Prof­its soar at ar­chi­tects Scott Tal­lon Walker

Irish Independent - Business Week - - BUSINESSWEEK - Gor­don Dee­gan

PRE-TAX prof­its at the award-win­ning ar­chi­tects Scott Tal­lon Walker last year more than tripled to €811,983.

The firm, which de­signed the new 43,000 Pairc Uí Chaoimh in Cork and has also co-de­signed Dublin’s Aviva sta­dium, recorded the 244pc in­crease in pre-tax prof­its as rev­enues in­creased by 36pc from €7.1m to €9.6m.

In re­sponse to the surge in busi­ness, it in­creased its work­force from 76 to 92 dur­ing 2016.

“As pre­dicted, 2016 saw on­go­ing re­cov­ery and con­fi­dence in the Ir­ish market with a pos­i­tive up­lift in our rev­enues and prof­itabil­ity and our ap­point­ment to a num­ber of high-level projects,” the di­rec­tors’ re­port stated.

The firm and the di­rec­tors added that they are sat­is­fied with the com­pany’s fi­nan­cial po­si­tion at the end of last year.

They state that in re­sponse to this in­creased work­load, “we have re­cruited tal­ented ar­chi­tects to de­liver this work in 2017 and their costs are re­flected in our op­er­at­ing ex­penses for 2016”.

The di­rec­tors state that work­ing closely with the firm’s Lon­don of­fice “we have also as­sisted our UK sis­ter com­pany in se­cur­ing a num­ber of flag­ship projects in the UK”.

Staff costs in­creased from €4.2m to €5.5m.

Pay to the 12-strong board last year in­creased from €902,211 to €1.2m.

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