Grimshaw profit down 20% as HS2 Euston delay takes toll

HS2 Euston station entrance

Bottom line hit despite increase in global revenue

The decision to halt work on the HS2 station at Euston last March sent pre-tax profit into reverse at architect Grimshaw last year.

The firm was one of several firms affected by transport secretary Mark Harper’s order to pause the project with other firms hit including WSP, part of the design team with Grimshaw, and main contractor, the joint venture of Mace and Spanish firm Dragados.

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