Shareholder Centre

Information for existing and prospective shareholders.

EventDate
Q3 FY24 Trading Update9 January 2024
H1 FY24 Results30 November 2023
H1 FY24 Trading Update10 October 2023
FY24 Trading Update11 April 2024
FY24 Results27 June 2024

The Board intends to adopt a progressive dividend policy. Initially, it was intended that dividends will equate to a pay-out of 50% of profit after tax, but with such pay out percentage increasing over time. Following the success of FY21 we have increased the pay-out to 60% and it is our intention to maintain this going forward, with approximately one third of the total dividend payment for the year paid as an interim dividend and two thirds paid by way of a final dividend.

The Board may revise the Company's dividend policy from time to time and there can be no assurance that the Company will pay dividends or, if a dividend is paid, what the amount of such dividend will be.

Consensus Estimates

Year ended 31 March

FY23

FY24

FY25

FY26

 

Actuals

Consensus Range Consensus Range Consensus Range
AUM (£bn)

12.2

           
FUM (£bn)

9.0

9.2 8.4 – 11.1 11.0 10.3 – 13.3 12.9 11.7 – 15.5
Revenue (£m)

119.2

140.2 139.3 – 141.7 154.6 149.3 – 160.1 175.8 171.5 – 182.5
Core EBITDA pre share-based payments (£m)

50.2

59.3 58.3 – 60.4 66.0 64.4 – 68.2 76.2 75.5 – 77.4
Core EBITDA pre share-based payments margin

42.1%

42.3% 41.6% – 43.2% 42.7% 41.2% – 43.5% 43.3% 41.7% – 44.7%
Basic earnings per share before non-underlying items (pence)

34.6

37.4 35.2 – 39.7 41.5 39.1 – 43.6 47.9 45.1 – 49.9
Dividend per share (pence)

20.1

22.3 20.8 – 23.8 24.6 23.4 – 26.2 28.7 26.7 – 29.9

5 analyst estimates, published on 11 April 2024, are included in this consensus.

DISCLAIMER – ANALYST CONSENSUS

The above forecasts are prepared by research analysts who have provided their analysis to Foresight Group Holdings Limited ("FGHL"). The consensus data is presented by FGHL for information purposes only and is not intended to, nor does it constitute, investment advice, promotional material for services offered by FGHL, its subsidiaries and affiliates, or any solicitation to buy, hold or sell securities or other financial instruments of FGHL, its subsidiaries or affiliates. When making an investment decision the advice of an independent financial adviser should be sought.

All the estimates the analysts have provided to FGHL have been included. However, FGHL reserves the right, from time to time, with or without notice, to exclude one or more analysts' forecasts. The consensus does not give greater weight to more recent forecasts or to the forecasts of any individual analyst, nor are they adjusted to exclude forecasts that pre-date a significant announcement or event. The opinions, forecasts, estimates, projections, predictions or recommendations regarding FGHL's performance or financial position made by the analysts are those of the analysts alone and do not represent the opinions, forecasts, estimates, predictions or recommendations of FGHL or its management, its subsidiaries or affiliates. FGHL does not endorse, concur or express any view on, or accept any responsibility in respect of, any forecasts or information provided. 

Although FGHL will endeavour to procure that information is kept updated, FGHL assumes no obligation to update or revise such information to reflect circumstances existing after the date hereof. FGHL does not distribute such reports prepared by the analysts and any copies must be obtained directly from the analysts or their firms and they are under no obligation and may decline to provide or enter any discussions regarding those reports.

It should be noted that forecasts are by definition forward looking and are therefore subject to risks and uncertainties that may cause actual results to differ materially from those projected or implied in any forward-looking statement. These risks and uncertainties include, among other factors, changing economic, financial, business or other market conditions. These and other factors could adversely affect the eventual results. FGHL, its subsidiaries or affiliates or their respective directors, officers and employees does/do not accept any liability for reliance upon, or actions taken based on, any of the information set out in this consensus data and make no warranty or representation as to the accuracy of the analyst's research, or the reasonableness of any assumptions or projections. FGHL has not verified any of the forecasts received and does not intend to do so in the future.

The receipt and/or distribution of the consensus information may, in certain jurisdictions, be restricted by legal or regulatory requirements. Recipients are required to inform themselves about and observe any such requirements.

FGHL is not aware of, nor has it investigated, the existence of any interests or conflicts of interest of the contributors that could compromise the objectivity of the contributed information. FGHL has obtained the permission from each analyst to include their estimates on a non-disclosed basis.

Last updated: 21 June 2024