Trading update

RNS Number : 1466P

Gateley (Holdings) PLC

15 November 2016

 

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:
Gateley (Holdings) Plc Neil Smith, Finance Director	Tel: [phone]
Nick Smith, Acquisitions Director and Head of Investor Relations	Tel: [phone]
Matt Taylor, Interim Head of Communications	Tel: [phone]
Cantor Fitzgerald Europe - Nominated adviser and broker
David Foreman / Marc Milmo / Michael Reynolds (Corporate Finance)	Tel: [phone]
Mark Westcott / Caspar Shand Kydd (Sales)
IFC Advisory - Financial PR Adviser	Tel: [phone]
Tim Metcalfe / Graham Herring / Heather Armstrong / Miles Nolan

 

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