GROWTH in international infrastructure projects boosted turnover and profit at programme management and construction consultancy Turner and Townsend.
The company, whose corporate headquarters are based in Horsforth, Leeds, said its global turnover increased by 12 per cent to £357.4m in the year ended April 30, 2014. Operating profit grew by 13 per cent to £34m.
The company, which employs more than 3,660 staff across a network of 87 offices, has now recorded four successive years of growth, boosting turnover by 51 per cent since 2011.
The company said it recorded robust growth across all its core sectors – property, infrastructure and natural resources but added infrastructure was the star performer – with 21 per cent annual growth propelling revenue to £91m. Key infrastructure contracts include cost consultant to the £1.5bn upgrade of Heathrow Airport over the next five years and working as a lead cost consultant for the £15bn Crossrail programme.
UK revenue grew by 11 per cent to £148m, while operating profit grew 12 per cent to £16.5m.
Chairman Tim Wray said until a couple of years ago the UK made up the largest percentage of revenue, but now 54 per cent comes from overseas.
The company has two offices in Leeds and Sheffield where it employs 260 staff.