XPS Pensions shares fall despite another year of revenue growth

18th Jun 2026 08:13

(Sharecast News) - XPS Pensions reported its fourth consecutive year of double-digit revenue growth on Thursday, with full-year revenue rising 13% to £262.7m, supported by strong demand across advisory, administration and self-invested pensions.

The FTSE 250 pensions consultancy said adjusted EBITDA increased 9% to £75.7m, while adjusted pre-tax profit rose 8% to £64.2m.

Reported pre-tax profit fell 5% to £38.7m, mainly due to accounting treatment of contingent consideration linked to the Polaris acquisition, while the total dividend was lifted 11% to 13.2p per share.

Co-chief executive Paul Cuff said the group was operating "right at the heart" of a rapidly evolving pensions market, with improved scheme funding and regulatory change driving demand.

XPS said it remained confident of further growth in FY27 and beyond, in line with board expectations.

At 1104 BST, shares in XPS Pensions Group were down 3.47% at 306p.

Reporting by Josh White for Sharecast.com.

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