Interim report
Page 1
LONDON -- ( BUSINESS WIRE ) -- 8 October 2026 Next 15 Group plc ( " Next 15 " or the " Group " ) Results for the six months ended 31 July 2026 A more focused group of high quality businesses returning to growth : Further simplification , Track 1 in growth , margins improving and current trading in line with full year expectations . Next 15 Group plc ( AIM : NFG ) today announces its interim results for the six months ended 31 July 2026 . Financial results for the six months to 31 July 2026 ( unaudited ) Six months endedSix months ended % change year 31 July 2026 31 July 20251 on year £ m £ m Adjusted results² LFL net revenue ( constant currency ) 216.4 219.3 ( 1.3 ) % Net revenue 214.9 230.8 ( 6.9 ) % Adjusted operating profit 32.1 32.7 ( 1.8 ) % Adjusted operating profit margin 14.9 % 14.2 % Adjusted profit before tax 30.2 30.9 ( 2.3 ) % Adjusted diluted earnings per share 20.7p 21.4p ( 3.3 ) % Net debt 57.3 45.3 26.5 % Statutory results Revenue 299.4 316.1 ( 5.3 ) % Operating profit 5.1 19.1 ( Loss ) / profit before tax ( 1.5 ) 15.8 Diluted ( loss ) / earnings per share ( 3.4 ) p 10.4p Total dividend per share 4.75p 4.75p Net cash ( outflow ) / inflow from operations ( 5.0 ) 5.6 ( 189.3 ) % ¹Prior year figures have been presented excluding Mach49 , which is separately reported as a discontinued operation , as previously announced . 2Adjusted results have been presented to provide additional information that may be useful to shareholders to understand the performance of the Group by facilitating comparability both year on year and with industry peers . Adjusted results are reconciled to statutory results within the appendix . Financial highlights • Net revenue of £ 214.9m ( H1 FY26 : £ 230.8m ) . On a like - for - like ( ‘ LFL ' ) basis at constant currency , this represents a decline of 1.3 % . • 。 Growth returning : the Group delivered three consecutive months of organic revenue growth ( June 26 – August 26 ) , the first sustained period of growth in three years . 。 Track 1 delivered LFL revenue growth of 1.8 % at an 18.4 % operating margin ( H1 FY26 : 17.9 % ) , led by Digital Transformation , up 26.8 % . Adjusted operating profit of £ 32.1m ( H1 FY26 : £ 32.7m ) , with operating margin improving to 14.9 % ( H1 FY26 : 14.2 % ) , reflecting disciplined cost management and the benefits of the simplification strategy . • The Group has been rationalised from 22 businesses to 10 , with headcount reduced by 5 % . • Statutory loss before tax of £ 1.5m principally due to ongoing litigation costs and acquisition accounting related costs .