BROOKS MACDONALD GROUP PLC - Full Year Results

BROOKS MACDONALD GROUP PLC delivered strong strategic and financial progress in FY26, returning to positive net flows and achieving record funds under management and advice (FUMA) of £21.7 billion, up 14%. Net inflows reached £226 million, representing an improvement of more than £600 million year-on-year, while revenue increased 6% and underlying costs fell 3% on a like-for-like basis. Underlying profit before tax was £29 million, with underlying EPS up 6%, while the total dividend increased 2.5% to 83p per share. Platform MPS was a standout performer, with funds up 35% and more than £900 million of net inflows, while BPS funds grew 9%. Brooks Financial also continued to strengthen, delivering 10% like-for-like revenue growth, £1.3 million of integration synergies and now representing 25% of Group revenue. The company’s growth strategy remains focused on expanding distribution across the UK IFA market, targeting nationals and networks, strategic partnerships and new-model advisers, alongside continued investment in AI, digital capabilities and automation. With the bulk of its transformation investment now complete, management expects greater operating leverage and remains focused on its medium-term targets of 5% annualised net inflows and BAU cost growth below 5%. Strong investment performance, an increasingly scalable operating model and continued momentum across BPS, MPS and financial planning underpin management’s expectation that FY27 performance will be marginally ahead of current consensus.