Montagu Evans has reported an increase in revenue for its financial year ending 31 March 2017 to £41.6m, up 6% from the previous year.
In the past five years the firm’s revenue has increased from £26.1m – a 59% increase.
The group’s operating profit at 31 March was £23.4m, compared with £23.9m a year earlier.
Its turnover also increased to £41.5m, from £39.3m in 2016.
Montagu Evans managing partner Rob Bower said: “This has been another successful year for the partnership.
“We have continued to develop our sector-led approach, focusing on complex, problem-solving professional services and bringing together departments from across the business in teams that can add extra value for clients with a greater breadth of expertise and more in-depth thinking.”
During the period the firm hired more than 70 people as part of a business expansion drive.
The company currently has 363 employees, including 93 partners.
Bower added: “Our largest team is planning & heritage, currently with more than 65 people and achieving a revenue growth of 60% in the past three years, a reflection of the success the team has built in the market.
“The development and valuation consultancy team has grown by 110% in three years.
“International clients are increasingly coming to us for our expertise and our public sector work is growing, with more local authority clients taking forward development directly and central government appointing us as the property and finance services provider for the shadow Government Property Agency, part of the cabinet office.
“We have also made significant investments in the fabric and infrastructure of the business – with particular investment in technology – without eroding profit.
“Right now, the firm is in a very strong position and while the industry may well feel the effects of Brexit uncertainty over the coming year, we are very well placed to make the most of the opportunities that this changing market will bring.”
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