Cable car’s architect is riding high at £159m

 
The Emirates Air Line South Terminal at Greenwich Peninsula
Pictures by GLENN COPUS ©
Mark Leftly7 January 2013

The architecture practice behind the Thames cable car crossing, which proved so popular when it opened ahead of the Olympics, has seen revenue rise by 12%.

London and Hong Kong-based Aedas, which is also known for its work on Dubai Metro and has 2000 staff worldwide, today said global turnover hit £158.8 million in 2011 while pre-tax profit was £12.8 million.

Asia provided the bulk of this improvement, as Britain, Europe and the Middle East posted a pre-tax loss of around £1 million after a restructure.

Growth in the UK is not expected to return until next year. Aedas is looking to win work in the US, where it currently has offices only in Seattle and Los Angeles.

Aedas was one of several members of the team that made the Emirates Air Line cable crossing in London, which also included fellow architecture firm Wilkinson Eyre and Mace, the construction company behind the Shard tower.

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