Standing strong in Europe, partnering global brands across the region
We have increased global turnover to €530m in the year ended 30 April 2015, with €36m turnover from our Europe business.
Turner & Townsend’s Europe Managing Director, James Dand, commented: “In a tough market, our diversified service enabled us to focus on more buoyant sectors, such as property and infrastructure. The Netherlands, Germany and Switzerland in particular remained strong, driven largely by continued work with our global clients.
“Life sciences remained a leading sector for us, as we secured an extension to our long-term partnership with Syngenta and new frameworks with a number of global pharmaceutical companies.
“We also continued to invest in our footprint across the region, and as a result are leading the delivery of the Nissan Retail Concept roll-out programme for Nissan Europe.
“Our investment in our major programme delivery capability resulted in new programmes with global clients such as Infiniti.
“This investment will continue in the months ahead, as we build on our presence in core markets and assure delivery to our key clients across the region.”
The global company, which employs 4,100 staff across 90 offices, has now recorded five successive years of growth and boosted turnover by 75 percent since 2010.
Our long-term strategy of diversification – both geographically and across its three core sectors of property, infrastructure and natural resources – successfully absorbed the recent volatility in the oil and gas market to deliver a further 11 percent increase in operating profit in 2014-15.
Turner & Townsend’s CEO Vincent Clancy commented: “Our diverse business model has allowed us to adapt successfully to this year’s shifting marketplace, and delivered some exceptional results both in our emerging markets and in our more mature regions.
“Our record turnover of €530m is an endorsement of the consistent investment we’ve made in the company - and in our staff - over the past five years, and an important milestone in our long-term plan for sustainable growth.”
For more information, see the company’s annual review 2014-2015.