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Gateley Holdings PLC

Gateley Holdings' revenues top £100mln for the first time

The number of fee earners rose 20% to 610, while staff numbers overall are now approaching 1,000 said the legal firm.

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Professional services is where Gateley has expanded

Revenues at listed commercial law firm Gateley PLC (LON:GTLY) topped £100mln for the first time helped by three acquisitions over the year.

The number of fee earners rose 20% to 610, while staff numbers overall are now approaching 1,000 said the legal firm.

Sales for the year to April rose to £103mln (£86mln) and profits increased 8.9% to £15.9mln while shareholders were regarded with a 14.3% hike in the dividend.

Michael Ward, chief executive, said Gateley remains very well-placed in a changing legal market and is looking for additional businesses to add to its range of services.

Ward is stepping down next April and will be replaced  by Rod Waldie.

Quick facts: Gateley Holdings PLC

Price: £1.60

Market: AIM
Market Cap: £177.53 m
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