News

Arup’s financial results show return to growth

Dan Allen Arup Dan Allen Global Media Relations Manager,London
24 February 2023

Resilience and adaptation to unforeseen events helped Arup achieve a return to pre-pandemic revenue growth during the financial year ending 31 March 2022, as the firm worked with clients and partners to plan, design, and build a sustainable future. 

In the period between April 2021 and March 2022, Arup recorded income (revenue and other income) of £1.9 billion, up 10 percentage points on the previous year, and a 10% operating profit (before distributing global profit share to members).

Pandemic lockdowns were in place during this period in several nations where Arup operates. The firm responded by supporting clients to evolve their strategies and by empowering members to be agile in response to changing conditions.

During this period, Arup made two important decarbonisation commitments at the United Nations climate change conference, COP26. It committed to applying whole life carbon assessment techniques to its global portfolio of building design projects, and to not pursuing work that supports the extraction, refinement, or transportation of hydrocarbon-based fuels – with the exception of the manufacture of hydrogen, which the firm considers a part of the transition to a net zero future. For updates see: Arup announces international dataset of whole life carbon emissions for buildings at COP27.

These commitments reflect Arup’s strategic commitment to sustainable development, which increasingly drives its work. During the year ending March 2022, this work included development of a decarbonisation strategy for three Great Barrier Reef islands and using its artificial intelligence land-use analysis tool, Terrain, to help understand some of the world’s largest cities’ natural capacity to absorb heavy rainfall.