Peel Hunt Limited Interim Results

2025-12-01 · Stocks · QuoteReporter

The stocks discussed are traded on the London Stock Exchange (LSE). On December 1, 2025, Peel Hunt Limited announced its interim results for the six months ended September 30, 2025 (H1 FY26), highlighting a robust financial performance amidst challenging market conditions.

For H1 FY26, Peel Hunt reported a significant increase in group revenue, reaching £74.4 million, up 38.3% from £53.8 million in H1 FY25. This revenue growth was driven by strong performances across various divisions, particularly in Investment Banking and Execution Services. The company achieved a profit before tax of £11.5 million, a remarkable increase of 858.3% compared to £1.2 million in the same period last year. Adjusted profit before tax, which excludes share-based payment charges and exceptional items, also saw substantial growth, rising to £18.7 million from £4.6 million, marking a 306.5% year-on-year increase.

The profit after tax for the period was reported at £8.3 million, a significant jump of 1,085.7% from £0.7 million in H1 FY25. The company’s compensation ratio improved to 57.9%, down from 61.2% in the prior year, reflecting a more efficient cost structure.

Peel Hunt’s net assets increased to £100.7 million from £88.7 million in FY25, demonstrating a healthy balance sheet. However, cash balances decreased to £13.6 million from £20.4 million, primarily due to debt repayment and increased investments in the trading book. The company reported a reduction in headcount of over 15% from its peak in FY23, contributing to a leaner operational model with underlying fixed costs down by approximately £5 million for FY26.

In terms of divisional performance, Investment Banking revenue rose by 45.6% to £32.9 million, driven by a strong equity capital markets (ECM) business and exceptional performance in M&A advisory services. The firm ranked third in the UK public M&A league tables, reflecting its strategic focus on mid-cap and growth companies. Execution Services also performed well, with revenue increasing by 56.8% to £27.6 million, marking its best half-year performance since the Covid lockdown.

Looking ahead, Peel Hunt’s CEO, Steven Fine, expressed confidence in the company’s ability to meet market expectations for the full financial year, citing a strong start to the second half of FY26 and continued involvement in significant M&A and ECM mandates.

Overall, Peel Hunt Limited’s interim results for H1 FY26 showcase a strong financial turnaround, driven by strategic initiatives and a focus on sustainable profitability, positioning the company well for future growth in the competitive investment banking landscape.

Original Announcement

Title: Interim Results
Date: 2025-12-01
Source: London Stock Exchange