Revenue at City firm Clyde & Co grew 9% to £365m for 2013/14 on profits up 11% compared to the previous year.
The firm attributed growth to a strong performance in its UK business where revenue at its insurance practices rose 15% and our corporate and transactional practices rose 17%.
The firm said its results were due to an uplift in the UK economy and a ‘strong flow’ of UK and international transactions across insurance, energy, natural resources and infrastructure sectors.
It said growth in insurance reflected the consolidation of its 2011 merger with with Barlow Lyde & Gilbert (BLG).
Revenue in the firm’s Asia Pacific region increased 40%, reflecting overall growth of 40% across the firm’s international practices.
In 2012/13 revenue grew 17% to £334.6m compared with 2011/12, on profits up 21% to £85.3m, according to the firm’s UK Companies House filing.
Clyde & Co said it was unable to disclose details of total profits for 2013/14.