous year.
Further, the Board of the company proposed a final dividend of 9.1 pence, higher than 8.2 pence last year, to be paid on September 21 to the shareholders on the register on August 21.
Total dividend per share for the year would be 13.2 pence, up 11 percent year-over-year.
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