Professional services group Gateley has seen another year of revenue growth – its tenth consecutive year since IPO – against an unpredictable economic backdrop.
According to audited results for the year ended 30 April 2025 (FY25), the business delivered revenue growth of 4.1%, increasing to £179.5m from £172.5m in the year prior.
Meanwhile, group underlying profit before tax rose to £23.3m from £23m, though reported group profit before tax dropped to £6.4m from £14m.
Rod Waldie, CEO of Gateley, said: “FY25 represents another year of revenue and underlying profit growth for Gateley, set against an unpredictable economic backdrop for much of the year. We are particularly pleased that this growth was driven by the combination of positive returns on our recent investments with an increase in activity levels and active management of cost inflation.
“In-Period highlights include the renewal and increase of our revolving credit facility to £80m. This is primarily to support further investment in our diversified growth strategy and our Employee Benefit Trust in facilitating our equity incentivisation and recirculation strategy.
“We remain ever alert to acquisition opportunities that will add value to our diversified portfolio and build on our successful M&A track record. Despite an increasingly competitive backdrop, we are confident in the quality of our pipeline, the rigour of our selective process and we look forward to updating shareholders in due course.
“Looking forward, the resilience of our diversified model, our strong financial foundations, and our unbroken track-record of revenue growth, underpins our confidence. Our long-term strategy of client-focused investment in people augmented by continued improvements in our internal structure and technology, will ensure the Group is positioned well to deliver profitable growth in FY26 and beyond. Whilst we continue to monitor and adjust in response to the unpredictable environment, the Group is carrying good momentum into the current financial year.”
