MHA plc (LSE:MHA) delivered a strong trading update for the financial year ended 31 March 2026, reporting a 12% increase in group revenue to approximately £251 million. Adjusted EBITDA also climbed 12% to around £46 million, surpassing market expectations as demand remained solid across all four of the company’s core service divisions. Growth was particularly driven by activity in the financial services, manufacturing and engineering, and professional services sectors. The group also reported an improved net cash position of roughly £24 million while maintaining quarterly dividend payments under its progressive dividend framework.
Acquisitions strengthen presence in Europe and the Middle East
The company significantly expanded its international operations through the acquisition of Baker Tilly South East Europe in August 2025 and the UAE operations of Moore Stephens in April 2026. These deals broadened MHA’s reach across South-East Europe and the Middle East and are expected to contribute positively to earnings during their first full financial years within the group. Management highlighted a strong acquisition pipeline and continued investment in technology, artificial intelligence, talent development and sector-focused expertise as key drivers of future growth.
Medium-term revenue ambitions remain on track
MHA reiterated confidence in achieving its medium-term objective of generating more than £500 million in annual revenue. The company said its expanding international network, combined with ongoing strategic investment and sustained client demand, positions the business well for continued long-term growth and value creation for shareholders and stakeholders alike.
More about MHA Plc
MHA plc is a United Kingdom-based professional services group offering audit and assurance, tax, accountancy and advisory services across a wide range of industries. The company employs more than 2,300 staff and 157 partners operating from 37 offices located across the UK, Ireland, South-East Europe, the UAE and the Cayman Islands. MHA also acts as the Baker Tilly International representative in several European markets, including the UK, Ireland, Cyprus and Greece.
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