Carlisle-based H+H Group reports record profit of £1.96 million

Summarised from 4 outlets · Updated 12 Nov, 05:59 · Archive

H&H Group plc, based in Carlisle, has reported record annual profits of £1.963 million for the financial year ended June 30 2026, up from £1.720 million the previous year. Net assets increased to £23.1 million from £22.2 million, with strong cash generation throughout the year enabling significant continued investment for future growth.

The rise in profits was mainly driven by outstanding livestock trading performance. Despite the challenge of maintaining trading numbers as the national sheep flock and cattle herds decline, the Livestock Team were praised for their strong performance. The Land and Property, Environment and Consultancy teams also had a good year, with development income and conservation work making particularly strong contributions.

Revenue fell slightly to £19.4 million from £19.9 million in the previous year. An increasingly important source of revenue is income from H&H's own property lets, which helps to broaden the balance of the business and create financial security. Performance across the Insurance business was more challenging, the company said, though leadership changes and a renewed focus on rebuilding the business are supporting plans for recovery and future growth.

A final dividend of 20p per share will be paid to shareholders, making total dividends paid 30p, described as the largest payout for some time. Chief Executive Richard Rankin said the results 'reflect the strength of our core business, the trust our customers place in us and, most of all, the hard work of all our teams'. He added that the company's financial position gives it 'the confidence to continue investing in our people, facilities and services, while considering opportunities to grow the business and deliver long-term value for shareholders'.

How it is being reported

• Carlisle-based H+H profits rise to record £1.96 millionCARLISLE-based H&H Group plc has reported a rise in annual profits to £1.963 million for the financial year ended June 30 2026.Whitehaven News · 12 Nov, 05:05
• Carlisle-based H+H profits rise to record £1.96 millionCARLISLE-based H&H Group plc has reported a rise in annual profits to £1.963 million for the financial year ended June 30 2026.Westmorland Gazette · 12 Nov, 05:05
• Carlisle-based H+H profits rise to record £1.96 millionCARLISLE-based H&H Group plc has reported a rise in annual profits to £1.963 million for the financial year ended June 30 2026.News & Star · 12 Nov, 05:05
• Carlisle-based H+H profits rise to record £1.96 millionCARLISLE-based H&H Group plc has reported a rise in annual profits to £1.963 million for the financial year ended June 30 2026.NW Evening Mail · 12 Nov, 05:05

In this story: H&H Group plc · Carlisle · Richard Rankin

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