Pre-tax profit at consultant Turner & Townsend (T&T) has leaped 26% from 拢12.5m to 拢15.7m for the year ending April 2006.
The group鈥檚 turnover for the year is up 34% from 拢100m to 拢134m.
As T&T is a limited liability partership (LLP), it was required to disclose the salary of the group鈥檚 highest earner. Chairman Tim Wray鈥檚 salary for the year was 拢845,000, an increase of more than 拢150,000 from last year.
The group鈥檚 pre-tax profit of 拢15.7m places it ahead of Gardiner & Theobald (G&T) in the league of the four major LLPs. G&T posted a figure of 拢13.7m for the year. But rivals EC Harris and Davis Langdon are still leading the way pre-tax profits of 拢28m and 拢32m respectively.
Wray鈥檚 salary is less than the 拢889,000 received by G&T鈥檚 highest earner. The company has refused to disclose who earned that salary, but it is likely to be Simon Jones, the group鈥檚 senior partner.
Wray鈥檚 salary for the year was 拢845,000, an increase of more than 拢150,000
Rob Smith, the senior partner at Davis Langdon, and Richard Clare, chairman of EC Harris, took home more modest salaries last year. Smith earned 拢544,000 and Clare 拢540,000.
Wray said T&T鈥檚 project management arm had been particularly successful over the year. He added: 鈥淥ur international business has also been successful and that accounts for between 35% and 40% of our overall turnover.鈥
Also this week, a specialist arm of T&T has been appointed on the largest building project under way in Berlin. Turner & Townsend SIBC will help to project manage a 拢470m office, laboratory and logistics buildings for the federal government.
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