Zaha Hadid warns coronavirus could hit profit

By Dave Rogers and Elizabeth Hopkirk2020-06-19T05:00:00

Source: Laurian Ghinitoiu

Impact on cash flow could become more significant in coming months, say directors

Zaha Hadid has become the first architect to warn of the impact covid-19 could have on its bottom line.

In accounts filed at Companies House for Zaha Hadid Holdings, which were signed off on 27 May by director Brian Clarke, the practice said: “The impact [of covid-19] on the business to date has been relatively minor in terms of current profitability and cashflow, however, this may be more significant over the coming months.”

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