UK's Northamber H1 revenue rises 22% after NUC acquisition

Northamber

20/03/2026 07:12

Overview

UK technology distributor's H1 revenue rose 22% yr/yr to £39.4 mln

Company returned to positive unadjusted EBITDA after cost actions and acquisitions

Acquisition of NUC Distribution expanded unified communications business and geographic reach

Outlook

Northamber says current trading is in line with Board expectations and Q3 is profitable

Company expects a materially stronger second half, aided by NUC contribution and cost actions

Board remains cautious due to market and economic uncertainty but sees positive long-term prospects

Result Drivers

STRATEGIC SHIFT - Move to higher-value audio visual, unified communications, cyber security and network infrastructure solutions drove over 80% of group revenues

ACQUISITION IMPACT - NUC Distribution acquisition materially enhanced scale in unified communications and improved overhead absorption

COST DISCIPLINE - Operational cost changes and focus on overhead dilution contributed to improved profitability

Company press release: ID:nRST3945Xa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
GBP 39.41 mln
H1 EBIT
-GBP 226,000
H1 Gross Profit
GBP 5.92 mln
H1 Pretax Profit
-GBP 378,000


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)