Revenue for the period rose 19.6% to £148.2m (H1 2024: £123.9m), with adjusted profit before tax up 18.4% to £14.5m. Statutory profit before tax grew 54.8% to £9.6m, while adjusted diluted earnings per share increased 23.3% to 18.2p.
To support delivery of its medium-term strategy, MAB has made several key leadership changes. Yaiza Luengo has joined as the Group’s first Chief Operating Officer, responsible for driving the delivery of the firm's growth targets. Deputy CEO Ben Thompson will move into a newly created strategic role, focusing on developing new value through an extended proposition.
The Board has also been strengthened with the appointment of Independent Non-Executive Directors Mandy Donald and Dr Orlando Machado. In addition, Rachel Haworth has succeeded Nathan Imlach as Senior Independent Non-Executive Director, with Nathan remaining on the Board as a Non-Independent Non-Executive Director.
Chief Executive Peter Brodnicki said, "Over the past five years, MAB has made record investments in people and in-house technology, building a strong platform to achieve its ambitions. These efforts will be enhanced by a new data team and strategy, alongside AI-driven innovation, enabling greater lead flow, higher conversion rates, and accelerated growth. Together, these initiatives underpin MAB’s medium-term goals and position the business strongly for organic growth."
He added that the performance reflected strong delivery against strategic priorities, with adviser recruitment, productivity, and technology-led innovation driving growth. He added that the new appointments would help MAB accelerate its ambitions as it prepares for a planned move to the London Stock Exchange’s Main Market in 2026.
