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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
FW Thorpe
FW Thorpe (TFW) investor relations material
FW Thorpe H2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2026 earnings summary1 Oct, 2026
Executive summary
FY2026 revenue was £172.9m, down 1.3% YoY; operating profit was £31.8m, down 0.8%, while basic EPS rose 9.4% to 23.72p.
Standout performances came from Zemper, Famostar and Solite; Lightronics and SchahlLED delivered disappointing results, with action plans in progress.
Continued investment in growth and sustainability accompanies a cautious near-term outlook, including an expected first quarter below FY2025/26.
Financial highlights
Revenue £172.9m, down 1.3% YoY; operating profit £31.8m, down 0.8% YoY.
Basic EPS 23.72p, up 9.4% YoY; dividend per share 7.341p, up 3.1%.
Scope 1, 2 and 3 market-based emissions were 170,645 tCO₂e, down 8.7% YoY.
24 consecutive years of increased dividends.
Outlook and guidance
First quarter expected to be below FY2025/26, while investment for growth continues.
Thorlux had a slower start and continued investment is planned, targeted by sector and territory; SmartScan Gen 3 is due to launch.
Zemper reported a solid start; TRT and Portland are expected to continue growing.
Synergy projects are expected to deliver minimal benefits this year; material costs remain under pressure.
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Latest events from FW Thorpe
- Revenue dipped 2.4% but profit before tax and dividends grew, led by strong segment results.TFW
H1 2026 - Operating profit up 4.7% to £32.1m, with strong UK and Spanish growth offsetting Dutch and German declines.TFWH2 2025
- Operating profit up 10.1% to £30.6m, with strong cash, higher dividends, and validated net-zero targets.TFWH2 2024
- Modest profit growth and strong cash flow support higher dividend and ongoing investment.TFWH1 2025
Next FW Thorpe earnings date
H1 202712 Mar, 2027
FW Thorpe
Next FW Thorpe earnings date
H1 202712 Mar, 2027
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Frequently asked questions
FW Thorpe Plc is a United Kingdom-based company engaged in the design and manufacture of professional lighting systems. The company's comprehensive product range includes recessed, surface, and suspended luminaires, emergency and hazardous area lighting, as well as lighting controls, and road and tunnel lighting solutions. FW Thorpe operates through several business segments including Philip Payne Limited, Solite Europe Limited, Portland Lighting Limited, and others, catering to a diverse set of sectors such as commercial, industrial, education, healthcare, and retail among others. The company is headquartered in Redditch, Worcestershire, and its shares are listed on the London Stock Exchange.