Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGateley Holdings Share News (GTLY)

Share Price Information for Gateley Holdings (GTLY)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 141.00
Bid: 140.00
Ask: 142.00
Change: -2.00 (-1.39%)
Spread: 2.00 (1.429%)
Open: 142.50
High: 143.00
Low: 141.50
Prev. Close: 143.50
GTLY Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Gateley demonstrates 'considerable resilience' in H1

Fri, 27th Nov 2020 10:02

(Sharecast News) - Legal and professional services group Gateley said on Friday that it had demonstrated "considerable resilience" during the first half of the trading year.

Gateley said its resilient performance was a result of its "well-diversified service lines", helping the group generate revenues of at least £50.0m, down only a touch on the £51.8m recorded at the same time a year earlier.

The AIM-listed group also reported that activity levels and revenue generation continued to follow "an improving trend", with monthly activity during September and October being higher year-on-year.

Gately now expects to yield an underlying adjusted pre-tax profit of no less than £7.0m for the half, up from £6.6m for the prior year, while net cash of £9.6m was a marked improvement on the firm's net debt of £900,000 twelve months earlier.

The firm stated that it had started the second half with "a strong sense of optimism", tempered only by possible further impacts from the Covid-19 pandemic and Brexit.

Chief executive Rod Waldie said: "Our revenue pipeline continues to strengthen and this, combined with the many operational efficiencies and cost reduction measures that we have introduced in 2020, leads me to be confident that, despite the circumstances, the group is well-positioned to deliver, to all of its stakeholders, a strong performance for the financial year."

As of 1000 GMT, Gateley shares were up 3.60% at 161.10p.
More News
19 Jul 2016 09:11

Law Firm Gateley Profit Higher As It Advises On Higher Value Deals

Read more
13 Jun 2016 07:14

Four EG Solution Directors Resign, Nigel Payne To Takeover As Chairman

Read more
19 May 2016 08:47

Gateley To Meet Market View With Revenue And Earnings To Rise

Read more
12 Apr 2016 08:40

BROKER RATINGS SUMMARY: Goldman Cuts AstraZeneca To Sell From Neutral

Read more
11 Apr 2016 12:59

Gateley makes UK legal history with first acquisition since listing

(ShareCast News) - Gateley Holdings has made its first acquisition since becoming the first UK law firm ever to list on the stock market, last June. Birmingham headquartered Gateley has snapped up specialist tax incentives advisory business Capitus, to be renamed Gateley Capitus, for £2.7m, of which

Read more
11 Apr 2016 06:59

Gateley Acquires UK Specialist Tax Incentives Advisory Capitus

Read more
15 Feb 2016 10:12

Gateley Holdings Sets 70%-Of-Profit Dividend Payout Plan

Read more
23 Dec 2015 17:26

DIRECTOR DEALINGS: Gateley Holdings CEO And COO Transfer Shares

Read more
15 Dec 2015 10:30

Gateley posts solid first half performance

(ShareCast News) - Commercial law firm Gateley has reported a solid first half performance, with revenue up 10.9%. The AIM-listed company issued its interim results for the six months to 31 October 2015 on Tuesday. Revenue rose from £26.7m in 2014 to £29.6m, driven by growth from its corporate and

Read more
15 Dec 2015 09:48

Gateley Declares Maiden Interim Dividend As Profit And Revenue Rise

Read more
1 Dec 2015 10:17

Law Firm Gateley Intends To Open New Office In Reading

Read more
16 Nov 2015 09:10

Gateley Has Solid Start To Year, Trading In Line With Expectations

Read more
15 Sep 2015 08:46

Gateley Reports Stronger Pretax Profit As Divisional Revenue Rises

Read more
15 Sep 2015 08:29

Gateley posts hike in revenue in first year as listed company

(ShareCast News) - Law firm Gateley Holdings reported a sharp hike in revenue in its first full year as listed company. In the year to 30 April, the company reported an 11.5% year-on-year increase in revenue to £60.9m, while earnings before interests, tax, depreciation and amortisation surged 28.4%

Read more
3 Sep 2015 07:59

Gateley Advised Takeover Of La Tasca Restaurants By Casual Dining

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.