Foresight Group (FSG) Q4 2026 TU earnings summary

Executive summary

• Achieved profitable and resilient growth in FY26, driven by record fundraising and strong performance in long-duration products.

• Maintained high revenue visibility and earnings resilience despite volatile market conditions.

• Continued focus on energy transition and infrastructure investment, with FEIP II deployment underway.

Financial highlights

• AUM increased by 6% to £14.0 billion and FUM by 4% to £10.0 billion year-over-year.

• Record annual fundraising of £630 million in higher margin retail vehicles, up 7% year-over-year.

• FY26 core EBITDA pre-SBP expected in line with market expectations (£65.2m–£70.2m; FY25: £62.2m).

• Strong realisations in Australia contributed material performance fees and decreased AUM by £250 million.

Outlook and guidance

• Committed to doubling FY24 core EBITDA pre-SBP, though slower institutional fundraising may persist due to geopolitical and macroeconomic volatility.

• Confident in reaching total fundraising targets, supported by FEIP II and ongoing maturation of FEIP I track record.

• Full year results to be released on 29 June 2026.