DAC Beachcroft has posted a 3% increase in like-for-like turnover and a 12% dip in profits per equity partner (PEP) for the 2012-13 financial year. Income for the 12-month period amounted to £188.2m, up on the combined turnover of £182.2m the previous year in what was firm’s first full year trading since the merger between legacy firms Davies Arnold Cooper and Beachcroft in October 2011. Despite the top line increase, PEP is down from £321,000 to £284,000 although the firm states net profit rose to £31.8m from its 2012-11 audited figure of £22.4m.
July 15, 2013 at 09:23 AM
1 minute read
The original version of this story was published on Legalweek
DAC Beachcroft has posted a 3% increase in like-for-like turnover and a 12% dip in profits per equity partner (PEP) for the 2012-13 financial year.
Income for the 12-month period amounted to £188.2m, up on the combined 2011-12 turnover of £182.2m in what was firm’s first full year trading since the merger between legacy firms Davies Arnold Cooper and Beachcroft in October 2011.
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