好色先生TV

Accelerated recovery in the UK has boosted Turner & Townsend to its fourth successive year of revenue growth.

In its results for the year to 30 April 2013, the consultant posted revenue of 拢286.3m, up 17% on the previous year鈥檚 拢244.3m, while operating profit also grew 28% to 拢30m from 拢23.5m.

The UK arm of the business enjoyed its strongest year since the credit crunch, with revenue up 14% to 拢133m and operating profit up 26% to 拢14.8m.

Turner & Townsend (T&T) chief executive Vincent Clancy (pictured) told 好色先生TV: 鈥淲e鈥檙e particularly pleased about the UK. We鈥檝e picked up more market share, particularly in infrastructure - where our plan has been to grow aggressively - and in big commercial schemes.鈥�

Clancy said the firm鈥檚 UK infrastructure division had benefited from increased work for Crossrail, Transport for London, UK airports, and utilities providers, while the commercial team landed major schemes including the project manager role on the 拢1bn first two phases of the redevelopment of Battersea Power Station.

Revenue at the firm鈥檚 six international divisions also grew, led by the Middle East (up 53%) and the Americas (up 34%).

T&T鈥檚 infrastructure and natural resources businesses grew strongly, with revenue up 24% to 拢75.3m and 18% to 拢70.1m respectively.

The firm will continue to look at merger and acquisition opportunities after acquiring four firms last year, including 100-strong Hong Kong-based cost consultant H.A. Brechin.

T&T is considering acquisitions in the fields of front-end consulting and asset management and in emerging markets in Asia, the Americas and the Middle East, Clancy said.

The firm believes market conditions are 鈥渟till not where [they] need to be鈥� to enable it to float on the stock exchange, Clancy said. Turner & Townsend had planned to float in 2008 but shelved the plan because of turmoil in the financial markets.