Begbies Traynor experienced a nearly twofold increase in pre-tax profits, reaching £11.5 million for the year ending April 2025. Revenue grew by 12% to £153.7 million, marking the tenth consecutive year of profit growth. The business recovery division, accounting for over half of revenue, was bolstered by significant insolvency cases. Revenue from this division rose by 5% to £83.7 million, while the advisory division saw a 40% increase to £23.6 million. The firm initiated an 8% dividend increase and announced a new share buyback program.
The firm's business recovery division accounted for more than half of total revenue and benefited from several large, complex insolvency appointments, including significant clients.
Despite a year-on-year decline in total corporate insolvencies, the shift towards fewer but more substantial cases reflects a changing landscape in the insolvency sector.
The company's advisory division experienced a 40% increase in revenue due to a strong pipeline of restructuring work and higher fees from mergers and acquisitions.
Begbies Traynor posted a near doubling of pre-tax profits, experiencing revenue growth driven by strong demand for advisory services across the UK.
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