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Slater & Gordon maintains FY guidance

Law firm Slater & Gordon has lifted its half year profit by 61 per cent, partly thanks to a successful marketing campaign and expansion efforts in the UK.

The company on Wednesday posted a net profit of $19.1 million for the six months to December 31, up from $11.8 million in the previous corresponding period.

Total revenue also jumped, to $145.7 million from $99.5 million.

Slater & Gordon said the strong start to the 2013 financial year was boosted by its Not A Problem advertising blitz, which delivered a double-digit increase in new client inquiries.

The company also successfully settled class actions against Australian-based crop protection company Nufarm and Sigma Pharmaceuticals in the first half.

But it was the 78-year-old law firm's entry into the UK market in 2012 that proved most profitable, with the new business bringing in $34.3 million in revenue over the period, the company said.

"On the back of this performance, Slater & Gordon is well-placed to expand its operations in the UK in a market that is four to five times that of Australia," the company said in a statement.

Managing director Andrew Grech said Slater & Gordon was in "good shape" and was maintaining its full year revenue guidance of $290 million.

"We have strong prospects for further profitable growth and we have the resources and the people to be able to deliver it," Mr Grech said.

The company will pay shareholders an fully-franked interim dividend of 2.75 cents per share, up from 2.50 cents in the previous corresponding period.

At 1046 AEDT, shares in Slater & Gordon were up four cents, or 1.69 per cent, to $2.40.