UK downturn fails to dent Fosters’ record year

By Jim Dunton2019-09-11T05:00:00

UK’s biggest architecture firm reports largest ever global revenue

Foster + Partners has reported a hike in profit and its “highest ever” global turnover despite a drop in UK business.

In it’s annual accounts for 2018-19 the practice, which is the UK’s biggest employer of architects according to the WA100, said profit before tax was £21.5m for the year to April 30 – up 3.4% on the previous year’s figure.

Fosters said global turnover was £258m, up 21.4% on 2017-18 – however last year’s figure was significantly down on both previous years. Its 2018-19 figure is less than £1m above its 2015-16 revenue.

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