Gateley has released a very positive trading update, highlighting a strong conclusion to the year to 30th April. Revenue and PBT are both expected to be materially ahead of expectations, reflecting a highly supportive backdrop and the careful management of costs during the pandemic. We will update forecasts alongside the pre-close later this month and tentatively anticipate a mid-teens PBT/EPS upgrade. An interim dividend of 2.5p has been declared with a final to follow (total dividend expected ....
06 May 2021
Positive year end update, upgrades to follow
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Positive year end update, upgrades to follow
Gateley (Holdings) Plc (GTLY:LON) | 120 0 0.0% | Mkt Cap: 158.6m
- Published:
06 May 2021 -
Author:
James Tetley -
Pages:
3
Gateley has released a very positive trading update, highlighting a strong conclusion to the year to 30th April. Revenue and PBT are both expected to be materially ahead of expectations, reflecting a highly supportive backdrop and the careful management of costs during the pandemic. We will update forecasts alongside the pre-close later this month and tentatively anticipate a mid-teens PBT/EPS upgrade. An interim dividend of 2.5p has been declared with a final to follow (total dividend expected ....