BTG shares fall despite rise in revenue, profit

Shares of BTG Consulting plc, the Manchester-based business recovery, financial advisory and real estate firm, fell as much as 7% after it published results for the year ended April 30, 2026.

BTG was known as Begbies Traynor Group until recently.

BTG said its revenue increased 10% to £168.5 million and adjusted profit before tax rose 6% to £25 million. Statutory profit before tax increased 23% to £14.1 million.

Proposed total dividend increased 7% to 4.6p “marking nine consecutive years of growth and reflecting the board’s confidence in the group’s prospects and commitment to delivering long-term shareholder value.”

On “current trading and outlook” BTG said: “Started the new financial year with encouraging levels of activity across the group …

“Backdrop of macroeconomic uncertainty continues to drive demand for our restructuring and advisory services, whilst continuing to impact transactional activity …

“Expect to deliver a further year of growth in line with our expectations.”

BTG Consulting CEO Mark Fry said: “We have delivered a strong performance ahead of the previously stated range of market expectations, with robust activity across restructuring, advisory and real estate services driving both organic growth and acquisitions.

“Growth has been delivered through larger and more complex engagements, increased cross‑service line delivery and continued investment in capability, reinforcing our strong market positions and supporting further growth.

 “With an enhanced platform, a highly experienced team and an encouraging pipeline of acquisition opportunities, we are well positioned to deliver further progress towards our £200m medium-term revenue target.”