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IN BRIEF: DWF "delighted" as full-year profit beats market forecasts

Tue, 25th May 2021 14:31

DWF Group - Manchester-based law firm - Says it continued to enjoy "strong activity levels" in the second half of financial year ended April 30, with revenue growth for the year of more than 13%. Adjusted pretax profit of GBP34 million exceeds market expectations by around 15%, it says, and is more than double on the 2020 financial year. "This week marks the first anniversary of my tenure as CEO and I am delighted with our results which show significant improvement on the prior year and a strong performance in their own right," says Chief Executive Nigel Knowles.

Current stock price: 99.66 pence, up 4.3% on Tuesday

Year-to-date change: up 22%

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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