"Our re-election represents a strong commitment by the firm to its investment culture together with the ambition to achieve sustainable ‘quality growth’ for our ‘services into sector’ strategy."
Chris Lowe and Lothar Wegener re-elected as WFW Managing Partners14 December 2018
Their re-appointment comes as the firm’s revenue on a full accrual basis for the half year 2018/19 was £85.9m, exactly the same as for the equivalent and record-breaking period last year. It also represents a 65% revenue increase on the firm’s 2013 half year results, just prior to Chris and Lothar’s initial election as Managing Partners. Actual fees billed for the period were £74.6m as compared to £76.1m for the same period in 2017/18.
Chris commented: “We are energised and enthused at the prospect of a further term. Our re-election represents a strong commitment by the firm to its investment culture together with the ambition to achieve sustainable ‘quality growth’ for our ‘services into sector’ strategy”.
Lothar added: “Looking forward, with productivity having remained constant and a strong pipeline of work currently in progress, we are well placed to meet our planned annual growth target of at least 5%”.