Arup sees annual figures head north

By Hamish Champ2018-11-20T07:00:00

Revenue up 4%, while operating profit rise includes proceeds from property sale

Arup chairman Gregory Hodkinson has described the engineering giant’s latest results as a “reasonable financial performance”, after reporting revenue up nearly 4%.

In the year to the end of March 2018 Arup generated revenue of £1.56bn and an operating profit of £113.2m, up 57%, which included proceeds from the sale of a building it owned in the west end of London to the Workspace group.

Stripping out the disposal, a move which generated a profit of nearly £46m, Arup’s overall operating profit came in at £67.4m, down 7% year-on-year.

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