Amcomri (AMCO) Trading update summary

Financial performance and trading update

• FY25 revenues expected at approximately £70.9 million, a 22% increase from the prior year.

• Adjusted EBITDA projected to exceed £9 million, up 17% year-on-year and ahead of market expectations.

• Growth driven by strong demand in core markets, especially Embedded Engineering, and contributions from recent acquisitions.

• Defence and civilian aerospace sectors showed robust demand, supporting overall performance.

• FY26 has started in line with expectations, maintaining positive momentum.

Strategic developments and acquisitions

• Two earnings-accretive acquisitions completed in FY25: EMC Elite Engineering Services and Randor Technologies (Electronix Services).

• Acquisitions are expected to deliver operational synergies, expand technical services, and open new markets.

• Strong and active acquisition pipeline continues into FY26, supporting ongoing growth strategy.

• Mark O'Neill promoted to COO, continuing to lead acquisition strategy.

Divisional and operational highlights

• Embedded Engineering Division provides specialist services for complex, mission-critical assets in industrial and infrastructure sectors.

• B2B Manufacturing Division targets niche markets with potential for enhanced financial performance.

• Group operates across diverse sectors, leveraging a "Buy, Improve, Build" strategy.

• Track record of 18 successful acquisitions, focusing on owner-manager retirement situations.