Gateley, a professional services group, has reported a “resilient performance” in its half year results, despite facing a challenging market due to macro-economic conditions. According to a trading update, the group’s revenue grew by 7% for the six months ended 31 October 2023 (H1 24), reaching not less than £81.5m. Additionally, the underlying profit before tax is expected to be not less than £10m, marking a 4% growth.
Chief Executive Officer Rod Waldie expressed satisfaction with the group’s performance in H1 24, highlighting improving activity levels as the financial year progresses. He also emphasized the group’s strategy of investing in a diverse and complementary range of professional services, which has contributed to its resilience in the face of uncertain economic and geopolitical outlooks.
Furthermore, Waldie noted that the group’s balance sheet provides a strong foundation for potential opportunities to further invest in both legal and consultancy services. He closed by expressing gratitude to clients for their support and to the dedicated staff for their hard work, commitment, and can-do attitude.