Clyde & Co has posted a 17% rise in turnover totalling £224m for the first half of the 2016/17 financial year, improving on last year’s 8% increase over the same period to £192m.
According to the firm, the rise in first-half fee income would have been closer to 10% on a currency constant basis, which is typically what it aims to achieve each year. The 10% lift doesn’t include fees from Simpson & Marwick because the Scottish firm’s turnover was not included for the full six months at the same point last year. The merger with the Scottish firm went through in October 2015.
