Despite the impact of COVID, Gateley has reported H1 2021 adj. EPS growth of +7%. The Group traded profitably and was cash positive throughout H1 and continues to do so in H2. Net cash was £9.3m at October 2020. Management remains confident that the reinstated expectations can be achieved, and we make no changes to our forecasts. With corporates needing support from trusted advisers as they adapt to the new market conditions and demand drivers, and the prospect of improved efficiency following t ....
12 Jan 2021
Gateley - Utilisation has recovered strongly


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Gateley - Utilisation has recovered strongly
Gateley (Holdings) Plc (GTLY:LON) | 178 0 0.0% | Mkt Cap: 209.7m
- Published:
12 Jan 2021 -
Author:
Guy Hewett -
Pages:
8 -
Despite the impact of COVID, Gateley has reported H1 2021 adj. EPS growth of +7%. The Group traded profitably and was cash positive throughout H1 and continues to do so in H2. Net cash was £9.3m at October 2020. Management remains confident that the reinstated expectations can be achieved, and we make no changes to our forecasts. With corporates needing support from trusted advisers as they adapt to the new market conditions and demand drivers, and the prospect of improved efficiency following t ....