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BDP announces strong growth in anniversary year
BDP has posted recorded strong growth and positive financial results for the financial year ended 30 June 2021. We achieved an operating profit of £13.6million - an increase of 2% on the previous year.
The record results come in the year that we celebrated our 60th anniversary, announced a new chief executive and completed the acquisition of sports stadia architecture specialist, Pattern Design Limited.
Chief executive, Nick Fairham, said: “For 60 years, we have operated as a people-focused practice with social purpose. It drives our business planning, design thinking and culture. Now more than ever, this is crucial to our business.
“The pandemic has transformed the way we work. In the last year, our teams have shown innovation, resilience and resolve to maintain our existing portfolio of projects, identify new opportunities and win exciting new work, in challenging circumstances. We continue to embrace the exceptional design quality, collaboration and agility upon which the practice was founded. Investment in technology and enhancement of our creative and sustainable design approach offers a practical and cost-effective way of accommodating change, but also one which supports the future of our planet and our business.”
“Our interdisciplinary structure gives us unique insight to challenge the carbon impact of the built environment and sees us at the forefront of some of the UK’s most sustainable projects. We have taken on the challenge of retrofit and shown deliverable strategies from city scale to building components in the circular economy. Social value has been at the centre of our company culture since 1961. It is no coincidence that the five projects shortlisted in this year’s RIBA regional awards each has such a strong, valuable impact on their communities.”
Nick Fairham, Chief executive
Strengthened by Nippon Koei’s global presence, our established international studio network underpins a long term plan to further extend its interdisciplinary services beyond the UK market. This strategy began with the acquisition of global sports stadia experts, Pattern Design Limited in July 2021 - including its city studio in Lima. By offering interdisciplinary services and support from international hubs, BDP Pattern aims to win and deliver more large-scale sports projects across the globe.
Nick Fairham continues: “Our global strategy is enhancing the diversity and innovation in our practice. In the last financial year, almost a third of our revenue came from projects won outside our core UK market and our significant presence in North America and South East Asia regions offers large markets and growing economies for future projects.
“We recognise that the needs of cities across the globe are changing as climate change and new technologies drive cultural and business needs. Our integrated studio strategy means we can share, plan and adapt, whilst encouraging the reuse and refurbishment of existing assets and development of sustainable building strategies at every opportunity. The excellence of our people and the connectivity we have seen emerge through the pandemic will help us to continue our growth and offer the best of BDP to our global clients for the next 60 years and beyond.”
Our project highlights from the last financial year include the completion of Europe’s most sustainable hotel - Wren Urban Nest in Dublin and the delivery of the largest home for engineering in any UK university: MECD at the University of Manchester. AstraZeneca’s new state-of-the-art strategic R&D centre and global corporate headquarters at the heart of the Cambridge Biomedical Campus was completed and in Wales, the Grange University Hospital was handed over four months ahead of schedule. In Dubai, Heriot-Watt University opened the doors to its new repurposed building campus in Dubai Knowledge Park and in Toronto, BDP Quadrangle designed and delivered a new television studio for national sports broadcaster, Sportsnet.
Credit Hufton+Crow
