Aukett Swanke losses blamed on market stagnation

Aukett Swanke's offices at Wembley Park for Quintain

Architect’s revenue decline sharpens

Aukett Swanke saw first half revenues slump by a fifth, driven down by what the firm called ongoing stagnation in the UK construction market which showed “no clear-cut evidence of recovery”.

The only stock market-listed architect warned in April that it would sink further into the red, following losses posted last year.

Total revenue for the practice in the six months to the end of March 2018 fell 19% to £7.4m, while it posted a total loss of £1.2m, more than twice the deficit reported at the same point last year.

This content is available to Registered users

You are not currently logged in.

LOGIN or REGISTER to access this story

LOGIN or REGISTER for free access on selected stories and sign up for email alerts.

Take out a subscription to BD and you will get immediate access to:

  • Up to the minute architecture news from around the UK
  • Reviews of the latest buildings from all corners of the world
  • Our monthly digital edition including stunning photos, building and technical studies
  • Full access to all our online archives
  • PLUS you will receive a print copy of WA100 when it is published in January

Get access to premium content subscribe today