CMS pre-merger revenue remains static over 2016/17
CMS has released its financial results for 2016/17, reporting year-end turnover of €999m, or €1.05bn without currency fluctuation. The figure stayed static compared to the firm’s 2015/16 revenue of €1.01bn, which represented an 8.4 per cent increase over the prior year’s turnover of €934.5m.
This year’s financial results are the last for CMS as a standalone firm. CMS did not release financial results for Nabarro or Olswang, although those figures are expected to be available within the next few months.