#DSW Capital – H1 “in line with management expectations… cautiously optimistic”
- 2026-11-09 07:39:57
UK 15:52 Monday, 9 November 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
‘Professional services network’ company DSW Capital (DSW) has issued a “trading update” including year ended 31st March 2026 “network revenue is expected to be in line with revised expectations at £22.8m (FY25: £25.8m)… Adjusted Profit Before Tax of c.£1.4m. Cash reserves remain strong, with cash of £2.0m and net cash of £0.2m… remains confident in the group’s long-term prospects”. So what about currently a share price response to 43.5p, more than 3% further lower?
Most recently on professional services licence network business DSW Capital (DSW), earlier this month with the shares up to 75p I concluded that the valuation seemed at least high enough. What about now half-year results headlined “Resilient performance with momentum building in M&A, leading to guidance upgrades”, and the shares currently at 69p?
Professional services licence network business DSW Capital (DSW) states that it “is very pleased to announce that, after securing H1 25 results in line with management expectations, the group delivered an outstanding performance in October… upgrade our guidance for FY”. What about this from a currently up to 75p share price?
Describing itself, quite unspecifically, as “a profitable, mid-market, challenger professional services licence network and owner of the Dow Schofield Watts brand”, DSW Capital (DSW) has issued a “trading update” including that it “now anticipate FY 24 adjusted pre-tax profit to be in the range of £0.6m to £0.7m… cash balance of £2.7m at 31 January 2024”. What of those and the outlook compared to a currently more than 17% lower share price in response at 50p?
