Property Franchise Group delivers record results and raises dividend after strong organic growth

The Property Franchise Group (LSE:TPFG) reported record performance in 2025, with revenue rising 25% to £84.3m and adjusted profit before tax increasing 39% to £31.0m. Growth was driven by strong organic momentum alongside contributions from acquisitions completed in the prior year. Recurring revenue made up just over half of total sales, while net debt fell to £2.3m as cash generation remained strong. Reflecting confidence in the group’s financial position, the board increased the full-year dividend by 22%.

Operational performance was also robust, with the group completing around 35,000 property sales and managing approximately 149,000 rental properties, despite landlord caution linked to the proposed Renters’ Rights Act. Financial services and licensing activities continued to expand, supported by record mortgage volumes and the opening of new international offices. Management highlighted the successful integration of Belvoir and The Guild of Property Professionals/Fine & Country, the launch of its Privilege programme, new AI initiatives and an expanded leadership team as key factors expected to drive further scale benefits, future acquisitions and resilience amid regulatory changes and property market cycles.

The company’s outlook is supported by strong financial performance and positive corporate developments. Solid revenue growth and profitability, combined with ongoing strategic initiatives and management confidence, position the group well for continued expansion. However, technical indicators suggest potential near-term volatility, while valuation metrics indicate the shares appear broadly fairly priced.

More about The Property Franchise Group

The Property Franchise Group is the UK’s largest multi-brand property franchisor, operating 18 estate agency, lettings and licensing brands alongside an established financial services division. Founded in 1986 and listed on AIM since 2013, the group oversees a network of around 1,900 outlets serving the UK residential property market and participates in major mortgage networks.