10th year of growth for Begbies Traynor

Begbies Traynor Group has announced its final results for the year ended 30 April 2025, reporting its tenth successive year of growth with double digit increases in revenue and EBITDA.

The financial and real estate advisory firm has reported that revenues grew by 12 per cent and stood at £153.7m up from £136.7m in 2024.

The Preston headquartered group also had a pre-tax profit of £11.5m up from £5.8m.

The board is recommending a proposed eight per cent increase in dividend for the year to 4.3p which represents the eighth consecutive year of dividend growth.

It reflects board’s confidence in the business and its prospects and progressive dividend policy. 

The group say it expects positive momentum to drive revenue growth across the group in the current year.

In the statement, it said: "The business remains highly cash generative, with a marked increase in free cash flow in the year to £19.4m (2024: £12.4m).

"We ended the year with net cash of £0.9m (2024: net debt of £1.4m), having made acquisition and earn out payments of £9.4m, funded £1.6m of share buybacks and paid dividends of £6.3m."

Ric Traynor, executive chairman of Begbies Traynor Group, said: “I am pleased to report a further successful year for the group, representing ten consecutive years of profitable growth, during which we have tripled the size of the business with a six-fold increase in adjusted profit before tax.

"Our results are ahead of original market consensus expectations in terms of revenue, EBITDA and net cash, having been driven by strong levels of organic growth delivered across our broad range of advisory services in both divisions. 

“We have started the new year confident of a further year of profit growth, in line with market expectations.

"Activity levels in all our service lines are encouraging with positive momentum across the group, driven by the increase in scale of our professional teams, together with the visibility of fees on current instructions and supportive market conditions.

 “Overall, our broad range of advisory services, diversified client base and growth opportunities, underpinned by our robust financial position, gives us confidence in continuing our track record of growth in the new financial year and beyond, progressing towards our medium-term revenue target of £200m.”