Gowling WLG has posted revenue of £390.1m in the firm's first combined financial results since the union of Wragge Lawrence Graham & Co and Canada's Gowlings.

Birmingham-headquartered Wragges officially combined with Gowlings in February 2016; however, the two partnerships are not financially integrated and do not share profits.

The Canadian arm of the firm contributed £200m of this year's revenue, with the UK partnership generating £190.1m.

The UK arm of the firm posted revenue of £184.7m in 2015-16, a 2% increase on the previous year, while its 2015-16 PEP was £379,000.

For 2016-17, Legal Week has estimated global PEP of £290,000, with a UK PEP figure of £412,000.

Canadian law firms do not generally release financial information. Last August, the firm said that it expected its combined post-merger revenues to total "around £410m".

Gowling WLG UK chief executive David Fennell said: "We were pleased to navigate the Brexit uncertainty last summer, staying close to our key clients and growing our UK business, with our international platform generating over 1,000 new clients and instructions we simply would not have won in the past."

UK chairman Andrew Witts added: "Our core business has performed well – and we have continued to invest with hires in Canada, Paris, Munich, Singapore and Guangzhou – plus a new office in Stuttgart. Strategically, we've never been in a stronger position to grow our global business and client base – as shown in new instructions from the likes of Estée Lauder, Bombardier and Weetabix."

In March, the firm opened an office in Stuttgart, its second base in Germany, having launched an intellectual property-focused office in Munich in 2008.

When the combination between the two firms went live in 2016, the firm's head of international projects Quentin Poole set out ambitious plans to complete two more merger combinations by 2020.