Turner & Townsend posts record results as global revenue hits £5.76bn
Vincent Clancy
Turner & Townsend has reported its strongest year to date, with global revenue climbing to £5.76 billion and UK income more than doubling on the back of major programme wins across defence, nuclear, healthcare and water.
The consultancy’s 2025 annual review shows exceptional growth across all core markets, supported by the integration of CBRE’s project management business and continued organic expansion. The firm now employs more than 22,000 people in over 60 countries.
UK net revenue rose 106.2% to £752.6m, driven by long‑term investment in diversifying services and the successful integration of Turner & Townsend alinea and CBRE’s project management teams. UK headcount increased to 6,559, up from 5,368 the previous year.
Turner & Townsend reported strong momentum across all three of its global sectors:
- Real estate — Growth accelerated across urban development, sports and venues, industrial and life sciences. The firm’s Construction Management offer for major data centre clients continues to set new performance benchmarks as schemes increase in scale and complexity. Globally, the business is supporting nearly £3 trillion of capital investment across major real estate programmes. Key wins included the UK’s New Hospital Programme and Barclays’ New York HQ, alongside renewed global portfolios for clients such as Google and Shell.
- Infrastructure — Public investment remained a major driver, with aviation, defence and water performing strongly. Landmark programmes included Heathrow Airport expansion, Anglian Water’s long‑term capital programme, and the UK’s Clyde 2070 defence programme. Growth across Asia‑Pacific was underpinned by new airport projects in Vietnam, Bangalore and Perth, with further aviation wins in the US.
- Energy and natural resources — The firm reported strong progress across the US, Europe, Asia and the UK. Its appointment as a key partner on Rolls‑Royce’s nuclear programme underscores a nuclear capability now spanning six continents.
Patricia Moore
A major contributor to performance has been sustained investment in technology, data and AI. In 2025, the firm launched Hive Portal, a bespoke digital platform connecting every stage of project and portfolio delivery. With live data flowing from thousands of global projects, clients now benefit from real‑time visibility, more consistent reporting and improved decision‑making.
Vincent Clancy, chairman and CEO, said the results reflect the strength of the firm’s people and the trust placed in it to deliver complex global programmes: “We have built an unparalleled competitive platform for our next phase of growth. By investing in our talent, AI and technology, we are delivering a service that goes beyond the capabilities of our competitors.”
He added that the partnership with CBRE is enabling a fully integrated offer across the entire asset lifecycle, “connecting strategy, investment, development, delivery and operations in ways no other programme manager can”.
Patricia Moore, managing director EMEA, said the UK business is now operating at greater scale and with a broader capability set:
“The UK needs sustained investment across infrastructure, energy and the built environment — and that demand is only becoming more urgent. Clients want strategic advice, delivery certainty and integrated lifecycle solutions. That’s where our model is strongest.”
She said the focus for the year ahead is continued investment in people, capability and delivery to stay ahead of rising demand.








