FDM Group (Holdings) (FDM) Trading update summary

Outlook

• FY 2026 financial performance expected to be in line with expectations.

Trading performance

• Customer engagement momentum continued after the gentle pick-up noted at H1; consultants assigned to clients rose to 2,070 at 31 Oct 2026, from 2,042 at 30 Jun 2026 and 2,003 a year earlier.

• North American operations showed signs of more normalised hiring cycles; UK Public Sector and Retail-focused activities remained resilient, while other trading environments were mixed.

Financial position and dividend

• Cash was £31.9m at 31 Oct 2026, versus £31.1m at 30 Jun 2026 and £40.1m a year earlier; no debt.

• Interim dividend of 3.0p per share, totaling £3.3m, due for payment on 13 Nov 2026; prior-year dividend was 6.0p per share, totaling £6.6m.