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Gateley profits up 9% as revenues break £100m barrier for first time

By BFN News | 09:41 AM | Tuesday 16 July, 2019

Gateley, the legal and professional services group said profit before tax grew 9% during a year in which the company achieved record-breaking revenue. For the year ended 30 April 2019, profit before tax increased 8.9% to £15.9m and revenue increased 20.2% to £103.5m. The company proposed a final dividend of 5.4p per share, up from 4.8p last year, representing a full year dividend of 8.0p per share, up 14.3% from last year. 'I am delighted that our legal and professional services Group has broken the £100m revenues barrier for the first time, as we delivered another excellent financial performance whilst continuing to take advantage of opportunities to diversify revenue streams through complementary acquisitions,' said Michael Ward, CEO of Gateley. 'The new financial year has started very well and we continue to look to the future with confidence.' At 9:41am: (LON:GTLY) Gateley Hldgs Plc share price was +1p at 165p Story provided by

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