3rd Jun 2019 10:37
LONDON (Alliance News) - DWF Group PLC on Monday said it has made a "solid start" to the new financial year underpinning confidence that it will continue to deliver revenue and earnings growth after its spring listing in London.
Furthermore, with regards to the year that ended on April 30, the legal services company said it expects revenue to rise by "not less than 15%" after achieving growth across each of its divisions.
International recorded the "strongest growth" with revenue increasing by more than 70%. Connected Services saw growth during the year in excess of 20%. Insurance & Commercial Services also delivered strong growth, the company said, with organic revenue growth in excess of 5%.
"This has been another year of strong financial performance across our business, including good organic growth rates in our insurance and commercial services divisions and double-digit growth in Connected Services and International, providing a firm foundation on which to begin life as a public company," Chief Executive Officer Andrew Leaitherland.
The company listed on the Main Market of the London Stock Exchange in March.
DWF will publish its annual results on July 31.
DWF shares were trading up 1.7% at 120.57 pence each on Monday.
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DWF.L