Restore Lifts H1 Revenue 21% on Organic Growth and Acquisitions

Restore PLC (LSE:RSTP), a UK-based provider of business services, announced a 21% increase in revenue to £175.40 million for the first half of 2026. The company attributed the growth to an equal mix of organic expansion and contributions from recent acquisitions.

First-Half Financials

In its report, Restore detailed several key performance indicators for the six-month period, highlighting broad-based profit growth and shareholder returns.

• Adjusted Pretax Profit: Rose to £22.30 million.
• Adjusted Earnings Per Share (EPS): Increased by 24% year-over-year to £0.04.
• Statutory Pretax Profit: Reported at £7.40 million.
• Net Debt: Stood at £122.50 million at the period's end.

Restore also continued its share buyback program, purchasing £4.6 million worth of its own shares during the first half of the year, the company stated.

Divisional Performance

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The company's growth was underpinned by strong results from its primary business units. The Information Management division saw its revenue climb by 26%, benefiting from stable storage volumes, inflation-linked pricing adjustments, and new project wins.

Meanwhile, Restore's Technology division doubled its operating profit compared to the same period in the prior year. The company credited this improvement to a strategic focus on high-value IT recycling markets and the implementation of enhanced internal systems.

Outlook

Looking ahead, Restore management expressed confidence for the remainder of the year. The company expects its full-year 2026 adjusted profit before tax to be at least in line with current market expectations.

Restore anticipates that its combination of recurring revenues, strong cash generation, and a dual strategy of organic and inorganic growth will continue to drive revenue and profit expansion.