Coronavirus impact: 14 Sept - game changing news
Many of the UK’s fastest growing smaller companies continue to deliver encouraging news, particularly on the international front, and the shares of one soared on a game changing contract win
Keystone Law: still deliveringKeystone Law (LON: KEYS), the fast growing, challenger law firm, has delivered decent interim results despite the evident challenges in the period. For the six months ending 31 July 2020 revenue rose 6.5% to £24.m, although adjusted pre-tax profit fell back 18.5% to £2.2m. Operating cash inflow of £3.3m helped lift period end net cash to £6.9m supporting the reinstatement of dividends. The pandemic initially impacted new client instructions, before recovering to near pre-pandemic levels by the end of period. Property, family and private client activities were most severely affected while litigation has held up well. Overall…