Close Brothers Group PLC 2025 AR2
The report highlights Close Brothers Group plc's performance and strategic progress for the 2025 fiscal year, during which the group navigated significant market uncertainty surrounding historical motor finance commission arrangements. Despite reporting a statutory operating loss before tax of £122.4 million due to provisions, the group achieved an adjusted operating profit of £144.3 million and successfully generated or preserved over £400 million of Common Equity Tier 1 (CET1) capital. Strategically, the group simplified its operations through the sale of Close Brothers Asset Management and Winterflood Securities, while delivering £25 million in annualised cost savings. On sustainability, the group reduced its Scope 1 and 2 operational emissions by 20% in 2025 and continued to support customers' transition to a lower-carbon future through green lending initiatives.
Company: Close Brothers Group PLC
Sector: Financials
Country: United Kingdom
Year: 2025
Type: AR2
Pages: 240
Back to company
Close Brothers Group PLC
Annual Report
The report highlights Close Brothers Group plc's performance and strategic progress for the 2025 fiscal year, during which the group navigated significant market uncertainty surrounding historical motor finance commission arrangements. Despite reporting a statutory operating loss before tax of £122.4 million due to provisions, the group achieved an adjusted operating profit of £144.3 million and successfully generated or preserved over £400 million of Common Equity Tier 1 (CET1) capital. Strategically, the group simplified its operations through the sale of Close Brothers Asset Management and Winterflood Securities, while delivering £25 million in annualised cost savings. On sustainability, the group reduced its Scope 1 and 2 operational emissions by 20% in 2025 and continued to support customers' transition to a lower-carbon future through green lending initiatives.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2025
Reporting Period
Aug 1, 2024 - Jul 31, 2025
Fiscal Year
2025
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women on Board
Women in Management
Net Zero Target
Employees