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P.ublished 8th June 2026
business
Turner & Townsend Reports Global Revenue Of £5.76bn
Planetary Ventures, a subsidiary of Google, restores Hangar 1 at Moffett Federal Airfield. Copyright Sam Burbank.
The firm expanded its global gross revenue to £5.76 billion, a result driven by organic growth and the integration of CBRE’s project management business. The company increased its worldwide workforce to more than 22,000 personnel operating across more than 60 countries.
In the UK, where the company maintains a major operational presence including regional hubs across the North of England, total net revenue rose by 106.2 per cent to £752.60 million. UK staff numbers grew to 6,559, up from 5,368 in 2024, supported by the integration of partnerships with Turner & Townsend alinea and CBRE.
The company recorded expansion across three primary divisions:
Real Estate: Growth was concentrated in urban development, sports, venues, industrial projects, and life sciences. The company is managing a global portfolio of nearly £3 trillion in capital investment, securing commissions for the UK’s New Hospital Programme and Barclays’ headquarters in New York, alongside portfolio renewals for Google and Shell Real Estate.
Infrastructure: Driven by public investment, performance was supported by UK appointments including Heathrow Airport’s expansion, Anglian Water’s capital investment programme, and the Clyde 2070 defence programme. International wins were secured for airport developments in Vietnam, Australia (Perth), and India (Bangalore), alongside aviation contracts in the United States.
Energy and Natural Resources: Momentum continued across the US, Europe, Asia, and the UK, highlighted by an appointment as a partner on Rolls-Royce’s nuclear programme.
The financial year also saw the launch of the Hive Portal, a proprietary digital platform designed to integrate live data tracking across global project portfolios to assist client decision-making.
Corporate Leadership
Vincent Clancy
Our financial performance is testament to the quality of our people and the trust our clients place in us to manage major projects and portfolios, which are helping drive economies and make a positive impact on the lives of people all over the world.
Looking ahead, our ambition is significant and our priorities are clear. We have built an unparalleled competitive platform from which to build our next phase of growth. We are a people-first business, investing in our talent and AI and technology, to ensure we deliver an unrivalled service above and beyond the capabilities of our competitors, while deepening our relationships with our clients.
We are pioneering a paradigm shift across our industry to set new standards in programme management centred on performance. In a world where uncertainty is the new certainty, navigating the global unrest, economic challenges, market volatility and digital revolution requires unprecedented expertise, global strength and local knowledge to execute the delivery of complex, large-scale projects.
Our partnership with CBRE further strengthens our ability to deploy solutions to our clients. By combining our capabilities, we are creating greater value for our clients through the entire asset lifecycle – connecting strategy, investment, development, delivery and operational management in ways that no other Programme Manager can.
Patricia Moore
2025 was a year where our investment strategy translated clearly into performance. We have created greater scale in the UK, but more importantly, we have built a more connected business, with a wider breadth of capabilities to support our clients.
The backdrop remains complex, but the fundamentals are clear. The UK needs sustained investment across infrastructure, energy and the built environment. That demand isn’t going away and is becoming more urgent.
What clients need from us is also changing. They are looking for strategic advice, delivery certainty and partners who can offer differentiated and integrated solutions across the whole lifecycle of an asset, not just individual stages. That’s where our model is strong.
Our focus now is on continuing to invest in our people, in our capability and in how we deliver, so that we stay ahead of that demand.