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Birmingham Post
Birmingham Post
Business
Coreena Ford

Turner & Townsend grows global turnover 21.5% as work in the UK and overseas ramps up

Professional services group Turner & Townsend has increased turnover 21.5% to £884m amid plans to grow its business around the world.

The Leeds-based business, which has 118 offices in 50 countries, specialises in programme, project and cost management and consultancy in the real estate, infrastructure and natural resources sectors. The firm has now released annual financial results for the year ended April 30 2022 showing a 17.2% rise in net revenue to £779m, while global Ebita grew to £121m.

Directors said the success supports the firm’s strategy of investment in people, increased digitalisation and sustainability initiatives. In the UK, it said performance showed “robust growth” in all key areas, with overall net revenue up 17.8% to £321.6m. It said the business has continued to invest in staff and now employs 3,595 across its 16 UK offices, up 23.5% on 2021.

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