Preliminary results
Year ended 30 April 2023
"Continuing track record of delivery"
Presentation team
2
Neil Smith FCCA | Rod Waldie | Nick Smith | ||
Chief Financial Officer | Chief Executive Officer | Acquisitions Director | ||
FY23 overview
3
Revenues up 18.6% and underlying profit before tax up 16.2%
Building resilience - consultancy revenue as % of total FY23 revenue up from 15.5% to 25.7%
Platform expansion:
Acquisition of Symbiosis Oct 22
Acquisition of RJA post-period end Jul 23
Total Revenue | Total Revenue | Total Revenue | Total Revenue | Total Revenue |
£163m up 18.6% | £61.4m up 33.0% | £38.1 up 1.9% | £18.0m up 21.5% | £19.2m up 6.6% |
Group | Property | Corporate | Business | People |
Services | ||||
Legal 74.3% | Legal 64.7% | Legal 97.2% | Legal 67.3% | |
Legal 76.6% | ||||
Consulting 25.7% | Consulting 35.3% | Consulting 2.8% | Consulting 32.7% | |
Consulting 23.4% | ||||
Legal growth 4.9% | Legal growth 9.2% | Legal growth 1.0% | Legal growth (0.6)% | Legal growth 7.0% |
Consulting growth 96.4% | Consulting growth 121.4% | Consulting growth 44.9% | Consulting growth 343.9% | Consulting growth 5.8% |
Platform insight
4
Property | Corporate | Business services | People | |||
Platform | Platform | Platform | Platform | |||
18% | ||
35% | ||
Platform | ||
mix | ||
31% | ||
2% | 11% | |
3% | ||
Real Estate | Housebuilding | |
Construction | Planning | |
Disputes | Consultancy |
3% | 23% | ||||||||
6% | |||||||||
18% | 29% | ||||||||
13% | 3% | 33% | |||||||
Platform | Platform | 44% | Platform | ||||||
7% | mix | mix | mix | ||||||
11% | 14% | ||||||||
7% | |||||||||
53% | 11% | 24% | |||||||
Banking | Corporate | Commercial litigation | Employment | Pensions | |||||
Commercial | Restructuring | Private Client | Consultancy | ||||||
Complex & International Dispute Resolution | |||||||||
Tax | Consultancy | ||||||||
Regulatory
IPCT
Reputation management
Consultancy
Track record
5
Revenue, underlying profit before tax and dividend growth via consistent strategy | |
Revenue growth ahead of overall professional services market* | 162.7 |
137.2 | |||||||||||||||||||
121.4 | |||||||||||||||||||
103.5 | 109.8 | ||||||||||||||||||
86.1 | |||||||||||||||||||
77.6 | |||||||||||||||||||
60.9 | 67.1 | ||||||||||||||||||
53.8 | |||||||||||||||||||
(£m) | 50.7 | ||||||||||||||||||
44.9 | |||||||||||||||||||
43.2 | |||||||||||||||||||
26.8 | 29 | 33.3 | |||||||||||||||||
22.5 | |||||||||||||||||||
17.2 | 19.4 | ||||||||||||||||||
14.1 | |||||||||||||||||||
2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Global | Gateley | Brexit | |||||||||||||||||
Financial | IPO | Covid | |||||||||||||||||
Crisis | Ukraine | ||||||||||||||||||
Proposed 6.2p final dividend giving full year dividend up 12% to 9.5p
*ONS data 2008-2020
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Disclaimer
Gateley (Holdings) plc published this content on 07 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 September 2023 14:12:03 UTC.