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Grimshaw鈥檚 profits rose by 50% in the last year, according to the architect鈥檚 latest accounts.

Operating profit increased to 拢1.8m in the 12 months to April 2014.

Turnover for the group was up 18% to nearly 拢30m. This excludes its US operation which contributed a further 拢5m in turnover.

Staff numbers also grew from 319 to more than 350, based in offices in London, Melbourne, Sydney, Doha and New York. This follows last year鈥檚 12% slip in staff numbers.

The London office increased turnover by 16% while the international business grew by 19%.

Neil Boyde, Grimshaw鈥檚 chief financial officer, described performance as 鈥渉ighly satisfactory鈥�.

鈥淭he group is in a healthy financial condition,鈥� he said. 鈥淭here is scope for further improving profitability and we are on track to achieve this in the current financial year.鈥�

During the 2013/14 period Grimshaw was appointed to develop the Curragh Racecourse in Ireland and two projects in Istanbul: New Airport and the Ko莽 Contemporary Art gallery. The practice also completed concourse B at Heathrow Terminal 2 and Highpoint Shopping Centre in Melbourne.

Performance in the current financial year shows further growth, said Boyde, with wins at home and abroad that would provide a 鈥渟olid foundation鈥� for the next two years.

Projects include the expansion of Lima鈥檚 Jorge Ch谩vez international airport as well as an expanding commercial portfolio in Australia.

The practice also completed New York鈥檚 Fulton Centre transit hub in November.