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Pin to quick picksGateley Holdings Regulatory News (GTLY)

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Hardman & Co Research: Gateley (Holdings) Plc (GTLY): Fiscal 2018 Trading Update and Acquisition

31 May 2018 16:45

Hardman & Co Research Hardman & Co Research: Gateley (Holdings) Plc (GTLY): Fiscal 2018 Trading Update and Acquisition 31-May-2018 / 16:45 GMT/BST


Hardman & Co Research: Fiscal 2018 Trading Update and Acquisition

Gateley is a broad-based commercial law and complementary professional services group. It is a leader in the UK mid market, and has seen double digit revenue and profit growth over more than 10 years. This trading update confirmed that full year FY18 results will meet market expectations, and was accompanied by its third acquisition since IPO, the first in the legal sector. The deal is highly complementary and was done with a mix of shares and cash, an option not available pre-IPO. We have fine-tuned our next year forecasts upwards for the acquisition, which is immediately earnings enhancing.

Please click here for the full report:

http://hardmanandco.com/docs/default-source/company-docs/gateley-plc-documents/31.05.18-fiscal-2018-trading-update-and-acquisition.pdf

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Dissemination of a CORPORATE NEWS, transmitted by EQS Group.The issuer is solely responsible for the content of this announcement.


End of Announcement - EQS News Service

691425 31-May-2018 

corporate announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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