**Summary**
Northern Bear Plc, an AIM-quoted group providing specialist building and support services, released a trading update on October 1, 2025, announcing that the company is trading ahead of expectations since its preliminary results were published on July 15, 2025. The company expects its full-year EBIT for FY26 to be broadly consistent with the strong underlying profit performance of FY25, adjusted for H Peel & Sons Limited losses and related closure costs, and excluding a non-recurring operating profit of approximately £1.0 million. This non-recurring profit enabled the company to fully repay its outstanding term debt of £1.275 million. Excluding this profit, EBIT for the year ending March 31, 2026, is expected to be in line with adjusted FY25 EBIT. The Board will provide a further update during the interim results in late November 2025.
**Key Points**
Northern Bear Plc is trading ahead of expectations.
Full-year EBIT for FY26 is expected to be consistent with adjusted FY25 EBIT.
A non-recurring operating profit of £1.0 million allowed the company to repay its outstanding term debt.
Excluding this profit, EBIT for FY26 is expected to be in line with adjusted FY25 EBIT.
Further updates will be provided during the interim results in late November 2025.