Annual Results

Scottish football club, Arbroath FC, has made headlines following a significant surge in their financial fortunes, tripling their annual turnover to £1.88 million in 2022. Despite the hurdles imposed by the Covid-19 pandemic, the club's rise to second place in the championship helped boost the

Farmfoods, headquartered in Cumbernauld, has posted a pre-tax profit of £22.2 million in 2022, an increase from the previous year's £20.5m.

Scottish construction accountancy firm, Empowered By Cloud, has achieved a record £1 million turnover, 45% up from the previous year's £692,000, according to financial reports for the year ended 30 April. This marked growth for the Glenrothes-based firm, established in 2018, comes alongs

Aberdeen-based transport giant FirstGroup has reported strong financial performance in FY 2023 with profits more than doubling to £82.1 million, exceeding expectations.

Ellon-based brewer and pub operator, BrewDog, has reported substantial losses for the third consecutive year, despite showing a 12% rise in revenue to £321.2 million. Following last year's £30.5m loss, the company states that this is a result of higher operational costs due to the p

Maxi Caledonian Ltd has posted a rise in pre-tax profits from £4 million to more than £4.3m and an increase in turnover from £80m to over £89m, in its 2022 financial results, showing resilience in a challenging business environment.

Scottish home furnishings retailer, Gillies of Broughty Ferry, has reported a notable increase in sales, achieving a turnover of £24.5 million for the financial year ending 31 August 2022.

Anne Boden, the founder of Starling Bank, is to step down from her role as CEO, effective from 30 June, transitioning to a non-executive role on the board. John Mountain, the current COO, will assume interim CEO responsibilities, steering the digital bank into its forthcoming growth phase.

Perth-based power generator and network operator, SSE, has revealed a near doubling of annual profits, driven by surging energy prices which fuelled a boom for its gas-fired power plants.

Engineering firm, Brimmond, is celebrating a record financial year, having realised a turnover of £6.5 million, marking a 10% increase from the prior year. Now, the firm forecasts a promising £10 million turnover for the 2023/2024 fiscal year.

In a significant turnaround, the Port of Aberdeen has reported a return to pre-pandemic activity levels in 2022, a year ahead of predictions.

Scotmid Co-op has reported a solid financial performance despite a challenging year, with its trading profit amounting to £3 million, £2.7m down from the previous year.

Grant Thornton UK has reported a 12% increase in revenue to £610 million in 2022, up from £543m the previous year. Pre-tax profits rose by only 5% to £121m due to increased costs. The firm opted to invest in pay rises, promotions, and hiring a record number of school-leavers amid i

Hampden & Co delivered its first full year profit in 2022, driven by strong income growth and client service. Total income for the year was £23 million, up 73% year-on-year, with the bank posting a pre-tax profit of £2.0m. Post-tax, reflecting a deferred tax credit, the bank achieved

Insurance broker Bruce Stevenson reported a 30% increase in turnover to £11.7 million and a 33% profit increase to £3.9m for the year ending February 28, 2023. Growth was driven by various specialist areas and new sectors, including life sciences, technology, and risk management.