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Accordant Group
Accordant Group (AGL) investor relations material
Accordant Group H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary10 Nov, 2025
Executive summary
Entering the second half of the year with improved confidence, though economic instability persists and a sustained turnaround is yet to be seen.
Strong execution enabled the group to weather revenue declines, retain talent, and maintain financial discipline.
White-collar segment returned to profit in H1 FY26; blue-collar segment remained stable despite challenges.
Improved cash generation and reduced borrowings signal greater efficiency and financial discipline.
Investment in AI and technology continues, with AI Assistants rolled out across all business units.
Financial highlights
Revenue for the six months ended 30 September 2025 was $82.0m, down 8% year-over-year, an improvement from the 21% decline in H1 FY25.
Net loss after tax was $1.1m, compared to a $1.4m loss in the same period last year.
Net cash provided by operating activities improved to $2.5m from $1.3m year-over-year.
Borrowings reduced by $3m compared to FY25.
No interim dividend declared for the period.
Outlook and guidance
Optimism for 2026 is rising among clients, with signs of recovery in hiring and increased tender activity.
Anticipation of more favorable trading conditions in FY27, with technology investments expected to drive future growth.
Continued focus on profitability, debt reduction, and cautious capital deployment.
What drove white-collar segment's profit return?
Quantify expected AI productivity enhancements
What specific tenders will boost blue-collar H2?
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Next Accordant Group earnings date
H2 202628 May, 2026
Accordant Group
Next Accordant Group earnings date
H2 202628 May, 2026
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Frequently asked questions
Accordant Group Limited is a New Zealand-based company specializing in recruitment and staffing solutions across various sectors. The company operates through multiple brands, including AWF, Madison, Absolute IT, and JacksonStone & Partners, providing services in temporary, contract, and permanent placements. Accordant Group serves a range of industries such as industrial, corporate, IT, and professional services. The company is headquartered in Auckland, New Zealand, and its shares are listed on the NZX.
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