The Gateley (Holdings) Plc Board is recommending a final FY26 dividend of 2.0p per share, to be approved by shareholders at our AGM later in the year, which alongside the 3.3p interim dividend totals 5.3p dividends per share FY26 (FY25: 9.5p).
Subject to shareholder approval at the 2026 AGM, the final dividend will be paid on 13 November 2026 to shareholders on the register at the close of business on 16 October 2026.
Other financial highlights include:
Revenue increased by 8.2% to £194.3m (FY25: £179.5m); up 6.2% on an organic basis.
Contribution increased by 11.6% to £67.7m (FY25: £60.7m) at a 34.9% margin (FY25: 33.8%), reflecting increased fee levels, while maintaining good activity levels on relatively flat fee-earner headcount.
Adjusted operating profit increased 2.7% to £21.5m (FY25: £20.9m) with an 11.1% margin (FY25: 11.7%), reflecting targeted investments in administrative support teams and systems, part offset by active management of variable costs.
Adjusted profit before tax was £21.6m (FY25: £23.3m) and adjusted EPS was 11.48p (FY25: 12.77p), driven primarily by a decrease in net interest income.
On a statutory basis, operating profit almost doubled to £7.5m (FY25: £4.0m) and profit before tax grew 20.4% to £7.7m (FY25: £6.4m), after deducting reduced adjusting items.
Net debt of £25.3m at the year end (30 April 2025: £6.6m), driven by increased working capital, alongside acquisition consideration payments, dividends paid and EBT share purchases.
