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Gateley Holdings PLC said on Monday its trading in the year ended April 30 was ahead of consensus expectations, noting strong growth in revenue.
It now expects revenue at £137 million, up 13% against the previous year's figure of £121.4 million and 2.6% above the market consensus of £133.5 million.
Pretax profit is expected at £18 million, up 10% against £16.3 million from the previous year.
Gateley said its Property Platform grew by 15% due to a greater market share and larger transactions while its People Platform saw a return to ‘significant growth’ across both its legal and consultancy service lines, where combined revenue grew by 40% against the prior year.
The legal and professional services provider added that trading since the start of its new financial year has been in line with its expectations as it copes well with ongoing inflationary headwinds.
Shares in Gateley were up 0.5% at 213.00 pence on Monday morning in London.
Gateley will announce it full-year results in September.
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