Knights Group Holdings PLC - Newcastle-under-Lyme, Staffordshire-based legal and professional services firm - Expects revenue of about £142 million for the financial year that ended on April 30, up 13% from £125.6 million the year before. Expects underlying pretax profit to be about £21.5 million, up 19% from £18.1 million in financial 2022. Says it is making ‘strong progress in driving operational improvements and productivity across the business’.

Chief Executive Officer David Beech says: ‘Knights has made good progress during the year, delivering on our strategy of selectively making acquisitions, attracting high quality talent, driving operational improvements across the business and strengthening our team of Client Services directors.’

In January, Knights Group said revenue increased by 19% to £71.2 million in the six months that ended October 31 from £59.7 million a year before, sending pretax profit up to £4.1 million from £848,000.

Current stock price: 90.30p pence each, up 6.2% on Friday morning in London

12-month change: down 28%

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