Annual Results

Harbour Energy's shares experienced a sharp decline on Thursday, falling by over 10%, following the announcement of an annual loss.

Returning the vowels to its name, Aberdeen Group, formerly abrdn, has reported a significant reduction in client outflows, dropping to £1.1 billion in 2024 from £17.6bn the previous year, following a period of business simplification. Despite a 6% dip in adjusted net operating revenue, t

Aberdeenshire ice cream producer Mackie's of Scotland has reported a significant profit increase, driven by expanded supermarket distribution and successful marketing. Pre-tax profits rose by 67% to £2.24 million in the year to May, with turnover increasing by 7.2% to £22.3m. This turnar

Turnover at Thorntons has increased by 16% year-on-year as it continues to grow its legal services. Gross income grew to almost £44 million for the financial year ending May 31, 2024, compared with £37.8m the previous financial year. Profits rose by 35%, growing to £12.4m compared

Standard Chartered PLC has announced a further $1.5 billion (c. £1.2bn) share buyback following a 20% jump in underlying pre-tax profit to $6.8bn (c. £5.4bn) for the year ending 31 December 2024. This surge was driven by a 13% increase in operating income to $19.7bn (c. £15.6bn), w

Bank of Scotland-owner Lloyds Banking Group has reported a significant 20.4% drop in annual pre-tax profit, falling short of market expectations. The UK's largest mortgage lender posted a profit of £5.97 billion for 2024, down from £7.5bn in 2023, missing analysts' forecasts of £6.

HSBC has announced plans to save $300 million (c. £240m) in 2025 and cut $1.5 billion (c. £1.2bn) from its annual cost base by the end of next year. This comes as the bank details the impact of Group CEO Georges Elhedery’s restructuring. The bank also aims to redeploy $1.5bn from n

Moore Global, one of the UK's largest mid-tier accountancy groups, has announced record revenues for 2024, boosted by private equity investment. The network of 227 member firms across 114 countries saw a 13% increase in revenue, reaching $5.1 billion (c. £4bn). While some of this growth came f

NatWest has announced a rise in annual profits, boosted by loan growth, improved margins, and low default rates, despite a weakening UK economy in the latter half of the year. The bank reported net income of £4.8 billion, up from £4.6bn the previous year.

Barclays CEO CS Venkatakrishnan has seen his pay more than double to £10.5 million, up from £4.6m in 2023. This substantial increase coincides with a 24% rise in the bank's annual pre-tax profits, reaching £8.1 billion. The profit surge was driven by a rebound in investment banking

The Di Maggio's Restaurant Group (DRG) has reported record annual turnover of £49.52 million for the year ending April 2024, an increase of £3.68m from the previous year. Operating profit before exceptional items also rose by £1.18m to £6.23m. These results come despite chall

Angus Dundee Distillers, producers of Tomintoul and Glencadam single malt whiskies, saw turnover fall by nearly £20 million last year, according to their annual accounts. Pre-tax profits also decreased by 43%, dropping from £31m in 2023 to £17.6m to the end of June 2024. Turnover f

Fraserburgh-based Gray & Adams, known for its refrigerated trailers, has reported a surge in profits, nearly doubling from £9.4 million to £18.6m in the year ending 26 April 2024. This marks the firm's highest pre-tax profits this century, achieved despite a challenging period marked

Highlands-based water treatment solutions provider RSE has reported a strong financial performance for the year ending 31 March 2024. Revenue surged by 30% to £257.2 million, up from £197.7m in 2023, while operating profit rose to £19.9m from £13.9m.

Hero Brands has continued to drive the growth of the food & beverage (F&B) brands across its stable as it reports its latest financial results. Pre-tax profit was £3.8 million to the year ending 31 December 2023, with dividends of £6m. The group is currently on track to deliver &