Kennedys global turnover up 8% while debt increases to £20.3m

July 1, 2017 Kennedys has reported its latest financial results, which show an 8 per cent increase in global turnover. For the 2016/17 year, global turnover rose from £138.8m to £149.9m. The firm credits much of the boost to its European region, which saw 118 per cent growth from £6.5m to £14.2m.

Meanwhile, the firm’s debt figure reached £20.3m, representing 13.5 per cent of total revenue. The debt increase was primarily a result of increased headcount and new office openings.

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