Business and financial advisory group Grant Thornton UK said it had achieved its long-term turnover target a year early.
The firm had set out a growth benchmark to be achieved by the end of 2015, but a 9% hike in turnover to £512 million for the financial year to June 30 meant the company hit its target early.
Growth was driven in large part by the continued strengthening of its advisory practice, which posted a 15% hike in revenues, while the audit practice improved by 4% and its tax offering remained broadly flat.
Profits were up 7.7% in absolute terms, and on a ‘like-for-like’ basis the average pre-tax profit per partner was up by 15% to £402k.
