Davy Morning Equity Briefing
Jun 18, 2026
XPS Group
FY26: strong results with modest beats on earnings
XPS delivered a strong FY26 performance, with double‑digit revenue growth, improved operating efficiency and earnings ahead of expectations, supporting dividend growth. The balance sheet remains robust with low leverage, providing flexibility for targeted M&A to support expansion. The outlook is positive, underpinned by sustained demand from the Pension Schemes Bill and continued growth in the insurance consulting business.
