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SGH $2.97

News: Slater & Gordon continue strong growth

  1. Slater and Gordon Limited (ASX:SGH) has produced a 37.6 per cent jump in first half revenue raising net profit by 46.5 per cent. 
    The consumer law firm also raised its interim dividend by 17 per cent to 3.5 cents per share. 
    Personal injury law remains a strong contributor to earnings with acquisitions also adding to the bottom line. 
    Integration of new firms acquired last year is progressing well and the company also announced two new UK purchases expected to add an estimated $35 million to revenues. 
    The company says it is delivering on key components of its growth strategy and reaffirmed full year revenues of $500 million. 
    Slater and Gordon Limited (ASX:SGH) reported a net profit of $61.1 million for the 2014 financial year. 

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