UK's Newmark Security H1 interim revenue up 13% on growth in HCM unit

Reuters01-15

UK's Newmark Security H1 interim revenue up 13% on growth in HCM unit

Overview

Secure people-data solutions firm's interim revenue up 13% yr/yr
HCM revenue grew 20%, driven by North American market expansion
Company anticipates stronger H2 FY26 performance across divisions

Outlook

Company anticipates full-year profit ahead of FY25's £0.7 mln profit after tax
Newmark sees growth opportunities in FY27 from HCM strategy

Result Drivers

HCM GROWTH - Human Capital Management revenue increased by 20%, driven by North American market expansion and D2E strategy
SAFETELL RECOVERY - Safetell's service revenues grew 43%, aiding in the division's recovery despite restructuring
COST REDUCTION - Safetell reduced annualised salary costs by 15%, improving its financial position

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
H1 Revenue		GBP 11.55 mln
H1 Net Income		-GBP 72,000
H1 Gross Profit		GBP 4.56 mln
H1 Pretax Profit		-GBP 72,000

Press Release: ID:nRSO9496Oa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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