Annual review
2019-2020

Strength and resilience

There is no denying that the COVID-19 pandemic has been the greatest challenge our world has faced for generations. I am proud of the way our people, our clients, and indeed the whole construction industry has responded to the immense challenge the crisis has presented.

Our resilience and success continue to be driven by investing in talent, shifting focus to emerging markets that address the world's biggest challenges and building solutions that drive exceptional client outcomes. Although the economic shockwave from COVID-19 impacted the last quarter, overall 2019-2020 was a strong year for our business.

"Doing business the right way has always been core to our success, but never before has this felt so tangible. I am pleased with the work we are doing to make a positive contribution"
Vincent Clancy
Chairman and Chief Executive Officer

Global performance

Highlights

Turnover

£744m
16.3% on 2019↑

Net revenue

£681m
17.3% on 2019↑

People

6,789
11.2% on 2019↑
Net revenue breakdown by sector

Our impact

9,089
Beneficiaries
£505,000
In donations
14%
Rise in the number
of female associate
directors and directors
1.2
Tonnes of carbon per employee
54%
Reduction in carbon
intensity since 2015

Breakdown by region

The Americas

1,126
People
29
Offices

UK

2,992
People
16
Offices

Europe

450
People
19
Offices

Africa

308
People
10
Offices

Middle East

555
People
6
Offices

Asia

712
People
18
Offices

Australia and
New Zealand

646
People
13
Offices

Sustainable futures

The construction and the wider built environment is the largest sector in the world and perhaps has the biggest impact on the environment and on people's lives. The challenge for leading organisations will be to meet this bigger, longer term goal of creating a built environment that is the catalyst for our world's sustainable future.

Transformational performance

To meet the continued global demand for construction development in a post COVID-19 world, the construction sector has to transform by increasing efficiency and improving performance to deliver major projects and programmes in a more agile way.

People: capacity and skills

In post COVID-19 markets, investment in major construction programmes as a means to stimulate growth will be more prevalent than ever before. Our industry will need to step-up to deliver this unprecedented volume of work. Collectively, we will need to build a highly skilled workforce that is more diverse and more productive.

Innovation and technology

The global construction sector is ready for a fundamental and long overdue step-change in the adoption of technology and its use of data. Embracing innovation is key to meeting growing client demands for more efficient solutions, faster delivery and better social and economic outcomes.

Corporate responsibility
performance

Addressing the UN's Sustainable Development Goals, we have invested in our operations and community initiatives around the world to promote equality and quality education, create sustainable cities and find innovative solutions to increase productivity in industry and infrastructure.


Financial
performance

The financial performance in the year to 30 April 2020 has once again been very strong, with the results showing significant revenue growth, margin improvement and cash generation.


Risk
summary

In 2019-2020, while there was volatility in most markets we operated in, the spread of the global COVID-19 pandemic created further economic uncertainty. But despite good financial results and headcount growth, we cannot be complacent. We continue to deal with a wide range of significant risks and uncertainties, which are actively managed at all levels of the business.