Alfa’s Q3 trading update indicates a £2m (or c. 6%) increase in our operating profit expectations for FY25. Trading in the third quarter saw a 12% YoY increase in revenue, or +14% in constant currency terms, with total contract value ending the period at a record high of £222m (+5.2% vs. 30 June 2025). During Q3 Alfa has tightly controlled headcount growth and underspent on travel, conferences and IT costs. These cost savings are expected to continue into Q4, driving today's upgrade, with revenu ....
