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Eversheds Sutherland (International) announces financial results for FY2016/17

Eversheds Sutherland (International) announces financial results for FY2016/17

  • United Kingdom

    19-05-2017

    Strong revenue growth trajectory continues

    Eversheds Sutherland (International) announces its headline financial results for FY2016/17 with revenue of £438.6m, an increase of 8% on the previous year. Net profit was £84.1m and PEP £726k, a decrease of 4% and 2% respectively.

    Lee Ranson, Chief Executive, commented:

    “These results demonstrate the solid progress we have made throughout the year, driven by an impressive 8% organic growth in revenue. To have turned in this kind of result against the backdrop of Brexit and continued political and economic uncertainty in many of our key markets speaks to the strength and resilience of our business. Continued strategic investment in people, recruitment and, most notably, our US combination led to an anticipated slight dip in profitability.

    "Building on this momentum will be the focus for this year as we leverage the many opportunities offered by our newly-expanded global platform. Confidence in the business is high, and we look forward to another year of growth and success.”

    For more information contact

    Lee Ranson, Co-Chief Executive Officer

    Disclaimer

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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