Business
Half year results
Gateley (Holdings) Plc reported a 9.3% increase in revenue to £94.3 million for the six months ended 31 October 2025, driven by strong organic growth of 8.6% and improved fee earner utilization to 89%. Legal services revenue grew by 10.9% organically, while consultancy services saw a 5.5% increase to £27.1 million. Despite a pre-Budget slowdown impacting transactional services, leading to a decrease in underlying operating profit margin to 9.2% and underlying profit before tax to £9.5 million, the company remains confident in meeting full-year consensus expectations and proposed an interim dividend of 3.3p per share. Net debt stood at £19.6 million at the period end. Disclaimer*
About this update from Gateley (holdings) Plc
[{"type":"text","content":"\n\n \n\n\n\n\n9 December 2025\n\n\n \n\n\n\n\n \n \nGateley (Holdings) Plc\n(\"Gateley\", the \"Group\" or the \"Company\")\n(AIM:GTLY)\n \nHalf Year results for the six months ended 31 October 2025\n \nStrong organic growth as investments and operational improvements deliver\n \nGateley, the professional services group, is pleased to announce its unaudited results for the six months ended 31 October 2025 (the \"Period\" or \"H1 26\"). \n \nFinancial Highlights\n \n\n\n\n\n·\n\n\nGroup revenue up 9.3% to £94.3m (H1 25: up 5.3% to £86.3m); organic revenue growth of 8.6% (H1 25: 3.2%)\n\n\n\n\n·\n\n\nRevenue growth driven by increased fee earner utilisation of 89% (H1 25: 88%) and positive returns from prior patient investment and implementation of pricing and conversion strategy\n\n\n\n\n·\n\n\nLegal services revenue grew entirely organically by 10.9% (H1 25: 2.1%)\n\n\n\n\n·\n\n\nRevenue from consultancy services grew 5.5% to £27.1m (H1 25: £25.7m), of which organic growth was 3.2% (H1 25: 6.1%)\n\n\n\n\n·\n\n\nUnderlying operating profit margin at 9.2% (H1 25: 10.5%), resulting from the pre-Budget Q2 slowdown in transactional services alongside ongoing patient investment\n\n\n\n\n·\n\n\nUnderlying profit before tax of £9.5m (H1 25: £10.6m)\n\n\n\n\n·\n\n\nNet debt of £19.6m at the Period end, driven by acquisition consideration payments, working capital movements and EBT share purchases, with significant headroom remaining\n\n\n\n\n·\n\n\nManagement is confident of meeting full year consensus expectations4\n\n\n\n\n·\n\n\nProposed interim dividend of 3.3p (H1 25: 3.3p) per share\n\n\n\n\n \n\n\n\n\nHeadline and underlying\n\n\nH1 26\n\n\nH1 25\n \n\n\nChange\n\n\n\n\nGroup revenue\n\n\n£94.3m\n\n\n£86.3m\n\n\n9.3%\n\n\n\n\nGroup underlying operating profit\n\n\n£8.6m\n\n\n£9.1m\n\n\n(4.8)%\n\n\n\n\nGroup underlying profit before tax1\n\n\n£9.5m\n\n\n£10.6m\n\n\n(10.8)%\n\n\n\n\nUnderlying diluted EPS2\n\n\n5.65p\n\n\n6.63p\n\n\n(14.8)%\n\n\n\n\nNet assets\n\n\n£71.1m\n\n\n£80.8m\n\n\n(12.0)%\n\n\n\n\nNet (debt)/cash3\n\n\n£(19.6)m\n\n\n£1.2m\n\n\n \n\n\n\n\nDividend\n\n\n3.3p\n\n\n3.3p\n\n\n-\n\n\n\n\n \n\n\n\n\nReported\n\n\nH1 26\n\n\nH1 25\n \n\n\nChange\n\n\n\n\nGroup profit before tax\n\n\n£6.3m\n\n\n£3.3m\n\n\n90.4%\n\n\n\n\nGroup profit after tax...