Professional services group records “resilient” first half financial performance

Gateley, the professional services group, has hailed a “resilient” first half financial performance, with revenue and profits on the rise against a challenging macro-economic backdrop.

According to unaudited results for the six months ended 31 October 2023, revenue was up 7.6% at £82m, growing from £76.1m in the same period of the year prior.

Group profit before tax meanwhile reached £7.4m, increasing from £6.3m.

Rod Waldie, Chief Executive Officer of Gateley, said: “Given macro-economic conditions during the period, I am pleased with the Group’s resilient H1 24 performance.

“This is testament to, firstly, our strong client relationships, sustained by the excellent service delivered by our people and, secondly, our strategy working in practice as we continue to differentiate Gateley and enhance resilience via the aggregation of, and continued investment in, complementary legal and consultancy services on each of our Platforms.

“Our H2 24 outlook reflects our cautious view on the market conditions we are currently experiencing. That said, I am confident in the ability of our excellent teams to continue to rise to the challenge for the remainder of this year, and beyond. We continue to invest in the business and remain confident and well-positioned to deliver our long-term ambitions.”