Architects maintained profits despite pandemic, RIBA’s annual survey finds

摘要

Architecture practices were able to preserve profitability despite a plunge in revenues during the covid- 19 pandemic, the RIBA has revealed. In its annual summary of business trends in the sector, it said overall income was down 15%. But firms managed to keep their heads above water and Adrian Malleson, head of economic research and analysis at the institute, said: “Change to business’ strategy was needed in weeks or days, rather than months or years.