Annual Report 2025

Chairman's Statement“2025 has been a landmark year for Princes Group plc. Our successful listing on the London Stock Exchange represents a significant milestone in the Group’s development and marks the beginning of a new chapter as a publicly listed company. From the outset, our objective has been clear: to create long-term value through disciplined strategy, operational excellence and a balanced approach to growth. The performance delivered in 2025 demonstrates that this strategy is not only working but accelerating.”

Chief Executive's Statement"In our first months as a listed company, we have demonstrated the inherent resilience of our business model, delivering exceptional momentum and a robust financial performance characterised by disciplined execution and structural margin expansion. Our financial results in 2025 reflect a relentless focus on high-quality earnings and cash generation. Performance was broad-based, fuelled by the enduring strength of our brands and the essential, non-cyclical nature of our portfolio.”

Chief Financial Officer’s Statement“FY 2025 was a year of exceptional financial delivery for Princes Group plc. The combination of disciplined execution, a deliberate shift in revenue mix, and the successful completion of our initial public offering has produced a step-change in the Group’s profitability, balance sheet strength and financial flexibility.”