Business
FY23 Trading Update
FY23 Trading Update.
About this update from Gateley (holdings) Plc
[{"type":"text","content":"\n\n2 June 2023\nGATELEY (HOLDINGS) PLC\n(\"Gateley\" or the \"Group\")\n \nFY23 Trading Update\nGrowth in-line with market expectations\n \nGateley (AIM: GTLY), the legal and professional services group, is pleased to announce a trading update for the year ended 30 April 2023 (\"FY23\"), ahead of the publication of its audited results in late July 2023.\n \nThe board is pleased with the Group's performance for FY23, a year of further revenue growth demonstrating the resilience of the Group's diversified business model. Revenue for FY23 is expected to be not less than £161m, a c.17% increase on the prior year (FY22: £137.2m) with underlying adjusted profit before tax expected to be in line with market expectations. The Group had net cash (pre IFRS 16 liabilities) of £4.3m at the period end.\n \nRod Waldie, Chief Executive Officer of Gateley, said:\n \n\"I am pleased with the performance of the Group, in what has been a challenging year politically and economically. I would like to thank our ever-expanding client base for their trust and support and our people who continue to work tirelessly to constantly deliver for our clients.\n \n\"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.\"\n \nEnquiries:\n \n\n\n\n\nGateley (Holdings) Plc\n\n\n\n\n\n\n\nNeil Smith, Chief Financial Officer\n\n\nTel: +44 (0) 121 234 0196\n\n\n\n\nNick Smith, Acquisitions Director and Head of Investor Relations\n\n\nTel: +44 (0) 20 7653 1665\n\n\n\n\nCara Zachariou, Head of Corporate Communications\n\n\nTel: +44 (0) 121 234 0074 Mob: +44 (0) 7703 684 946\n\n\n\n\nLiberum - Nominated Adviser and Broker\nRichard Lindley/Ben Cryer/Cara Murphy\n\n\n \nTel: +44 (0) 20 3100 2000\n\n\n\n\n\n\n\n\n\n\n\n\nBelvedere Communications Limited - Financial PR\n\n\n\n\n\n\n\nCat Valentine\n\n\nMob: +44 (0) 7715 769 078\n\n\n\n\nKeeley Clarke\n\n\nMob: +44 (0) 7967 816 525\n\n\n\n\nLlew Angus\n\n\nMob: +44 (0) 7407 023 147\n\n\n\n\n\n\n\[email protected]\n\n\n\n\n ...