Allen & Overy has announced strong results for the year ended 30 April 2018, building on last year’s record figures in an environment of continued geopolitical uncertainty. The figures are testament to a compelling international platform, as multijurisdictional work continues to drive growth.
Revenue up by GBP54 million (4%) to GBP1.57 billion (USD2.10bn; EUR1.78bn)
Profit before tax is up 3% to GBP690 million (USD923m; EUR784m)1
Profit per equity partner (PEP) is up 4% to GBP1.64 million (USD2.19m; EUR1.86m)2
Strong income growth from Western Europe, CEE and our Advanced Delivery businesses
All practice groups performed well, with International Capital Markets (ICM), Corporate and Taxation standout performers
Demand for cross-border work continues to drive growth with over three quarters of revenue derived from matters involving more than one country