Categories: Entertainment

Arup profit drops nearly a third despite 10% revenue rise

While group revenues rose 10% over the year to £1.89bn, this failed to translate into bottom-line growth with pre-tax profit down nearly a third to £37m.

The rise in revenue at the group was driven by mainly UK growth, which jumped by 17% to £710m.

Arup Group regional revenue (£m)
2022 2021 Change
UK 710 605 17%
Americas 363 351 3%
Australia 325 291 12%
Asia 301 266 13%
Europe 168 167 0.6%
Middle East/Africa 27 37 -27%
Total 1,894 1,717 10%

The increase in activity saw average monthly headcount rise again after pandemic cuts, up by nearly 600 staff to 15,517.

Despite the fall in profit, global profit share among staff jumped to its highest level at £143m, compared with £98m in the prior year.

The highest paid director’s salary and benefits package rose to £1m, up 25% on the previous year.

Read More

Greg Aftayev

Greg Aftayev is a Journalist at Flaunt Weekly Covering Tech News.

Recent Posts

Drip Pulls Off Comedic ‘Pop-Up Premiere’ Outside Liquid Death Offices with Festive Campaign

Flaunt Weeekly 'Le Drip' holiday campaign starring Big Zuu... 16 · 12 · 2024 This…

29 mins ago

Slowthai Cleared Of Rape Charges

Flaunt Weeekly Following a court trial... 16 · 12 · 2024 Mercury nominated rapper Slow…

29 mins ago

Aphex Twin Confirms New Compilation ‘Music From The Merch Desk’

Flaunt Weeekly 16 · 12 · 2024 Aphex Twin will release a new compilation tomorrow…

29 mins ago

Offset Shares ‘Swing My Way’ Video

Flaunt Weeekly Anok Yai stars in the 'luxe clip... 16 · 12 · 2024 Offset…

29 mins ago

PM Narendra Modi expresses grief over Zakir Hussain’s death, calls him “Cultural icon”

Flaunt Weeekly On Monday, Prime Minister Narendra Modi expressed his heartfelt condolences following the death…

29 mins ago

‘Zakir Hussain was greatness wrapped in humility and love’, recalls Hariharan with a shattered heart [Exclusive]

Flaunt Weeekly Master table Zakir Hussain passed away on Monday (December 16, 2024) in a…

29 mins ago