BTG Consulting, formerly Begbies Traynor, reported a 10% increase in revenue to £168.5 million for the financial year ending April 30, 2026. This growth was partly attributed to successfully poaching senior talent from major competitors, including two senior partners from Kroll for its M&A division. The firm also led significant restructuring cases, such as the administration of Market Financial Solutions and the sale of Sheffield Wednesday football club for £20 million to Arise Capital Partners. Despite strong results, BTG's share price initially dipped by 5 percent but was recovering.
Jet2 experienced a significant uplift in its share price, jumping as much as 16%, primarily due to a positive update on summer bookings. The company reported that booked-to-date summer passengers were up 7.1% and on-sale capacity was 7.7% ahead of last year. Despite a 7% drop in pretax profit to £551 million for the year ended March 31, Jet2's strong booking momentum and a £250 million share buyback program buoyed investor confidence. The company also increased its jet fuel hedging to 90% for the full year at an average price of $743 per metric ton.
Currys Group PLC was highlighted for its improving financial performance in the Nordics, indicating that its long-term strategy in the region is starting to yield positive results. This suggests a positive outlook for the electrical retailer in a key European market, contributing to a broader positive sentiment among stockpickers regarding these three companies.
