Brooks Macdonald Group (BRK) investor relations material

Executive summary

• Achieved record funds under management and advice (FUMA) of £21.7bn, up 14% year-over-year, with three consecutive quarters of positive net flows and a £600m improvement in net flows versus FY 2025.

• Revenue grew 6% year-over-year to £118.1m, with underlying profit before tax of £29m and EPS up 6% to 137.9p.

• Strategic investments in digital, AI, and people modernized the business, improved client service, and drove operational efficiency.

• Brooks Financial, now 25% of group revenue, was successfully integrated, delivering 10% like-for-like revenue growth and cost synergies above target.

• Completed a major phase of business transformation, enhancing growth capacity, efficiency, and customer service.

Financial highlights

• Total FUMA increased 14% to £21.7bn; FUM up 17% to £19.3bn, with market performance contributing £2.5bn.

• Net inflows of £226m, first positive net flows since 2023; platform MPS net inflows over £900m, annualized growth rate 15%.

• Revenue up 6% to £118.1m, with MPS revenue up 16% and financial planning revenue up 10% like-for-like.

• Underlying costs rose to £90.3m from £85.2m, but a 3% like-for-like reduction was achieved through efficiency actions and synergies.

• Final dividend of £0.52/share, total dividend £0.83/share, up 2.5%.

Outlook and guidance

• Entered FY 2027 with record FUMA and positive momentum; expect revenue trends in fee income and financial planning to continue.

• Medium-term targets: annualized net inflows of >5% and BAU cost growth below 5%.

• FY 2027 performance anticipated to be marginally ahead of current consensus.

• Organic investment in FY 2027 expected to reduce to high single-digit millions.

• Progressive dividend policy maintained, with a final 2026 dividend of c£8.1m payable in November.