Grimshaw’s turnover up 68 per cent
Grimshaw has bucked the recession with turnover increasing 68 per cent on last year and the company now making an extra £800,000 in profit
A spokesperson for the practice said: ‘We can confirm that Grimshaw has been actively expanding its portfolio across several sector areas including masterplanning, culture, infrastructure, transport and education.’
Turnover for 2009/2010 was £16.6 million, up from £11.3 million on the previous year. Profit for the year was also up at £2.4 million, compared to £1.6 million in 2008/2009.
In contrast to the fate of many other practices the company took on 49 new architects, increasing the number on the payroll to 166. Eight new office and management staff were also hired.
The company currently employs 305 staff across its offices in Australia, the UK and USA.
Grimshaw this week revealed the first images of its completed Rainforest Lookout in the Rainforest Biome at the 2001 Stirling-prize nominated Eden Project in St Austell, Cornwall.
Daredevil adventurer Bear Grylls celebrated the project’s completion by abseiling from the platform into the Biome’s foliage.