A legal and professional services group with operations in Belfast has posted increases in revenue and pre-tax profits for its latest financial year, with the listed firm eyeing further growth both organically and through acquisition.
Gateley reported revenue of £137.2m for the year to 30 April 2022, up from £121.4m in 2021.
Pre-tax profits jumped from £16.3m to £18m over the same period.
During the year, the firm combined Gateley Tweed, Gateley Capitus and Gateley Legal into one Belfast office as part of a number of changes to its premises under its Gateley Agile initiative.
Gateley employed 1,368 people by the end of the period, rising from 1,081 in the prior year.
The group also secured a new revolving credit facility of £30m to support its growth strategy.
Chief executive Rod Waldie said the business “delivered another set of strong revenue and profit growth figures whilst continuing to strengthen our balance sheet”.
He added: “Legal services generated solid organic revenue growth, comparing favourably with reported UK legal industry performance. Our consultancy service lines delivered impressive organic growth of 26.7 per cent, resulting in overall consolidated group organic revenue growth of 10.9 per cent.
“I am particularly pleased that we completed three exciting consultancy acquisitions in the period and achieved annualised consultancy revenue of over £32m as we continue to grow our complementary services, diversifying our offering and deepening our connections with our clients.
“I thank our ever-expanding client base for their trust and support throughout FY22 and for giving us the opportunity to work with them on high quality mandates. We remain committed to our purpose of delivering results that delight our clients, inspire our people and support our communities.
“We have a good pipeline of work and maintain our expectations for growth in FY23, despite the well-reported inflationary pressures. We look forward to continuing to grow the group, both organically and via acquisition.”