Guildford- and Reading-based Gateley says it is on target to grow revenue

Published by

Peter Davison

Rod Waldie

Legal and professional services group Gateley has told investors it is on track to increase revenues by 17 per cent despite a "challenging year politically and economically".

The Birmingham-headquartered firm, which has offices in Guildford and Reading said on Friday that t expects to report revenue of at least £161 million in the year ended April 30 – up from £137.2 million a year earlier.

It also expects underlying adjusted pretax profit to be in line with market expectations.

Chief Executive Officer Rod Waldie said: "Whilst the macro challenges facing the economy remain, we look forward to continuing to grow and diversify the business further, both organically and via acquisition.

"We remain committed to our purpose of delivering results that delight our clients, inspire our people and support our communities, and deliver strong returns for all of our stakeholders."

Audited financial results are expected in late July.

Peter Davison

Peter Davison is deputy editor of The Business Magazine. He has spent his life in journalism – doing work experience in newsrooms in and around Bristol while still at school, and landing his first job on a local newspaper aged 19. By 28 he was the youngest newspaper editor in the country. An early advocate of online news, he spent the first years of the 2000s telling his bosses that the internet posed both the biggest opportunity and greatest threat to the newspaper industry and the art of journalism. He was right on both counts. Since 2006 he has enjoyed a career as a freelance journalist. He lives in rural Wiltshire with one wife, two children, and three cats.