UK remains consultant鈥檚 biggest business with close to 5,000 staff
Pre-tax profit at Turner & Townsend hit the 拢200m mark as the firm said turnover jumped a quarter to 拢1.5bn in its latest results released today.
The firm, which is majority owned by US real estate giant CBRE, said its biggest business continues to be the UK with a net revenue of 拢483m and nearly 5,000 staff.
The Americas is its next biggest region with a net revenue of 拢338m and nearly 2,400 staff on its books. Overall, T&T said staff numbers were up 15% to 12,369.
The results are the first since the firm completed the purchase of London QS Alinea last spring which added more than 100 staff and around 拢20m in revenue to its payroll.
T&T鈥檚 pre-tax profit for the year to April was up 45% to just over 拢200m with operating profit up 42% to 拢198m.
Real estate remains the firm鈥檚 largest sector with revenue up 25% to 拢851m with the firm saying demand was being driven by the data centre market as well as tall buildings including the recently completed 8 Bishopsgate where T&T Alinea was cost consultant.
Its infrastructure business was up 13% to 拢350m with T&T saying workloads had been boosted by aviation and defence jobs.
T&T chairman and chief executive Vince Clancy, who has been at the business since 1989, said: 鈥淭hese excellent figures demonstrate our ability to build strong client partnerships while investing in our people and our global capacity.
鈥淥ur scale and reach make us more resilient to market volatility and, crucially, ensure that we are best-placed to anticipate and adapt to clients鈥� priorities and needs.鈥�
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