Begbies Regulatory News (BEG)

18 September 2025

Begbies Traynor Group plc

AGM Statement

Trading Update

Begbies Traynor Group plc ("the group"), the financial and real estate advisory firm, is today holding its Annual General Meeting. Ric Traynor, Executive Chairman, will make the following statement:

"The last financial year was a further successful one for the group, in which we continued to execute our proven growth strategy which has delivered ten consecutive years of profitable growth. The results for the year, which were ahead of original market consensus expectations in terms of revenue, EBITDA and net cash, were driven by strong levels of organic growth delivered across our broad range of advisory services in both divisions.

The business remained highly cash generative, with a marked increase in free cash flow in the year, which enabled us to propose an 8% increase in the total dividend, representing our eighth consecutive year of dividend growth.

Our strategy of investing in organic development and earnings enhancing M&A has resulted in a diversified and resilient business. In ten years we have tripled the size of the business with a six-fold increase in adjusted profit before tax. Building on this track record, we continue to make good progress towards our medium-term revenue target of £200m.

We have made a good start to the new financial year with encouraging activity levels and positive momentum across the group. We have continued to invest in organic development, through the recruitment of additional senior fee earners over the last eighteen months, the full benefit of which is expected to deliver growth in the second half of the financial year and thereafter. Results for the first quarter to 31 July 2025 were in line with our expectations, and overall, we are confident of delivering market expectations* for the full year.

Our robust balance sheet and cash generation underpin our capacity to continue to invest in organic growth initiatives whilst progressing our pipeline of acquisitions. In summary, our broad range of advisory services, diversified client base and multiple growth opportunities, gives us confidence of continuing our track record of growth in the new financial year and beyond.

We will next update on current trading at the time of our half year results, which we expect to publish in December 2025."

* market expectations (as compiled by the group): revenue of £163m - £164m, adjusted PBT of £23.7m-£24.9m.

- ENDS -

Enquiries please contact:

Begbies Traynor Group PLC 0161 837 1700

Ric Traynor - Executive Chairman

Nick Taylor - Group Finance Director

Canaccord Genuity Limited 020 7523 8350

(Nominated Adviser and Joint Broker)

Adam James / Harry Pardoe

Shore Capital 020 7408 4090

(Joint Broker)

Malachy McEntyre / Mark Percy / Anita Ghanekar / James Thomas

MHP Communications 07770 753 544

Reg Hoare / Katie Hunt / Charles Hirst begbies@mhpgroup.com

Further information on Begbies Traynor Group can be accessed via the group's website at www.ir.begbies-traynorgroup.com.