Norman Foster’s architecture firm almost doubles profits

Foster + Partners buoyed by Middle East expansion in year ending April 2021 despite global lockdowns The architecture practice run by Sir Norman Foster almost doubled its profits as it expanded in the Middle East and gained new business despite pandemic lockdowns. Total revenues fell by £33m to £200m in the year ending 30 April 2021, accounts for Foster + Partners, the practice’s main trading company, show. But profits before tax almost doubled to £36.2m during the year, compared with £19.8m in the previous year. Continue reading...
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