News

Thomas Heatherwick ups dividend as profit at his practice crashes by 73%

By 2025-01-08T11:45:00

Thomas Heatherwick 4

Heatherwick Studio founder took home £1.4m last year, almost a third of the profit earned by the practice

Thomas Heatherwick increased his annual dividend last year despite profits at his practice Heatherwick Studio crashing by 73% following a collapse in revenue from the US.

The firm reported pre-tax profit of £4.7m for the year to 31 March 2024, down from the £17.6m earned in the previous year, with turnover during the period falling from £49.6m to £42.3m.

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