Wednesday, January 15, 2025

Gateley CEO “pleased” with half year results as revenue and profit rise

The CEO of Gateley, the professional services group, has said he is “pleased” with the acquisitive firm’s half year results.

For the six months ended 31 October 2024, group revenue grew to £86.3m, up from £82m in the same period of the year prior. Meanwhile, group underlying profit before tax rose to £10.6m, up from £10m.

The results saw growth in legal services revenue (2.1%) overshadowed by revenue from consultancy services, which grew 13.6%.

Rod Waldie, Chief Executive Officer of Gateley, said: “I am pleased with the Group’s performance in H1 25.

“The Group continues to benefit from the resilience created by our strategy of investing in a diverse and complementary range of professional services. We are pleased that our more recent organic investments are beginning to generate positive returns alongside the strong performance from our recently acquired businesses.

“Our balance sheet provides a strong foundation from which to take a long-term view of potential opportunities to further invest in both legal and consultancy services.

“Finally, as always, I would like to thank our clients for their support and our dedicated people for their ongoing hard work, commitment and can-do attitude.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemichaving a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £31.50 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.








Latest news

Related news