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Profit doubles at Zaha Hadid Architects

Source: Brigitte Lacombe Zaha Hadid Operating profit at Zaha Hadid Architects doubled last year to £3.2m, accounts just filed at Companies House show. But the number of staff fell by nearly 50, almost all of them described as “technical staff”. The number of directors remained the same at seven, and administrative staff were largely unaffected. At the same time annual turnover slid from £57m to £53m, although this is against a backdrop in which turnover in 2018 and 2017 was around £43m. Although the jump in operating profit, from £1.6m in 2019, was dramatic, profit is still some way off 2018’s level of £4.2m.

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