20th Nov 2018 12:46
LONDON (Alliance News) - Knights Group Holdings PLC said Tuesday that first half results will be in line with expectations, with a double digit year-on-year increase in organic revenue alongside strong growth in earnings before interest, taxes, depreciation and amortisation.
In the half year ended October 31, the legal and professional services business acquired two businesses, Turner Parkinson in Manchester and Spearing Waite in Leicester, and integration of both businesses is proceeding to plan.
"The group continues to make excellent progress, and we remain confident in our growth plans following June's successful listing on AIM. We continue to see exciting opportunities in the regional legal sector and will look to make further acquisitions of businesses which offer complementary services in targeted geographies and sectors," said Chief Executive David Beech.
The company is slated to release its half year results on January 15, 2019. Shares in the company were trading 7.1% lower at 202.00 pence each.
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