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The brewer said revenue fell to £162.6m in the 52 weeks to 27 June 2026, while underlying EBITDA and underlying profit before tax rose. It also said Richard Oldfield will retire as chairman after the 30 October AGM, with Jonathan Neame to become executive chairman and Mark Rider managing director.
REA Group Target Price Cut 7.3% to A$164.00/Share by UBS>REA.AU
The company reported results for the period ended 31 May 2026 and said CEO Jerry Randall intends to retire from the role. It also highlighted revenue growth, a share buyback programme and recent disposals and acquisitions.