As foreshadowed by the trading update in May, Gateley has delivered results in line with expectations. This continues a pattern of organic growth (pre- and post-IPO) on a broad front supplemented by acquisitions of complementary professional services businesses. A focus on long term projects and cross-selling with a diverse client base, coupled with some counter-cyclic business lines lends considerable confidence and we suggest the FY’20 PER discount of nearly 40% to the generally similar Knight ....
16 Jul 2019
FY’19 results – delivery and opportunity
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FY’19 results – delivery and opportunity
Gateley (Holdings) Plc (GTLY:LON) | 120 0 0.0% | Mkt Cap: 158.6m
- Published:
16 Jul 2019 -
Author:
Trevor Griffiths -
Pages:
3
As foreshadowed by the trading update in May, Gateley has delivered results in line with expectations. This continues a pattern of organic growth (pre- and post-IPO) on a broad front supplemented by acquisitions of complementary professional services businesses. A focus on long term projects and cross-selling with a diverse client base, coupled with some counter-cyclic business lines lends considerable confidence and we suggest the FY’20 PER discount of nearly 40% to the generally similar Knight ....