Construction and real estate consultancy Turner & Townsend has reported what it called "exceptional" results with record revenue growth. The Leeds-based firm, which has offices globally, saw gross revenue rise to £5.75bn in 2025, up from £1.14bn the previous year. Operating profits also saw a significant increase from £144.6m to £404.1m.
Strong Performance Across Sectors
The results include the integration of majority shareholder CBRE's project management businesses, with Turner & Townsend bosses also pointing to organic growth across high-demand areas such as data centres, urban development, transportation, energy generation and transmission.
Key projects highlighted in the newly published results include work on Heathrow Airport's expansion, Anglian Water's capital investment programme, and a new contract for Barclays' headquarters building in New York. The growth now means Turner & Townsend has a global workforce of more than 22,000, based in more than 60 countries.
CEO Comments on Future Ambitions
Vincent Clancy, chairman and CEO of Turner & Townsend, said: "Looking ahead, our ambition is significant and our priorities are clear. We have built an unparalleled competitive platform from which to build our next phase of growth. We are a people-first business, investing in our talent and AI and technology, to ensure we deliver an unrivalled service above and beyond the capabilities of our competitors, while deepening our relationships with our clients.
"We are pioneering a paradigm shift across our industry to set new standards in programme management centred on performance. In a world where uncertainty is the new certainty, navigating the global unrest, economic challenges, market volatility and digital revolution requires unprecedented expertise, global strength and local knowledge to execute the delivery of complex, large-scale projects.
"Our partnership with CBRE further strengthens our ability to deploy solutions to our clients. By combining our capabilities, we are creating greater value for our clients through the entire asset lifecycle – connecting strategy, investment, development, delivery and operational management in ways that no other programme manager can."
