Knights Group (KGH) Full Year results presentation - July 2024

Knights Group CEO, David Beech and CFO, Kate Lewis present their results for the year ended 30 April 2024 followed by Q&A. David Beech, CEO00:16 - Introduction00:35 - Full Year highlights02:35 - Business growth04:48 - Mix of work06:04 - Business model08:34 - Revenue & PBT growth Kate Lewis, CFO08:58 - Full Year financial highlights09:55 - Income statement13:46 - Revenue bridge17:27 - Underlying PBT bridge17:49 - Performance against KPI's19:08 - Cash flow19:58 - Lock up & debtor days22:00 - Balance sheet22:51 - Net debt bridge David Beech, CEO24:46 - Medium term goals25:32 - Market opportunity25:57 - Growth opportunities29:06 - Recruitment30:43 - Case study32:18 - Summary & outlook 33:56 - Q&A Knights is a fast-growing, legal and professional services business, ranked within the UK's top 50 largest law firms by revenue. Knights was one of the first law firms in the UK to move from the traditional partnership model to a corporate structure in 2012 and has since grown rapidly. Knights has specialists in all key areas of corporate and commercial law so that it can offer end-to-end support to businesses of all sizes and in all sectors. It is focussed on key UK markets outside London and currently operates from 23 offices located in Birmingham, Brighton, Bristol, Carlisle, Cheltenham, Chester, Exeter, Kings Hill, Leeds, Leicester, Lincoln, Manchester, Newbury, Newcastle, Nottingham, Oxford, Portsmouth, Sheffield, Stoke, Teesside, Weybridge, Wilmslow and York.