Restore reports robust start to 2026

(Sharecast News) - Restore said on Tuesday that trading remained robust in the first four months of 2026, with revenue rising significantly as acquisitions made last year and organic growth supported performance.

The AIM-traded business services group, which provides secure and sustainable services for data, information, communications and assets, said organic revenue growth was particularly strong in digitisation, outbound communications and IT recycling.

Its core document storage business continued to benefit from "highly stable" revenues and earnings, while operating margins remained strong across each division and in line with plan.

During the period to 30 April, Restore completed three bolt-on acquisitions within its Datashred division for aggregate cash consideration of about £3.5m.

The acquisitions comprised Russell Richardson & Sons, Paper Shredding Services and the trade and assets of RDS Confidential Shredding.

Restore said it continued to review further bolt-on acquisition opportunities.

The company also said its £20m share buyback programme, announced in March, had been launched and was progressing to plan.

The board said it remained confident that Restore would deliver adjusted profit before tax for the full year in line with market expectations, and that the group was well positioned to achieve "significant sustained growth".

Restore said it would publish results for the six months ending 30 June on 28 July.

At 1247 BST, shares in Restore were down 0.26% at 268.3p.

Reporting by Josh White for Sharecast.com.

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