Full Year Results 

Keystone's persuasive opening statement

Keystone's persuasive opening statement

Keystone Law (KEYS) floated on the Alternative Investment Market (Aim) last November and its maiden full-year results show that the 'challenger law firm' is firing on all cylinders, as it adjusts to life as a publicly-traded entity.The preliminary numbers revealed strong top-line growth, with accelerating momentum further down the income statement. Reported cash profits were up 28.9 per cent to £2.7m; adjusting for IPO-related costs, the improvement was even greater at 42.7 per cent to £3.3m, while the underlying margin increased from 9 per cent to 10.3 per cent – a reflection of the company’s continued operational gearing.

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