LONDON (ShareCast) - (Sharecast News) - AIM-listed Keystone Law Group said on Wednesday that full-year revenue and adjusted pre-tax profit were set to be "slightly ahead" of current market expectations following continued solid trading in the second half.
Keystone said it traded well in H2, building on the successful first half to deliver a "strong" overall performance for FY 2025.

It said that ongoing broad-based client demand, along with the additional contribution of those lawyers who have recently joined the group, has delivered better-than-anticipated revenue for the period.

This, along with the slower-than-expected reduction in interest rates means the board now expects FY25 revenue and adjusted pre-tax profit slightly ahead of market expectations of £94m and £11.9m, respectively.

The tech-enabled platform law firm said recruitment activity remained "buoyant", with 50 new Principals joining during FY 2025, ending the period with 455 Principals and a total of 576 fee earners.

Chief executive James Knight said: "I am delighted with the continued growth and strong financial performance of the business this year. The calibre of the lawyers now joining the business is superb, reflecting the market leading position which Keystone holds.

"By placing quality at the centre of everything we do, we continue to drive long term, sustainable growth across the business and value creation for all our stakeholders."

At 1035 GMT, the shares were up 3.4% at 537p.

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