**Summary of FW Thorpe Plcs Final Results for the Year Ended 30 June 2025**
FW Thorpe Plc, a leading designer, manufacturer, and supplier of professional lighting systems, announced its preliminary results for the fiscal year 2024/25, highlighting a resilient performance despite challenging market conditions.
**Financial Highlights**
**Revenue** £175.2 million, a slight 0.3% decrease from £175.8 million in 2024.
**Operating Profit (before acquisition adjustments):** £32.9 million, up 1.7% from £32.4 million in 2024.
**Profit Before Tax** £31.6 million, a 5.9% increase from £29.9 million in 2024.
**Basic Earnings Per Share:** 21.69pup 4.6% from 20.73p in 2024.
**Dividend** Total interim and final dividend increased by 5.0% to 7.12p per share, with a final dividend of 5.36p.
**Operational Performance**
**Strong Performers** Thorlux and Zemper delivered standout performances, with Thorlux focusing on comprehensive lighting solutions and Zemper excelling in innovative products like Smart Z and ALIOTH.
**Challenges** Lightronics and Schahl faced disappointing results, attributed to market conditions and economic downturns, respectively.
**Overall Growth** Most other businesses within the group showed improved performance, contributing to marginal growth in operating profit.
**Financial Position**
**Cash Reserves** Increased to £61.8 million from £52.9 million in 2024, despite share buybacks.
**Net Cash from Operations** £33.2 million, down from £41.4 million in 2024, primarily due to the absence of a £7.4 million working capital benefit from the previous year.
**Strategic Initiatives**
**Innovation** All group companies prioritize innovation, supported by new group-wide innovation teamwork.
**Sustainability** Initiated a woodland carbon offsetting project, planting 82,000 trees, and invested in HVO biofuel lorries to reduce carbon emissions by up to 90%.
**Certifications** Thorlux obtained ISO 27001 certification for information security, and all manufacturing companies maintain EN 450001 and ISO 14001 certifications for employee safety and environmental management.
**Outlook**
**Resilience** The groups diverse territorial sales provide resilience against individual market fluctuations.
**Focus Areas** Efforts will concentrate on improving Lightronics and SchahlLEDs performance, requiring time and investment in sales activities.
**Acquisitions** The board remains open to selective acquisitions to support growth.
**Chairmans Statement**
Mike Allcock emphasized the groups ability to navigate challenging conditions, highlighting the contributions of Thorlux and Zemper, while acknowledging the need for improvement in Lightronics and Schahl. He praised the groups commitment to innovation, sustainability, and operational excellence, and expressed confidence in the groups future prospects.
**Conclusion**
FW Thorpe Plc demonstrated resilience in FY 2024/25, achieving modest growth in profits and maintaining a strong financial position. The groups focus on innovation, sustainability, and strategic investments positions it well for future growth, despite ongoing market challenges.