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IN BRIEF: Keystone Law expects FY revenue, profit ahead of views

ALN

Keystone Law Group PLC - London-based provider of legal services - Expects revenue and adjusted profit before tax for the year ended January 31 to be ‘slightly ahead’ of market expectations. The company cites strong client demand and contributions from newly joined lawyers as key drivers of growth. Recruitment ‘remained buoyant’, with 50 new principals joining during the year, bringing the total to 455 principals and 576 fee earners.

Chief Executive Officer James Knight says: ‘The calibre of the lawyers now joining the business is superb, reflecting the market leading position which Keystone holds. By placing quality at the centre of everything we do, we continue to drive long term, sustainable growth across the business and value creation for all our stakeholders.’

Full-year results will be published on May 31.

Current stock price: 532.00 pence, closing up 3.3% in London on Wednesday.

12-month change: down 1.5%

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