Gateley has reported H1’20 results in line with or marginally better than implied by last November’s trading update, continuing a long track record of consistent growth since IPO nearly five years ago. As a quality UK domestic earnings business, the shares have enjoyed a good run as political risk has abated following the General Election. However the valuation remains undemanding for a business that: a) continues to grow organically; b) augments this growth with synergistic bolt-
14 Jan 2020
Reliable growth in UK professional services
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Reliable growth in UK professional services
Gateley (Holdings) Plc (GTLY:LON) | 120 0 0.0% | Mkt Cap: 158.6m
- Published:
14 Jan 2020 -
Author:
Trevor Griffiths -
Pages:
3
Gateley has reported H1’20 results in line with or marginally better than implied by last November’s trading update, continuing a long track record of consistent growth since IPO nearly five years ago. As a quality UK domestic earnings business, the shares have enjoyed a good run as political risk has abated following the General Election. However the valuation remains undemanding for a business that: a) continues to grow organically; b) augments this growth with synergistic bolt-