Gardiner & Theobald recorded another positive performance for the 2017/18 financial year. Turnover increased by 4.5% to £180m (2016/17, £172m) and at £49.5m profitability margin was maintained at 27% for the third year running (2016/17, £47m).
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Managing Partner, Simon Jones, commented, “Our three principal markets of London, UK regions and the US once again produced a solid set of results.”
G&T’s Cost Management business remained stable, while its Project Management and US businesses outperformed the previous year’s results.
“We are proud that clients continue to think of us first when it comes to delivering high value and complex projects.”
Simon Jones, G&T Managing Partner
Simon Jones continued, “The year was not without its challenges and although we anticipated that improving on our 2016/17 results would be difficult, we are pleased with the results we have achieved.” Simon added, “We are proud that clients continue to think of us first when it comes to delivering high value and complex projects.”
During 2017/18 G&T continued its Chartership Programme providing a variety of routes to professional qualification for apprentices and graduates. It also expanded its NextGen programme with the aim of bringing people together from across the built environment to build relationships.
G&T rounded off the year with the launch of its new GT Market Intelligence microsite – an online platform with a curated selection of the firm’s research, market intelligence and opinion pieces aimed at giving clients resources to navigate the market successfully while maximising their property assets. Alongside this open-source digital platform G&T also appointed a new Market Analyst to build on its established publications such as its industry-renowned Tender Price Indicator.