RIBA says architects maintained profits despite covid-19 turmoil

By Jordan Marshall2021-12-03T06:00:00

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But revenue plunges 15% in year to May 2021

Architecture practices were able to preserve profitability despite a plunge in revenues across the covid-19 pandemic, the RIBA has revealed.

In its annual summary of business trends in the sector, it said overall income was down 15%. But firms managed to keep their heads above water.

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