15th Jul 2025 14:47
Gateley Holdings PLC - Birmingham, England-based legal and consultancy firm - Maintains its annual payout unchanged despite profit more than halving in the financial year that ended April 30. Gateley reports GBP6.4 million in pretax profit, down 54% from GBP14.0 million in financial 2024. Revenue rises 4.1% to GBP179.5 million from GBP172.5 million, in line with guidance provided in June. This lifts underlying operating profit by 3.3% to GBP20.9 million from GBP20.3 million. However, Gateley takes GBP16.9 million in non-underlying operating costs and exceptional items, compared to GBP9.1 million the year before. The non-underlying operating costs include remuneration for post-combination services, gain on bargain purchase, share-based payment charges, and acquisition-related amortisation. Gateley says its acquisition of Richard Julian & Associates Ltd has been integrated and is trading ahead of expectations. Read More
