Knights Group Holdings plc (KGH.L), a legal and professional services provider, Monday reported a decline in pre-tax profit for fiscal 2025 due to one-time items, despite higher revenues.
Regarding the current trading, the company noted that its performance at the start of the current year is encouraging and in line with expectations.
Looking ahead, CEO David Beech stated that the firm is confident in further profitable growth in fiscal 2026 and the medium-term.
For the 12-month period, pre-tax profit declined to 12.27 million pounds from 14.83 million pounds last year.
The earnings per share reduced to 8.43 pence from 11.11 pence a year ago.
Underlying pre-tax profit reached to 28 million pounds, compared to 25.32 million pounds last year.
Underlying basic earnings per share came down to 21.81 pence from 23.95 pence in the previous year.
Underlying EBITDA was up 11% to 42.93 million pounds from 38.68 million pounds for the same period last year.
Revenue grew 8 percent to 161.97 million pounds from 149.97 million pounds for the comparable period last year.
On the London Stock Exchange, the shares were trading 9.36 percent up at 161.30 pence.
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