Personal Group Holdings (LSE:PGH) reported a 10% increase in group revenue to £25.7 million for the first half of 2026, while adjusted EBITDA rose 22% to £6.7 million.
The workforce benefits and health insurance provider said more than 90% of group revenue was recurring. Profit before tax increased 21% to £4.6 million, while basic earnings per share rose 28% to 12.3 pence.
Return on tangible equity was 29.6%. Personal Group remained debt-free at the end of the period and reported cash of £29.4 million.
Insurance Sales Reach £8.1 Million
New annualised insurance sales reached a record £8.1 million during the period. Insurance revenue increased 11% to £19.4 million, while annualised premium income rose to £42.4 million.
The company attributed the performance to factors including higher average premiums and increased penetration among existing clients.
Revenue from Personal Group’s benefits and reward operations increased 9% to £5.7 million. The company also reported additional customers for its Hapi platform and new partnerships, expanding the number of employees potentially covered by its services.
Personal Group Raises Interim Dividend
The board increased the interim dividend by 10% to 9.0 pence per share.
Management said investments in sales processes, partnerships and digital platforms are beginning to generate operating leverage. The company also reported continued recurring revenue growth and customer retention during the period.
Personal Group provides workforce benefits and health insurance services in the UK. Its operations include hospital, recovery and death benefit insurance plans, the Hapi employee benefits platform and pay and reward consultancy through its Innecto business.
The group serves around 1.25 million employees. Its Hapi platform is sold directly to employers and also supports Sage’s employee benefits offering for small and medium-sized businesses.
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