DWF Group revenues continue to grow

3rd Jun 2019 09:59

(Sharecast News) - Legal services group DWF saw revenues continue to improve in its last trading year, driven by double-digit growth in its connected services and international units.DWF anticipates full-year sales will grow at least 15% year-on-year, delivering growth across each of its divisions in line with its medium-term targets.The London-listed firm's international arm saw the strongest growth in the period, with revenue increasing more than 70%, while its connected services division also saw growth in excess of 20%.DWF also revealed it expects to pay a full-year dividend of £3m in September 2019.Looking forward, DWF told investors it has had a "solid start" to the new financial year, leaving the outfit confident it will continue to deliver further revenue and EBITDA growth in line with its medium-term targets.Chief executive Andrew Leaitherland said: "This has been another year of strong financial performance across our business."In this new financial year, we have already built upon our success by delivering on an international expansion opportunity highlighted in our prospectus, through the transaction to acquire the legal services business of K&L Gates Jamka in Poland."As of 1000 BST, DWF shares had advanced 1.66% to 120.57p.