MHA Projects 13% Revenue Growth, Aiming for £500 Million Target

MHA, a professional services group, has announced a projected revenue increase of approximately 13 percent for the first half of 2026. The company expects to generate around £121.3 million for the six months ending September 30, 2025. This growth aligns with MHA’s strategy to meet full-year market expectations and reflects the effectiveness of its recent initiatives.

In a trading update released on Friday, MHA credited its revenue growth to strategic acquisitions. Notably, Baker Tilly South-East Europe Holdings contributed a 3 percent increase in revenue following its acquisition in August 2025, while Baker Tilly Ireland, acquired in July 2024, added 1.5 percent.

CEO Rakesh Shaunak expressed confidence in the company’s trajectory, stating, “The group is well-placed to build on the momentum established in recent years, scaling further and driving innovation while maintaining high client standards.” He highlighted that core sectors like financial services, manufacturing, professional services, and engineering and technology have all seen significant double-digit revenue growth compared to the first half of 2025.

MHA’s Strategic Vision and Market Position

With ambitions to be among the UK’s top ten accounting and professional services firms, MHA aims for at least £500 million in revenue over the medium term. The firm opted for a listing on the AIM in April 2025, raising £97.8 million in gross proceeds, rather than pursuing private equity funding, a common trend in the professional services sector.

MHA reported a remarkable achievement in August 2025, announcing that its total revenue for the year had soared to £224.2 million, representing a 45 percent increase from the £154 million generated in the previous year. The firm also indicated that recurring fees constitute approximately 87 percent of its total revenue, underscoring its stable income stream.

Additionally, the board remains optimistic about the future, maintaining confidence in its growth strategy. MHA aims to exceed £500 million in annual revenue and continue its positive trajectory.

The market reacted favorably to MHA’s updates, with the company’s share price closing at 154.00p per share on Thursday, reflecting an increase of over 50 percent since its initial listing price in April. As MHA progresses toward its ambitious goals, its performance will be closely watched by industry analysts and stakeholders alike.