Audio Note | Personal Group: 1H26 trading update – delivering on the promise

Personal Group has released a positive update for the half to June. Group revenue increased by 10% YoY to £25.7m (1H25 £23.3m) demonstrating robust revenue growth across all areas of the business. The adjusted EBITDA performance was even better, increasing 22% to £6.7m (1H25 £5.5m. The balance sheet remains strong with cash and net cash at £29.4m at 30 June (£29.0m at YEFY25). The company noted that trading remains in line with market expectations for the full year. We make no changes to our forecasts, although it looks like the balance may be more weighted to the insurance business than we are currently forecasting, emphasising the power of Personal Group’s unique model of affordable insurance.