TURNOVER HITS €727M AT TURNER & TOWNSEND

Independent professional services firm, Turner & Townsend, has reported its ninth consecutive year of growth, with turnover reaching €727 million for the year ending 30 April 2019, rising from €623 million the previous year. The company, which works on some of the world’s largest and most complex capital projects and programmes across real estate, infrastructure and natural resources increased net revenue by €90 million to €659 million, a 16% increase on 2017-18.

Across Europe, Turner & Townsend increased annual revenue by a third to €44 million, driven by strong demand and capital spend from technology companies and clients across the high-tech and manufacturing sector. In infrastructure, landmark wins have included the MetroLink rail project in Dublin.

Vincent Clancy, Chairman and CEO at Turner & Townsend said: “The delivery of another year of exceptional financial results is an impressive achievement in the face of some turbulent global markets. Our continued growth is testament to the strength of our diversified global business model, and our investment in people and services, particularly our programme advisory and asset management capability. We also initiated our largest-ever investment in digital services, putting data at the heart of what we do.”

Denise Maguire
Editor 
Irish Construction Industry Magazine