The Lords Equity Story
Differentiated investment opportunity
Uniquely placed Group in a large addressable market with opportunity to grow:
- organically
- by acquisition
Resilient core markets
- Core exposure to UK Repairs, Maintenance and Improvement (RMI)
- Structural housing undersupply and ageing stock
- Revenue base underpinned across economic cycles
Structural growth drivers
- Strong growth in renewables (+57% in FY25)
- Increasing regulatory and consumer shift towards low‑carbon heating
- Renewables and product mix improving margin quality
Digital platform established
- CMO enables national scale and data driven growth
- Enhances customer acquisition, pricing insight and product reach
Operating leverage embedded
- Established brand network with capacity for volume growth
- Lower cost base following restructuring and efficiency initiatives
- Incremental revenue drives disproportionate profit growth
Stronger balance sheet
- Net debt reduced by 59% to £13.4 million
- Significant liquidity and headroom for growth
- Well positioned for selective acquisitions in consolidating market