Earnings release
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The information contained within this announcement is deemed by the Group to constitute inside information as stipulated under the UK version of the EU Market Abuse Regulation (2014/596) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended and supplemented from time to time. 29 January 2026 Empresaria Group plc ("Empresaria" or the "Group") Trading Update and Notice of Results Adjusted profit before tax expected to be slightly ahead of market expectations despite ongoing difficult trading conditions. Empresaria (AIM: EMR), the international specialist staffing group, provides an unaudited trading update for the financial year ended 31 December 2025 ahead of announcing its full year results on 24 April 2026. Trading update · Adjusted profit before tax expected to be slightly ahead of market expectations · Net fee income unchanged (CC LFL)* (reported figure down 6% to £47.3m) o Very strong net fee income growth of 16% (CC LFL) in Offshore Serviceso Reductions in net fee income across other regions except for the US which delivered growth of 23% (CC LFL)o Temporary and contract net fee income reduced by 4% (CC LFL)o Permanent placement continues to be challenging with net fee income reduced by 9% (CC LFL) Unaudited net fee income by operation for the year ended 31 December 2025 was as follows: £m 2025 2024 % change % change (CC LFL)* UK 3.9 4.4 -11% -11% US 2.7 2.3 17% 23% Offshore Services 13.8 12.7 9% 16% Non-Core** 27.9 32.2 -13% -8% Central and intragroup (1.0) (1.2) Total 47.3 50.4 -6% 0% * CC LFL - Constant currency like for like and excluding exited operations. Calculated by translating the 2024 results at the 2025 exchange rates and excluding the results of operations exited in 2024. ** Non-Core operations represent the operating companies identified by the former Board for potential disposal and reported as such during 2025. The current Board do not intend to follow this strategy and will revert to reporting by the following market regions in 2026: UK & Europe, APAC, Americas, and Offshore Services. Financing Net debt (excluding lease liabilities) increased in line with market expectations to £17.1m at 31 December 2025 (31 December 2024: £15.3m). Headroom, excluding invoice financing facilities, was £5.4m at 31 December 2025. Given the ongoing trading environment, and the increased net debt position, the Board will not be recommending the payment of a final dividend for the year ended 31 December 2025 (31 December 2024: £nil). Joost Kreulen, Chair of Empresaria, commented: "Challenging market conditions have continued to persist throughout 2025 with little indication of improvement in the short term other than in our Offshore Services business. Notwithstanding the broader challenging environment, we are pleased to deliver an adjusted PBT slightly ahead of market expectations. Our review of the Group's operations continues, and we have made good progress in stabilising both financial control and our operating companies. We are committed to supporting all our operations and to ensuring that the Group is well positioned to benefit when the markets begin to recover."
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- Ends - Enquiries: Empresaria Group plc Joost Kreulen, Chair James Chapman, General Counsel & Company Secretary via Alma PR Allenby Capital Limited (Nominated Adviser and Broker) Nick Naylor / Vivek Bhardwaj (Corporate finance) Tony Quirke (Equity sales) / Ian Jermin (Research) 020 3328 5656 Alma Strategic Communications (Financial PR) Sam Modlin / Rebecca Sanders-Hewett / Will Merison 020 3405 0205 empresaria@almastrategic.com