**Summary of JTC PLC Interim Results for the Period Ended 30 June 2025**
JTC PLC reported strong interim results for the first half of 2025, showcasing robust organic growth and progress towards its Cosmos Era strategic plan, which is now ahead of schedule. Key highlights include
**Revenue Growth**Revenue increased by 17.3% to £172.6 million compared to H1 2024, driven by strong organic growth of 11.0%.
**Underlying EBITDA**Underlying EBITDA rose by 15.1% to £56.5 million, with an underlying EBITDA margin of 32.8%.
**New Business Wins**Record new business wins of £19.5 million, up from £18.8 million in H1 2024, with a strong pipeline for H2 2025.
**Acquisitions**Completed the acquisition of Citi Trust on 1 July 2025, enhancing JTCs position as the largest independent global trust company. Proposed acquisition of Kleinwort Hambros Trust Company (KHT) expected to complete in Q4 2025, adding further scale and capabilities.
**Employee Ownership**Awarded the second tranche of share awards to employee-owners, reinforcing the companys shared ownership culture.
**Financial Performance**Reported profit of £6.9 million, with underlying profit at £35.4 million, up 10.0% from H1 2024. Dividend per share increased by 16.3% to 5.0p.
**Strategic Progress**Renamed divisions to reflect expanding role in capital flows: Institutional Capital Services (ICS) and Private Capital Services (PCS).
**Outlook**Full-year expectations remain unchanged, with management confident in delivering the Cosmos era business plan ahead of schedule by the end of 2027.
CEO Nigel Le Quesne highlighted the companys resilience in a challenging market, the benefits of its diversified business model, and the continued focus on organic growth and strategic acquisitions. JTC remains well-positioned to capitalize on global trends in alternative assets and trust services, supported by its strong client relationships and employee-owner culture.