Arup is owned in trust for the benefit of its employees, so the group enjoys the freedom to invest for long term growth, rather than chase short term shareholder returns. This is a great strength of the firm, but it is also backed by a very clear determination to maintain the financial health of the group. As Ove Arup noted in the Key Speech, this is the only way we can remain in a position to follow our mission of shaping a better world.
The latest financial report for the 12 months to 31 March 2016 demonstrates Arup’s continued commitment to transparency and responsible financial management.
The report shows Arup’s position strengthened with another year of growth. Annual income grew by 10.2% to £1.24 billion for the period April 2015 to March 2016, with our operating profit margin before staff profit-sharing increasing to 10.1%. During the year an average of 12,800 employees worked on more than16,000 projects in 146 countries, and Arup saw robust performance in all Regions.