Gateley (Holdings) Plc
('Gateley' or the 'Group')
Trading Update
Gateley (AIM:GTLY), a national commercial law firm and complementary business services group, is pleased to announce an update on trading ahead of its interim results for the six months ended 31 October 2016.
Trading for the first half of the year has been good with growth in revenue and operating profit supported by good cash generation in line with the Board's expectations.
The Board looks forward to the second half of the financial year, with further organic growth in the Group's core legal services, augmented by the contributions from our recently acquired complementary businesses of Gateley Capitus and Gateley Hamer combining to deliver on Gateley's diversification strategy.
The Board expects to announce the Group's half year results in early December 2016.
Enquiries:
Neil Smith, Finance Director
Tel: +44 (0) 121 234 0196
Nick Smith, Acquisitions Director and Head of Investor Relations
Tel: +44 (0) 20 7653 1665
Matt Taylor, Interim Head of Communications
Tel: +44 (0) 121 212 7852
Cantor Fitzgerald Europe - Nominated adviser and broker
David Foreman / Marc Milmo / Michael Reynolds (Corporate Finance)
Tel: +44 (0) 20 7894 7000
Mark Westcott / Caspar Shand Kydd (Sales)
IFC Advisory - Financial PR Adviser
Tel: +44 (0) 20 3053 8671
Tim Metcalfe / Graham Herring / Heather Armstrong / Miles Nolan