FRP Advisory revenues to hit £152m in FY25

FRP Advisory Group expects to report revenues of approximately £152m, up 19% on the prior year, as announced in a new trading update for the year ending 30 April 2025.

In FY25, the group also expects an adjusted underlying EBITDA of approximately £41m, up 11% on the prior year.

In February, the firm had said that performance in the first nine months of the year was “strong”, with positive trading across each of the five service pillars, supported by significant contributions from The Body Shop and a large corporate finance project.  

In its latest update, it said the final quarter of the financial year saw a “marked increase” in macroeconomic volatility, driven predominantly by US announcements regarding global trade tariffs, impacting business confidence and causing delays in decision making. 

Geoff Rowley, chief executive officer of FRP Advisory Group plc, said: “Whilst the global and UK economies continue to be impacted by uncertainty, FRP remains well placed to continue to serve its clients across the entire economic cycle. 

“The medium-term outlook for our markets remains positive and we have sufficient resource flexibility to respond to an increase in demand for our services. The board is therefore confident of further growth and progress in the new financial year.”