Friday, November 26, 2021

Gateley “delighted” with its performance as revenues rise

Gateley, the legal and professional services group, is “delighted” with its strong performance, both in terms of activity levels and fee generation, during the six months ended 31 October 2021.

According to a trading update ahead of Gateley’s half year results, revenue for the period has grown by 23% and is expected to be not less than £62m.

Underlying adjusted profit before tax meanwhile is not less than £8.1m for the period, compared with £7.5m for the prior period.

Rod Waldie, Chief Executive Officer of Gateley, said: “Our long-established and resilient business model, enhanced by an increasing range of connected services offered to clients via our Platforms, and our embedded ‘one-team’ culture have been the driving force behind another strong financial performance from Gateley.

“On behalf of the Board, I thank our incredible people for their ongoing hard work, commitment and can-do attitude. We are excited by the wide range of opportunities that are presenting themselves to the Group and look forward to continuing to grow the business, both organically and via acquisition, in line with our stated strategy.

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