Sheppard Robson secures eight-fold profit hike

London-headquartered architecture practice Sheppard Robson has reported a sharp increase in its profits for the year ending March 31.

The company saw its pre-tax profits rise to more than £2.45m, up from just under £290k at the end of the previous year, according to Architects’ Journal.

The 12-month period also saw Sheppard Robson’s turnover rise by 24% to approximately £11.48m.

Directors Malcolm McGowan and Anthony Poole have said that the company’s performance mirrored the increased confidence within the property and construction markets.

According to the Architects’ Journal report, the Sheppard Robson directors commented: “The business faces uncertainties from the general economic climate and the effect this has on the construction industry.

“However the directors expect the general level of activity to increase and they look forward to the future with confidence owing to there being a strong pipeline of new business.”

Last year the firm completed work on a number of developments across the UK, including Manchester’s Citylabs biomedical centre and elements of the Finsbury Square offices in London.