NAHL Group boosts profit, cash flow and cuts debt as 2025 trading beats prior year

The latest update is out from NAHL Group Plc ( (GB:NAH) ).

NAHL Group reported strong unaudited trading for the year to 31 December 2025, with revenues expected to rise 3% to about £40m and underlying operating profit up 86% to around £7.3m, driven mainly by higher revenue and lower marketing costs in its Personal Injury operations and the completion of intangible asset amortisation. Underlying profit before tax is set to more than triple to roughly £5m despite £0.6m of exceptional costs linked to the aborted sale of Bush & Co. and cost savings, while robust cash generation lifted free cash flow by 37% to £3.9m and cut net debt by 55% to a 10-year low of £3.2m, as the Board continues to review options to accelerate shareholder value. Consumer Legal Services delivered a 4% revenue increase and a 120% jump in underlying operating profit, supported by a strong performance at National Accident Law, which settled more claims and launched a Serious Injury team targeting higher-margin, complex cases, although a deliberate reduction in new enquiries to control acquisition costs and align with capacity is expected to weigh on the division’s 2026 results. The Critical Care division achieved modest revenue growth with flat profits, as Bush & Co.’s expert witness work remained strong, case management demand stayed soft, and newer offerings such as Bush & Co. Care Solutions and Bush & Co. Kids showed encouraging momentum, with new leadership and the cessation of the sale process allowing the Group to refocus on delivering profitable medium-term growth across both divisions.

The most recent analyst rating on (GB:NAH) stock is a Hold with a £36.00 price target. To see the full list of analyst forecasts on NAHL Group Plc stock, see the GB:NAH Stock Forecast page.

Spark’s Take on GB:NAH Stock

According to Spark, TipRanks’ AI Analyst, GB:NAH is a Neutral.

The overall stock score is primarily influenced by the company’s financial challenges, including declining revenue and profitability. Technical indicators suggest a bearish trend, and valuation metrics are unattractive due to negative earnings. However, the recent earnings call provided some positive insights, with strong growth in profitability and cash generation, which slightly offsets the negative aspects.

To see Spark’s full report on GB:NAH stock, click here.

More about NAHL Group Plc

NAHL Group plc is a UK-based marketing and services business focused on the consumer legal services and catastrophic injury markets. Through its Consumer Legal Services division, it provides outsourced marketing services to law firms via National Accident Helpline and claims processing for individuals through National Accident Law, Law Together and Your Law, as well as property search services via Searches UK. Its Critical Care division, operating primarily through Bush & Co., offers specialist services in the catastrophic and serious injury market to both claimants and defendants, including expert witness, case management and care solutions.

Average Trading Volume: 20,923

Technical Sentiment Signal: Sell

Current Market Cap: £17.31M

For detailed information about NAH stock, go to TipRanks’ Stock Analysis page.