BTG Consulting plc, the Manchester-based business recovery, financial advisory and real estate firm, said it expects its full year results for the year to be above the top end of market expectations.
BTG was known as Begbies Traynor Group until recently.
In an an update on trading for its financial year ended April 30, 2026, BTG said it expects revenue to rise 10% to £169 million and adjusted profit before tax to rise 6% to £25 million.
“This performance reflects the continued growth across the group’s service lines, and the breadth of its advisory services …” said the Manchester firm.
“The restructuring team delivered another strong year, with continued organic growth and strong activity levels across both new and ongoing engagements. The group has strengthened its market position, retaining its ranking as number one by volume of UK corporate appointments and second nationally for administrations.
“We increased our number of administration appointments in the year, including notable engagements such as the administration and subsequent sale of Sheffield Wednesday FC, alongside activity undertaken in relation to the Market Financial Solutions (MFS) group.
“The real estate advisory businesses delivered a strong performance, building on prior year investment and benefiting from demand across valuations, building consultancy and planning. The group’s property auctions platform continued to perform well, providing a reliable flow of instructions and reinforcing the resilience of earnings across the cycle.
“The financial advisory team benefitted from completions of corporate finance transactions in the second half, albeit the transactional advisory market remains influenced by the macroeconomic environment, as anticipated. The group has continued to complete a solid level of instructions throughout the year, driven by the breadth of the group’s advisory services.”
In its outlook, BTG said: “We start the new financial year with an increased pipeline of restructuring engagements and continued activity across our advisory businesses. A backdrop of increased macroeconomic uncertainty is expected to continue to drive demand for our restructuring and advisory services.
“The group’s diversified mix of advisory services, combined with ongoing investment in its people and platform, positions it well to deliver further growth, supporting continued progress against its medium-term growth objectives and extending its track record of profitable growth.”
BTG Consulting CEO Mark Fry said: “The group has delivered a strong performance for the year, with results expected to be above the top end of market expectations and another record for the business. This reflects growth across our core service lines, underpinned by the breadth of our advisory services and the resilience of our model across market conditions.
“We expect a backdrop of increased macroeconomic uncertainty to continue to drive demand across our restructuring and advisory services, and we enter the new financial year with an increased pipeline of instructions. We remain focused on delivering further growth through continued investment in our people and service offering.”