Good to see more people arriving here. Hopfully catching a few people eye |
Bought a good chunk yesterday (average 390) on the acquisition news backing up the recent trading update. Sounds like a complementary / “friendly̶1; takeover. The acquired company’s owners have a huge £35M incentive to help achieve the “stretching221; earnings targets over the next three years. |
DEUTSCHE BANK RESEARCH RAISES XPS PENSIONS TARGET TO 485 (435) PENCE - 'BUY' |
Beat me to it Dave, cheers. |
Acquisition, expected to be immediately earnings accretive. |
52 week high |
Thanks melody |
RBC RAISES XPS PENSIONS GROUP PRICE TARGET TO 435 (395) PENCE - 'OUTPERFORM' |
wealthoracle.co.uk/detailed-result-full/XPS/1237 |
I think that was Iain Staples talking to Paul Hill around last November |
I saw a podcast on Voxmarkets where the interviewee was asked for his tip for 2025 and he referred to XPS. |
Yep missed the boat here unfortunately. |
What a superb update. This is one of my most successful investments over the last two years and I see no reason why it wont continue, all things being equal.
Good luck to all in this company.
Nice to see you here BBD. |
Excellent
GLA |
 14 February 2025
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
FOR IMMEDIATE RELEASE
XPS Pensions Group plc
Trading update
A strong finish to the year, performance anticipated to be materially ahead of expectations
XPS Pensions Group plc ("XPS" or the "Group") is pleased to provide an unscheduled trading update (unaudited) for the year ending 31 March 2025.
Trading update
The Group has continued to perform strongly, and the Board now expects revenues for the full year to be in the range of £226 million - £229 million, representing YoY growth of 15% - 16%.
High levels of demand for our services from continued regulatory change, new clients, and the inflation-linkage of our contracts, combined with the resilience and predictability of our business model has driven a strong performance for the year. Growth drivers in the year include GMP equalisation, rectification projects following the McCloud judgement, and the impact of new business wins in the Risk Transfer market.
Costs have been managed well, and our investments in technology are enabling increasingly efficient delivery of project work. As such the Board expects operational gearing to have improved and full year results to be materially ahead of previously upgraded expectations.
Workplace pensions remain high on the agenda with further regulatory changes expected later this year stemming from recent Government announcements. We remain confident that our expectations of continued strong performance in FY 26 and beyond remain well underpinned.
The Group's full year results are expected to be released on 19 June 2025. |
Blackrock has increased its holding to 10% |
PS didn't hit 310p ;-} |
Coming back well. The institutions using their services know how capable they are and word spreads. Pension advice is a small world. |
310 ish looking at chart |
Topped up at 320p. In this market, thanks to Ms Reeves, it is probably too early but RSI is over sold. |
Ex Q2 divi tomorrow - hope that caused yesterdays adjustment. |
Investors Chronicle has just picked XPS as its no.1 small cap stock for 2025.
Very interesting! The list was:
1. XPS
2. Bloomsbury Publishing
3. Eurocell
4. Rockwood Strategic
5. Wilmington |
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