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Turner & Townsend looks to create 200 jobs

Turner & Townsend aims to create 200 UK jobs in 12 months, chief executive Vincent Clancy has revealed.

The construction consultancy is aiming to increase its workload at home and abroad as it converts to a limited liability partnership.

Turner & Townsend’s annual results today showed that it grew its headcount by 512 people to 4,102 in the year to 30 April 2015.

Clancy told NCE: “I would expect a similar level of headcount growth next year, with about 40% coming in the UK.”

He said that despite ambitions to increase global footprint and win more high profile work abroad, Turner & Townsend would continue to target UK infrastructure work as well.

“The UK remains a big part of our strategy,” he said. “I am confident infrastructure workload will remain buoyant and we are focused on that part of the market, particularly power, rail and air.”

Clancy said the firm would also seek to cash in on growth in the commercial market and on capital programmes coming from regional devolution.

He said the decision to become a partnership rather than list on the Stock Exchange was taken for three main reasons.

“The prime reason was that we decided we did not need the capital of an initial public offering; second, the partnership model allows us to attract talent; and third, we are working globally and this model means everyone is part of one partnership.”

Clancy called for the government to make swift decisions on major infrastructure projects such as the Heathrow expansion and Crossrail 2.

“Our industry will say that the more certainty we can get on timings and requirements, the better we can respond,” he said. “The world now looks at the UK as somewhere that can get on and deliver major projects, so this is a good time to do that.”

Turner & Townsend posted UK revenue of £157.6M for the year to 30 April 2015 – a hike of 9% from the previous 12 months.

It also boosted operating profit before amortisation by 5% over the same period to £16.8M.

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