Turner & Townsend sees turnover increase despite Covid-19 impact

The Leeds-based firm, 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 £101m, to £681m, a 17 per cent increase on 2018-19.

In the UK, net revenue rose by nine percent in 2019-20 to £283m.

Vincent Clancy, chairman and CEO at Turner & Townsend, said: “While we continue, like the rest of the industry, to feel the impact of Covid-19, our financial performance and business model stand us in good stead to withstand the economic aftershocks.

“Resilience has been the hallmark of our business over the last 74 years and this, combined with the solid platform we have created, makes me confident that we will emerge even stronger.

“As we transition from a health crisis to meet a growing economic challenge, the world needs to embrace a zero-carbon future, to transform cities and to create better living standards.”