Gateley puts strong revenue growth down to business resilience
Legal and professional services firm Gateley has posted strong half year results with revenues up by 22 per cent.
The company, which has offices nationwide including Reading and Guildford, reported that the six months to October 31 had showed that year-on-year revenue is expected to be confirmed at not less than £76m citing the resilience of its business model as being key to its performance.
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The first half yearly results, which will be confirmed in January, also showed profit was up by 11 per cent on the same period last year coming in at £9.4m.
Rod Waldie, Chief Executive Officer of Gateley, said: "In a period that included previously announced investment to strengthen our operating model and some predicted and appropriate post-pandemic increases in operating costs, our resilient business model, enhanced by an increasing range of complementary services, and our embedded 'one-team' culture, remain the driving forces behind another strong financial performance by the Group.
"We are excited by the wide range of opportunities that are presenting themselves to the Group and look forward to continuing to grow the business, both organically and via acquisition, in line with our stated strategy."
Gateley Legal’s Residential Development team in Guildford announced in October that it had expanded with 16 new appointments following the growth of its client base in London, the South East and parts of the South West.
Caption: The new appointments to Gateley's Guildford office. Credit: Gateley