Madrid’s LLorente & Cuenca posted a 12.4 percent gain in 2019 revenues to $47M, paced by 21 percent growth in both Spain and Brazil, its biggest markets.
Jose Antonio Llorente, founding partner/chairman credited the upbeat performance to consolidating operations, orienting the LLYC brand towards a consulting service focused on client needs and hiring new talent.
The Americas region accounted for more than half (55 percent) of revenues. The Mexico unit advanced by 20 percent, while the Colombia business grew by 18 percent.
LLYC, which had 610 professionals at yearend, has an office in Miami and Latin America desks in New York and Washington.
The firm has unveiled a 2020-2022 strategic plan geared to accelerating growth by acquisition and stepping up investment for its digital transformation.
Llorente said LLYC plans to position itself “at the cutting-edge of the most modern, advanced and efficient solutions.”