Profit and revenue set to rise at ‘excited’ legal group
Legal and professional services firm Gateley is expecting turnover and profits to rise for the six months to October, it said in a trading update this morning (November 24).
Gateley is forecasting revenue to grow by 22% to not less than £76m, while underlying adjusted profit before tax will also rise by 11% to no less than £9.4m.
Rod Waldie, chief executive officer of Gateley, said: “In a period that included previously announced investment to strengthen our operating model and some predicted and appropriate post-pandemic increases in operating costs, our resilient business model, enhanced by an increasing range of complementary services, and our embedded ‘one-team’ culture, remain the driving forces behind another strong financial performance by the group.
“On behalf of the board, I would like to thank our clients for their support and our dedicated 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.”