Ingenta PLC (ING) · 2026-11-12
Strategic Update and Directorate Change
Ingenta said FY26 revenue was broadly in line with market expectations and adjusted EBITDA remains in line with market expectations, but two contracts with its largest customer, worth about £2m of FY26 Group revenue, will not renew as they expire into 2027; their impact extends to FY27 and beyond, although the Board expects savings and its AI refocus to largely offset it in 2027. It has appointed Dr Dan Brown as Deputy Chairman and Greg Healey as interim COO to support the refocus.