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Grimshaw’s profits fell nearly 20 per cent over the last financial year as work paused on its HS2 Euston terminus – even as revenues grew by over a third

In the year to 30 September 2021, the practice earned £55 million – down from £118 million in Grimshaw’s previous, 18-month accounting period. On a

Architect says average monthly profit down 40% in latest report and accounts

By Dave Rogers 2021-05-14T06:00:00+01:00 Architect says average monthly profit down 40% in latest report and accounts Grimshaw was left counting the cost of covid and its impact on its key aviation business last year as the firm said monthly income had nosedived a third since the pandemic took hold last spring. The architect was already facing a major headache before covid struck last March when a Court of Appeal decision a month earlier ruled the UK government’s airports policy, which ...

Grimshaw’s profit drops as Covid hits workload Digital Edition: Grimshaw’s profit drops as Covid hits workload Grimshaw has reported a 42 per cent decrease in profit – calculated on an average monthly basis – following job cancellations caused by the coronavirus crisis Enjoyed your complimentary access to the AJ? Register to read a limited number of free articles Register Every issu...