Gateley (Holdings) PLC FY23 Trading Update (4066B)
02 Junio 2023 - 1:00AM
UK Regulatory
TIDMGTLY
RNS Number : 4066B
Gateley (Holdings) PLC
02 June 2023
2 June 2023
GATELEY (HOLDINGS) PLC
("Gateley" or the "Group")
FY23 Trading Update
Growth in-line with market expectations
Gateley (AIM: GTLY), the legal and professional services group,
is pleased to announce a trading update for the year ended 30 April
2023 ("FY23"), ahead of the publication of its audited results in
late July 2023.
The board is pleased with the Group's performance for FY23, a
year of further revenue growth demonstrating the resilience of the
Group's diversified business model. Revenue for FY23 is expected to
be not less than GBP161m, a c.17% increase on the prior year (FY22:
GBP137.2m) with underlying adjusted profit before tax expected to
be in line with market expectations. The Group had net cash (pre
IFRS 16 liabilities) of GBP4.3m at the period end.
Rod Waldie, Chief Executive Officer of Gateley, said:
"I am pleased with the performance of the Group, in what has
been a challenging year politically and economically. I would like
to thank our ever-expanding client base for their trust and support
and our people who continue to work tirelessly to constantly
deliver for our clients.
"Whilst the macro challenges facing the economy remain, we look
forward to continuing to grow and diversify the business further,
both organically and via acquisition. We remain committed to our
purpose of delivering results that delight our clients, inspire our
people and support our communities, and deliver strong returns for
all of our stakeholders."
Enquiries:
Gateley (Holdings) Plc
Neil Smith, Chief Financial Officer Tel: +44 (0) 121 234
0196
Nick Smith, Acquisitions Director and Head Tel: +44 (0) 20 7653
of Investor Relations 1665
Cara Zachariou, Head of Corporate Communications Tel: +44 (0) 121 234
0074 Mob: +44 (0)
7703 684 946
Liberum - Nominated Adviser and Broker
Richard Lindley/Ben Cryer/Cara Murphy Tel: +44 (0) 20 3100
2000
Belvedere Communications Limited - Financial
PR
Cat Valentine Mob: +44 (0) 7715
769 078
Keeley Clarke Mob: +44 (0) 7967
816 525
Llew Angus Mob: +44 (0) 7407
023 147
gateleypr@belvederepr.com
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END
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June 02, 2023 02:00 ET (06:00 GMT)
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