Richard Oldworth

Reports from our company leaders

Buchanan

Richard Oldworth

Report by Richard Oldworth
Executive chairman

B

uchanan’s positioning as a strategic communications boutique produced increased revenues and profits in 2016. The first half saw some interesting corporate restructuring assignments as well as higher underlying retained fee income. While the Brexit vote adversely affected our UK-centric IPO pipeline in the second half, a resurgent natural resources sector helped push our year-end retainer run rate almost 20% higher than a year earlier.

We expect good growth in 2017 and are targeting the addition of a select number of senior recruits to further enhance our offer.