Turnover and profits up at Thorntons
Thorntons has recorded strong financial results, reporting a 13.1 per cent increase in turnover to £26.9 million, with profits increasing by 14.6 per cent to £5.8m
Craig Nicol, managing partner at Thorntons, said: “Our latest financial results represent our commitment to long term investment with a clear strategy for growth across the business. Pagan Osborne was certainly a significant acquisition and we have made considerable headway in the transition for colleagues and clients into our business.
“We view training and people development as key to achieving our goals and with continued investment we’ve grown the headcount across our offices by 10 per cent in the past 12 months.
“We remain committed to constantly looking to improve our client service and provide our clients across all our locations with a full service offering. Our business levels remain strong amid continued uncertainty in some of our markets. We are, of course, mindful of Brexit repercussions but we are confident that we have a stable platform and income mix from which to sustain our growth.
“Looking immediately ahead, we are investing in a multi-media brand campaign, including TV, across all businesses locations. We hope this will position Thorntons as the firm of choice for all legal needs.”