The Property Franchise Group (TPFG) has reported a 7% rise in group revenue to £43.3m for the first half of 2026, up from £40.3m in the same period last year. This increase occurred despite the group describing the property sales market as subdued.
Adjusted pre-tax profit for the AIM-listed group, which includes brands like Belvoir and Martin & Co, also saw a 7% increase, reaching £15.5m. Adjusted EBITDA rose by 3% to £16.2m.
Shareholders will receive an increased interim dividend of 7.7p per share, a 10% rise. The group's managed lettings portfolio remained stable at approximately 149,000 properties, compared to around 150,000 in the first half of 2025.
Franchising revenue grew by 8% to £24m, and financial services revenue increased by 10% to £13m. Licensing revenue remained consistent at £6.3m. TPFG also rolled out its first commercial AI-enabled products during the period, with 14 franchisees adopting them.