Strong year as Carter Jonas hoists pre-tax profit 12 per cent
Carter Jonas, the national property consultancy, has achieved another set of strong financial results in the last year, recording a 6.7 per cent increase in operating revenue and a 12 per cent rise in profit before tax.
Turnover for 2018/19 was £64.89 million, up from £60.81m in the previous 12 months. Profit before tax increased to £12.85m up from £11.46m.
Mark Granger, chief executive, Carter Jonas said: “This is an extremely encouraging set of results for Carter Jonas, particularly when viewed against a backdrop of political and economic uncertainty.
“In 2015, we commenced our five-year business plan and it is this vision and focus which has helped to accelerate our growth. As a firm we continue to pursue work that balances both transactional and non-transactional business, securing instructions that safeguard against inevitable economic headwinds.
“We often cite our Limited Liability Partnership model as a key selling point of our business. Our independence enables us to be agile, and therefore able to adapt quickly to support the complex and evolving needs of our growing client base.
“Recent developments of note include; the expansion of our UK headquarters where we doubled the footprint, securing an additional 6,760 sq ft of space at One Chapel Place. We actively grew our Valuation offering, to include prime residential and affordable housing services, and our London Development team.
“We have also enhanced our presence in Wales, opening an office in Cardiff initially to provide a base for a specialist Minerals & Waste team. These particular milestones have reinforced our network, and strengthened our profile across all property markets.
“As well as nurturing client relationships, we continue to adopt new technologies and invest in the careers and well-being of our people. Our online platforms have been streamlined and improved to deliver a market-leading digital presence. This helps to secure better conversion and engagement for Carter Jonas and our clients.”