Gateley (Holdings) (GTLY)

Sector:

Support

Index:

FTSE AIM 100

125.50p
   
  • Change Today:
      1.50p
  • 52 Week High: 141.50p
  • 52 Week Low: 115.00p
  • Currency: UK Pounds
  • Shares Issued: 133.52m
  • Volume: 44,793
  • Market Cap: £167.57m
  • RiskGrade: 166
  • Beta: 0.03

Gateley flags resilient first-half performance

By Josh White

Date: Wednesday 22 Nov 2023

LONDON (ShareCast) - (Sharecast News) - Professional services group Gateley said in a trading update on Wednesday that, despite facing a challenging market due to macroeconomic conditions, it managed a resilient performance in the half-year just ended.
The AIM-traded firm said revenue in the six months ended 31 October was ahead 7%, and was anticipated to be no less than £81.5m.

Underlying profit before tax was expected to exceed £10m, making for growth of about 4%.

Comparing the second quarter to the first, Gateley said it saw an improvement in activity levels, as trading remained aligned with the board's expectations for the full year.

However, the board said it maintained a cautious outlook, mindful of current economic conditions.

Gateley said its financial position remained robust, with low net debt of £3.1m at the end of the first half.

That came after investments in both inorganic and organic growth opportunities aligned with its long-term strategic plan.

"Given the economic conditions during the period, I am pleased with the group's performance in the first half and improving activity levels as the financial year progresses mean that we are carrying good momentum into the second half," said chief executive officer Rod Waldie.

"Whilst the macroeconomic and geopolitical outlook remains uncertain, the group continues to benefit from the resilience created by our strategy of investing in a diverse and complementary range of professional services.

"Our balance sheet provides a strong foundation from which to take a long-term view of potential opportunities to further invest in both legal and consultancy services."

At 1252 GMT, shares in Gateley Holdings were down 2.48% at 157p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

GTLY Market Data

Currency UK Pounds
Share Price 125.50p
Change Today 1.50p
% Change 1.21 %
52 Week High 141.50p
52 Week Low 115.00p
Volume 44,793
Shares Issued 133.52m
Market Cap £167.57m
Beta 0.03
RiskGrade 166

GTLY Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
51.25% above the market average51.25% above the market average51.25% above the market average51.25% above the market average51.25% above the market average
67.06% above the sector average67.06% above the sector average67.06% above the sector average67.06% above the sector average67.06% above the sector average
Price Trend
44.3% below the market average44.3% below the market average44.3% below the market average44.3% below the market average44.3% below the market average
23.4% below the sector average23.4% below the sector average23.4% below the sector average23.4% below the sector average23.4% below the sector average
Income
80.36% above the market average80.36% above the market average80.36% above the market average80.36% above the market average80.36% above the market average
55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average
Growth
85.07% below the market average85.07% below the market average85.07% below the market average85.07% below the market average85.07% below the market average
84.27% below the sector average84.27% below the sector average84.27% below the sector average84.27% below the sector average84.27% below the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 2
Sell 0
Strong Sell 0
Total 5
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

GTLY Dividends

  Latest Previous
  Final Interim
Ex-Div 09-Oct-25 20-Feb-25
Paid 14-Nov-25 31-Mar-25
Amount 6.20p 3.30p

Trades for 22-Jul-2025

Time Volume / Share Price
14:12 1,000 @ 123.33p
14:11 1,000 @ 123.33p
14:10 1,000 @ 123.33p
14:06 34 @ 123.63p
13:35 10,000 @ 125.75p

GTLY Key Personnel

Finance Director Neil Andrew Smith
CEO Rod Waldie
Chair Edward Knapp

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