Manolete Partners Plc (LSE:MANO) posted weaker results for the first half of FY26, with revenue slipping 12% and EBIT reduced sharply following fair-value write-downs tied to the truck cartel litigation. Even so, the company completed a record number of cases during the period and reported rising volumes of new referrals—both viewed as positive indicators for the remainder of the year.
Management expects a stronger second half, supported by higher anticipated settlement values and continued momentum in case referrals. The firm cites a robust UK insolvency environment and elevated liquidation activity as key drivers. While the company benefits from a solid balance sheet and minimal leverage, challenges remain: cash generation has been uneven, profitability is under pressure, and shares continue to trade at a demanding valuation amid bearish technical signals.
More about Manolete Partners Plc
Manolete Partners Plc is one of the UK’s leading insolvency litigation funders, working alongside insolvency practitioners to pursue claims against directors or other parties following corporate insolvencies. Its financing model helps unlock recoveries for insolvent estates—an essential function for creditors, including HMRC, seeking to reclaim unpaid liabilities.
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