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Restore boosts revenue, expands Datashred unit and launches £20m buyback

Story Highlights
  • Restore delivered strong early-2026 trading, with significantly higher revenue driven by acquisitions and robust organic growth in digitisation, communications and IT recycling.
  • The group expanded its Datashred business with three bolt-on deals, initiated a £20 million share buyback and reiterated confidence in meeting full-year profit expectations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Restore boosts revenue, expands Datashred unit and launches £20m buyback

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Restore ( (GB:RST) ) just unveiled an announcement.

Restore reported robust trading for the four months to 30 April 2026, with revenues rising significantly on the back of prior-year acquisitions and strong organic growth in digitisation, outbound communications and IT recycling. The core document storage arm continued to deliver stable earnings and operating margins remained strong across all divisions, underscoring the resilience of its recurring-revenue model.

The company completed three bolt-on acquisitions within its Datashred division for a combined £3.5 million, expanding its confidential shredding footprint while continuing to evaluate further deals. Alongside the launch of a £20 million share buyback, the board reaffirmed confidence that adjusted profit before tax for the full year will meet market expectations, signalling sustained growth prospects ahead of interim results due on 28 July 2026.

The most recent analyst rating on (GB:RST) stock is a Buy with a £307.00 price target. To see the full list of analyst forecasts on Restore stock, see the GB:RST Stock Forecast page.

Spark’s Take on RST Stock

According to Spark, TipRanks’ AI Analyst, RST is a Neutral.

The score is primarily held back by inconsistent profitability/margin pressure and moderate-to-high leverage, despite consistently positive cash generation. Technical indicators are neutral-to-mixed without strong momentum support. Valuation is the biggest drag due to the extremely high P/E, only modestly offset by the dividend yield.

To see Spark’s full report on RST stock, click here.

More about Restore

Restore plc is a UK-based provider of secure and sustainable business services focused on data, information, communications and physical assets. The group’s core operations include document storage, digitisation, outbound communications and IT recycling, positioning it as a leading player in records management and information lifecycle services for corporate and public sector clients.

Average Trading Volume: 478,851

Technical Sentiment Signal: Buy

Current Market Cap: £360.3M

For an in-depth examination of RST stock, go to TipRanks’ Overview page.

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