Profits at Robey Warshaw slipped by 63% last year, ahead of a period when the Mayfair boutique secured advisory roles on some big UK M&A deals.
The latest figures for the advisory boutique, which has just a handful of employees but provides advice to some of the largest FTSE 100 companies, show that the firm made an operating profit of £17.9m. This was for the year to 31 March 2020, and is down from $48.4m for the previous 12-month period, when profits increased by nearly 130%.