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Gateley Holdings PLC - Birmingham, England-based legal and consultancy firm - Maintains its annual payout unchanged despite profit more than halving in the financial year that ended April 30. Gateley reports £6.4 million in pretax profit, down 54% from £14.0 million in financial 2024. Revenue rises 4.1% to £179.5 million from £172.5 million, in line with guidance provided in June. This lifts underlying operating profit by 3.3% to £20.9 million from £20.3 million. However, Gateley takes £16.9 million in non-underlying operating costs and exceptional items, compared to £9.1 million the year before. The non-underlying operating costs include remuneration for post-combination services, gain on bargain purchase, share-based payment charges, and acquisition-related amortisation. Gateley says its acquisition of Richard Julian & Associates Ltd has been integrated and is trading ahead of expectations. Gateley keeps its final dividend at 6.2 pence, giving an unchanged full-year payment of 9.5p. Looking ahead, Gateley says it is trading in line with market consensus for financial 2026, which it puts at underlying pretax profit of £23.6 million on £187.2 million in revenue. Current stock price: 132.50 pence 12-month change: down 3.3% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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