Foreword
We are delighted to report that Ashurst has delivered another year of strong financial performance and strategic progress in FY24, despite the ongoing challenges posed by economic uncertainty and geopolitical developments. We achieved our eighth consecutive year of significant revenue growth, with a 9% increase on FY23 to GBP 961m, and a 14% increase in profit per equity partner (PEP) to GBP 1.336m. The revenue growth in FY24 was 13% on a like-for-like exchange rates basis.
These results reflect the resilience and agility of our business, the strength of our client relationships, and the dedication and quality of our people. We have continued to invest in our talent, our capabilities, and our infrastructure, while maintaining our focus on our six priority industries and our integrated solutions approach. We have also made significant strides in our inclusion, diversity and belonging agenda, our sustainability and pro bono commitments, and our digital and innovation initiatives.
As we look ahead, we are confident that we have a clear and ambitious vision for the future, underpinned by our 2027 Strategy. This follows a similar focus with our 2019 Strategy and 2023 Strategy, which in each case has led to our strong growth trajectory over the last eight years.
We would like to thank all our clients for their trust, and all our people for their hard work and collaboration. Together, we have achieved remarkable results in FY24, and we look forward to building on this momentum in FY25 and beyond.
