Programme management and construction consultancy Turner & Townsend was named Global Consultant of the Year at the NCE/ACE Consultants of the Year awards, in the UK, last month.
The awards acknowledge outstanding business performance by construction consultancies across the UK. The winners are determined by a judging panel of industry leaders and through the use of data contained in the NCE Consultants File rankings.
Turner & Townsend CEO Vincent Clancy explains that the company won the award because of its successful 2012 financial year, its increased intake of civil and structural staff and the many projects for clients carried out on a repeat basis.
Its staff complement increased from 1 996 to 2 303 in 2012 and the company expects it to be 3 400 strong by the end of this month. During 2012, the firm welcomed its largest-ever graduate intake, after increasing its investment in skills and staff numbers worldwide.
The company achieved a £23.6-million pretax turnover for its 2012 financial year – a 16% increase from 2011. However, turnover in the last 12 months reached £306-million, owing to Turner & Townsend’s strong order books and growing international client base.
Fifty-four per cent of its 2012 financial turnover was earned outside the UK and the firm is on course to achieving its goal of a 60% turnover by 2015 through developing its key hubs – Africa, the Americas, Asia, Australasia, Europe and the Middle East, with Asia being the particular focus for growth.
Clancy says that the company is doing well in the infrastructure sector in Africa, the Middle East and Europe. The focus on this sector and on natural resources has resulted in a 30% increase in revenue for infrastructure and a 49% increase in revenue for natural resources.
Turner & Townsend is pleased with the shape of its business and will strengthen it at a pace with which the company is comfortable, says Clancy.
“This award is an important milestone for us as we continue to channel more investment into our global reach. Our independence and investment in capability provide a compelling case for clients and help insulate us against the challenges of the current economic climate,” he concludes.