FRP Advisory Group (FRP) AGM 2026 summary

Opening remarks and agenda

• Meeting opened by the Non-Executive Chair, confirming quorum and introducing board members; housekeeping conducted.

• Attention drawn to the trading update released earlier that morning.

Financial performance review

• Revenue for the year to 30 April 2026 grew 16% to £177 million, with 10% organic growth.

• Adjusted underlying EBITDA increased 12% to £46 million; adjusted EPS up 11% to 11.92p.

• Net cash at year-end was £26 million.

• Team expanded by 99 to 894 employees (excluding consultants) as of 30 April 2026.

• Trading and activity levels in the new financial year started and continued positively.

Dividend announcements

• Total dividends for FY2026 rose 7% to 5.8p per share, marking six consecutive years of growth.

• Interim dividend for Q1 2027 declared at 1.05p per share, a 5% increase from Q1 2026.

• Final dividend of 2.80p per share for FY2026 proposed.

• Dividend to be paid on 18 December 2026 to shareholders on the register as of 20 November 2026.