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Slater & Gordon Limited (ASX:SGH) has increased its first half net profit by 61.3 per cent to $19.1 million and says it is on track to achieve its full year guidance and advance its UK expansion.
Managing Director Andrew Grech says the law firm has strong prospects for further profitable growth, with the resources and people to deliver it.
Slater and Gordon says on the back of its performance it is well placed to expand operations into a UK market four to five times the size of Australia’s.
Expansion into the UK is progressing well for the firm, delivering $34.3 million in revenue and a net profit of $3.5 million in the half.
Slater and Gordon directors declared a fully franked interim dividend of 2.75 cents per share.