Overview

These factors have affected various sectors and created a more complex operating environment for businesses worldwide. Despite these headwinds, our firm has demonstrated resilience and agility, delivering a robust performance across our core markets and growth in new sectors. 

In 2023/24, we planned for and transitioned our financial year to align with the UK tax year in response to the Government’s basis period reform, which made this an 11-month period. However, on a like-for-like 12-month basis, our global revenue increased by 6.4% to £291,764,000. This growth was driven by a solid performance across our UK and US businesses, with particularly strong results in our infrastructure division, where we see considerable room for further expansion.

This success is a testament to the strength of our diversified expertise, the adaptability of our teams and the trust placed in us by our clients. By maintaining a disciplined focus on operational excellence and client-centric solutions, we have navigated these challenges and positioned the firm for future growth.

Our Commitments

Our solid financial performance has enabled continued investment in our people and technologies, reinforcing our commitment to quality and our strategy of putting clients and their needs first. These investments position us to support clients as they capitalise on new opportunities.

We remain steadfast in our commitment to social and environmental responsibility. Since 2021, we have increased the social value we generate by £2.6 million, reaching a total of £17.6 million this year through job creation, apprenticeships, volunteering, charity donations and carbon reduction. We’re particularly proud to report that in September 2024, we welcomed a record number of graduates and apprentices to the firm and bolstered our talent acquisition strategies at all levels.

We continue to focus on six key areas where we believe we can make the most significant impact:

• Addressing the skills gap in construction and nurturing the next generation of built environment professionals
• Creating social mobility opportunities for young people
• Promoting diversity and inclusion in the built environment
• Supporting the personal development and wellbeing of employees
• Helping our clients achieve their social value goals, delivering tailored benefits to local communities
• Reducing our environmental impact and carbon footprint

Outlook

In August 2024, we welcomed Hennick & Co as a long-term investor and strategically aligned partner. This partnership further strengthens G&T’s platform, providing us with additional financial resources to invest in and grow our business. Importantly, the partnership preserves G&T’s independence, brand and heritage while positioning us for continued expansion in the UK, US, Ireland and beyond. Hennick shares our culture, values and entrepreneurial spirit, and this collaboration enhances our ability to deliver world-class services, benefitting our clients and our people.

Looking ahead, we are optimistic about the future. Our pipeline of work remains strong and is underpinned by continued high demand for our services across key sectors. We are confident that the depth of our expertise, coupled with our ongoing investment in talent and technology, will ensure our future success and enable us to stay ahead of industry trends and deliver even greater value to our clients.

Finally, I would like to thank our people and partners for their hard work and dedication. Our achievements are a testament to their efforts and the unwavering support and commitment we receive from our clients and industry professionals. Together we are building a strong foundation for sustained growth and long-term success.