Listed law firm Knights saw underlying revenue increase by 28% to £207.7 million and underlying profit before tax increase by 19% to £33.2 million, according to its latest results.
The hugely acquisitive firm said it had increased revenue from £162 million in 2025 with EBITDA increasing by 20% to £51.5 million, from £42.9m the previous year. Alongside the growth through acquisition, the annual report revealed the firm delivered 7.1% organic growth on its existing business.
With 29 acquisitions over the last 14 years, Knights said it had focused on the south east of England as a “priority for expansion” because of its “affluent client base and a talent pool attracted by opportunities at a premium firm, without a central London commute”.
In the last 12 months the firm has acquired Birkett Long LLP and Rix and Kay LLP; according to the annual report, discussions with Moore Barlow LLP are ongoing.
The firm announced a 17% increase in its dividend to 3.69p. Shares in Knights Group Holdings rose 3.4% to 194.4p.
David Beech, CEO of Knights (pictured), said: ‘’I am pleased to report that we grew revenues by 28% year on year, doubling them over the last five years. We also maintained strong underlying PBT margins while investing in strengthening our operational platform.
“Our unified technology approach, centralised business services support, and expanded, experienced management team will facilitate the use of technology and drive operational gearing as we grow. At the same time, our continued cash discipline has seen us deliver reduced work in progress and debtor days, enabling us to grow and invest without a material increase in debt.
“We delivered a strong performance in the year, with double digit organic growth in the second half, contributions from recent acquisitions, and good cash generation assisting the self-funding of acquisition costs in the year.
“Our continued investment in the business has strengthened our ability to take advantage of opportunities in our growing and structurally changing regional segment of the UK legal sector.
“Having made a positive start to the current financial year, we look forward to delivering continued organic growth, complemented by our value enhancing acquisition strategy, in the current year and beyond.’’
