Gateley have confirmed strong progress for FY18 with revenue growth of at least 8% and EBITDA growth over 7%. The group have also strengthened the property activities acquiring GCL creating one of the largest residential development teams in the UK legal market. The acquisition will drive meaningful cost and revenue synergies and we estimate will enhance earnings by 4% in FY19. Gateley shares offer investors access to an established business model set to directly benefit from the changing str
21 May 2018
Trading update & GCL acquisition
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Trading update & GCL acquisition
Gateley (Holdings) Plc (GTLY:LON) | 123 0 0.0% | Mkt Cap: 161.9m
- Published:
21 May 2018 -
Author:
Ben Thefaut -
Pages:
4
Gateley have confirmed strong progress for FY18 with revenue growth of at least 8% and EBITDA growth over 7%. The group have also strengthened the property activities acquiring GCL creating one of the largest residential development teams in the UK legal market. The acquisition will drive meaningful cost and revenue synergies and we estimate will enhance earnings by 4% in FY19. Gateley shares offer investors access to an established business model set to directly benefit from the changing str