16th Jul 2015 09:01
LONDON (Alliance News) - Commercial law firm Gateley (Holdings) PLC said it continued to perform well in the second half of its financial year to the end of June and expects earnings to meet its expectations.
The company said the good trading conditions seen in the first half continued into the second, with strong fee income growth and good demand set to push its revenue for the year to at least GBP60 million, up 10% year-on-year.
Earnings before interest, taxation, depreciation and amortisation are expected to be in line with its expectations, Gateley said.
"We are encouraged to report such a strong trading statement, our first as a public company. Post-admission to AIM, Gateley continues to trade very well and we look to the future with confidence," said Chief Executive Michael Ward.
Gateley shares were up 1.7% to 98.64 pence on Thursday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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