Gateley’s FY20 results highlight another year of revenue and underlying profit growth despite the impact of COVID-19 in the final two months of the year. Swift action was taken in response to the pandemic and the Group ended the year in a strong position with negligible net debt and activity improving. Given the track record of growth through previous cycles and the strength of Gateley’s market position, we fully expect the Group to return to, and exceed, previous levels of profitability over ti ....
29 Sep 2020
Recovery underway, growth strategy firmly intact
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Recovery underway, growth strategy firmly intact
Gateley (Holdings) Plc (GTLY:LON) | 120 0 0.0% | Mkt Cap: 158.6m
- Published:
29 Sep 2020 -
Author:
James Tetley -
Pages:
3
Gateley’s FY20 results highlight another year of revenue and underlying profit growth despite the impact of COVID-19 in the final two months of the year. Swift action was taken in response to the pandemic and the Group ended the year in a strong position with negligible net debt and activity improving. Given the track record of growth through previous cycles and the strength of Gateley’s market position, we fully expect the Group to return to, and exceed, previous levels of profitability over ti ....