Zaha Hadid has become the first architect to warn of the impact covid-19 could have on its bottom line.

In accounts filed at Companies House for Zaha Hadid Holdings, which were signed off on May 27 by director Brian Clarke, the practice said: “The impact [of covid-19] on the business to date has been relatively minor in terms of current profitability and cashflow, however, this may be more significant over the coming months.”

It added: “The company and wider group is able to utilise covid-19 governmental support, can reduce costs in line with sales and has available external credit facilities that are yet to be fully utilised.”

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