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Close Brothers Group said underlying loan book growth accelerated through the second half of FY 2026, expects FY 2027 underlying loan book growth of 5-10% and restructuring costs of about £30-40 million, and will not pay a final dividend for the 2026 financial year.
Close Brothers said preliminary FY 2026 adjusted operating profit fell 17% as income declined and it will not pay a final dividend due to uncertainty over motor finance redress. It forecasts FY 2027 underlying loan book growth of 5-10% and adjusted operating expenses of about £430 mln.