Gerald Eve posts record revenue and profit

Gerald Eve has posted its highest ever revenue and profit in the agency’s latest set of annual accounts.

For its 2019/2020 financial year, ending 5 April, the agency saw revenue grow by 10% to £75.5m and profit rise to £19.6m

The company said activity since April has been “on a par with the previous year” despite the effect of Covid-19.

Senior partner Simon Prichard said: “To post record figures for turnover and profit is obviously pleasing, but they need to be put in the context of the very different world we are now operating in. The firm’s strategy has been centred around diversifying our range of services – in short, better aligning ourselves with our clients’ needs – and as such it has been gratifying to see this strong performance continue into the new financial year.”

Prichard added: “As we look ahead and shape ourselves to address the new economic realities both we and our clients face, it is clear that further investment in talent and technology will be a driver of our future success. We have long sought to place clients at the centre of our business, and it is an approach that has established us as a genuinely different voice in the marketplace.”

 

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