Turner & Townsend has been honoured with the Queen’s Award for Enterprise in International Trade for the fourth time.
The prestigious award, which is in its 54th year, is presented on a five year cycle. Having been recognised consecutively in 2003, 2009 and 2014, the 2020 award highlights the exceptional performance of the business and the strength of its client relationships over the last two decades.
Since the previous award was made in 2014, the company has expanded to operate in 110 offices across 45 countries. This expansive footprint enables the business to support the growth ambitions of global clients in markets around the world, across the real estate, infrastructure and natural resources segments.
In 2018/19 the business saw a 17% rise in turnover to £640m and an increase in operating profit to £68m. Overseas net revenue increased significantly to £321m, accounting for 55% of total net revenue. The firm has shown sustained growth across its UK and international operations over a number of years.
Vincent Clancy, chairman and chief executive officer, said: “We are honoured, once again, to be recognised with the prestigious Queen’s Award for Enterprise. This achievement is the result of the outstanding contribution from everyone across the business, our continued commitment to service excellence and the long-standing relationships we have formed with our clients all across the world.
“We are global in our outlook as a business and over the last two decades we’ve become one of the world’s largest and most recognised independent professional services providers to the construction industry.
“It is more important than ever that we continue to adapt and transform our business for the future. We will continue to invest in the products, services and broader capabilities we need to stay at the forefront of our industry.”