Professional services consultancy Begbies Traynor is expecting double digit revenue and EBITDA growth for the year ending 30 April 2025.
The Preston headquartered group say that revenue is expected to increase by around 12 per cent to £153m from £136.7m.
Adjusted EBITDA is also expected to rise by 10 per cent to £31.3m from £28.5m.
Then the adjusted PBT expected to increase by around seven per cent to £23.5m from £22m.
The group says it has invested in senior hires to accelerate longer-term growth.
The expansion of the team across forensics, debt advisory, restructuring and financial advisory, which positions the team well for further growth.
There has been a nine increase in divisional headcount to 798 at 30 April 2025.
Ric Traynor, executive chairman of Begbies Traynor Group, said: “The group has delivered double digit revenue and EBITDA growth, ahead of consensus expectations, marking its tenth successive year of profit growth.
"This reflects strong demand across the breadth of the group’s services - from insolvency through to complex restructuring and our broad range of complementary financial and real estate advisory services.
“Recent momentum in recruitment for senior roles, together with visibility of fees on current instructions, underpins our confidence in continued organic growth, which we expect to supplement by executing on an encouraging pipeline of acquisitions, enabled by our strong cash generation and balance sheet.”
Begbies Traynor launched in Preston in 1993 when its founders opened the office in Winckley Court. Then known as Buchler Phillips Traynor, the team was headed up by Ric Traynor and Andrew Dick.
The group will report its final results for the year ended 30 April 2025 on Tuesday 8 July 2025.
Enjoyed this? Read more from Rob Kelly