Ontier revenues up 11.7% to €17m

Ontier Hermosilla & Gutierrez de la Roza has reported an 11.7 per cent increase in revenue, while its operating profits have almost doubled.

Reporting figures for the 2014 financial year, the firm said its three Spanish offices – in Madrid, Oviedo and Santander – had generated €17 million in revenue, while operating profits were up 95 per cent to €3.3 million.

The operating costs of the three offices stood at €13.5m, up 0.9 per cent on the previous year. The firm has 19 partners working in its Spanish offices. The firm is set to open a fourth Spanish office, in Sevilla, later this year.

Worldwide, the firm has 16 offices in 12 countries, with a total revenue of more than €35 million. The firm has 46 partners worldwide.

The firm said it anticipated a similar level of revenue growth in the 2015 financial year.