LONDON (ShareCast) - (Sharecast News) - Gateley said in an update on Tuesday that it expects to report full-year revenue of at least £179.0m for the 12 months ended 30 April, up around 4% on the prior year, with three-quarters of that growth delivered organically.
The AIM-traded professional services group said underlying profit before tax would be broadly in line with market expectations.

It said it maintained its underlying operating margin year-on-year, though lower interest rates led to a fall in net interest income.

Gateley said it remained focused on its long-term strategy to diversify and strengthen the business through continued investment.

Net debt stood at £6.6m at the end of the period, compared with a net cash position of £3.8m a year earlier.

The shift reflected the company's decision to fund its employee benefit trust, part of its strategy to recycle equity and incentivise senior staff.

Its board said it intended to propose a final dividend of 6.2p per share, taking the total payout for the year to 9.5p, in line with the prior year.

Full-year results were scheduled for release on 15 July.

"We are pleased to report growth for 2025, set against an unpredictable economic backdrop during large parts of the period," said chief executive officer Rod Waldie.

"This growth was contributed to by recently made investments in new service lines delivering good returns in year.

"In-period highlights include the renewal of and increase in our revolving credit facility to £80m, primarily to support further investment in our strategy for diversified growth of the group."

Waldie said Gateley was thus "well-positioned" to further execute its strategy in the 2026 financial year, both organically and with an active acquisition pipeline.

"In the meantime, the group is carrying good momentum into the current financial year and, whilst aware of the unpredictable macro environment, we look forward to the future with confidence."

At 1231 BST, shares in Gateley Holdings were down 1.93% at 127p.

Reporting by Josh White for Sharecast.com.

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