Turnover for the Australian and New Zealand branch of global construction and project management firm Turner & Townsend rose 23% in the last financial year.
T&T’s Australia and New Zealand branch recorded $59 million in turnover in 2014/15, contributing to annual turnover of $770 million for the global business.
“It’s been a great year for our Australia and New Zealand business,” regional managing director Anooj Oodit commented.
“In the infrastructure sector, we secured significant project wins from the largest high-voltage transmission company in Australia and are working on Australia’s largest rail program, Sydney Metro Northwest.”
T&T was awarded the Operations, Trains and Systems (OTS) contract on what was then called the North West Rail Link on July 7, 2014.
“North West Rail Link will contribute significantly to the social and economic growth of metropolitan Sydney and New South Wales,” T&T’s Darren Munton said at the time.
“This key appointment further reinforces the company’s position as the leading provider of management services on major rail programmes.”
T&T Australia and New Zealand has also had success in the commercial construction sector, working with Chinese investors on the billion-dollar Jewel development on the Gold Coast, as well as education and retail projects, including the Eastland Shopping Centre in Melbourne.
Oodit said that through the acquisition of project management firm Thinc in the middle of the financial year, T&T Australia and New Zealand grew its headcount to over 400 staff, and increased its presence in Fiji and New Zealand.
T&T’s global chief executive Vincent Clancy said the company’s record $770 million turnover was thanks to a “diverse business model,” which allowed the consultancy to adapt to a shifting marketplace.
“Our record turnover of $770 million is an endorsement of the consistent investment we’ve made in the company – and in our staff – over the past five years, and an important milestone in our long-term plan for sustainable growth,” Clancy said.
