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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 included expanding Heathrow where it has been masterplanner, breached the 2016 Paris climate agreeme...

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 issue of the AJ Every issue of AJ Specification Unlimited access to AJ articles online Daily newsletter ...