Gateley (Holdings) (GB:GTLY) has released an update.
Gateley (Holdings) PLC, a professional services group, reported a revenue increase of about 5.7% to at least £172.0m and anticipates an underlying profit before tax of no less than £22.8m for FY 2024, despite a decision to provision £4.5m for employee bonuses. The company maintains a strong balance sheet with £3.3m in net cash and continues its strategic investment for growth. Amidst these financial updates, the announcement also included the departure of David Wilton as Chairman designate and the ongoing search for his replacement.
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