Acqusitive legal group ‘confident of return to organic growth’
Acquisitive law firm Knights is "confident of a return to organic growth" after a challenging period for the business.
The group has almost doubled its revenues in three years through its aggressive acquisition strategy.
However it acknowledged it had "slightly higher fee earner attrition than expected"
Revenue increased 13% to £142m, while underlying pre-tax profits were up 19%, to £21.6m.
Knights share price lost three-quarters of its value in the first half of 2022 and has been unable to recover since. Its closing pri... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
