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‘Rising market’ lifts AHR profits by 16% to £32m

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July 14 2015

‘Rising market’ lifts AHR profits by 16% to £32m
AHR has enjoyed a fruitful year of independence since demerging from Aedas last summer after increasing its turnover by 16 per cent to £32m in the year ended 31 December 2014.

Turnover was bolstered by the higher education, technology and transport sectors, following contract wins with Virgin Trains and First Group amidst a ‘rising market’ which has seen the number of architects employed by the firm rise by 66 to hit 396.

Managing director Martin Wright said: “We are in the process of setting up our new office in Dubai from where we will target new work opportunities throughout the Middle East and Asia. In the UK we expect to see continued growth particularly in infrastructure and the commercial and residential sectors.”

Seperately AHR has appointed Robert Barr, former non-executive director at WYG, as a non-executive chairman.

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