Scottish broadcaster STV Group has reported it is bracing for a downturn in operating profit for the year ending 31 December 2023. The anticipated profit is projected to be around £20 million, a figure impacted by the weakening national TV advertising market and a slowdown in studio commission
Results
BDO has reported a decline in partner pay, handing out an average of £609,000 per partner, following an ambitious recruitment drive and significant investment in its growth strategy. Despite the 6% decrease reduction in partner earnings from the previous year, the firm has seen robust financia
The Dundee-based Insights Group has announced a revenue surge to £95 million, with its subsidiary, Insights Learning and Development, contributing 95% to this figure through its globally recognised four-colour personality model, Insights Discovery. The group's success is attributed to its lear
Perthshire-based Davidsons Chemists is set to boost its sales by as much as £10 million this year, targeting a turnover of £65-70m. This growth trajectory follows the acquisition of five Lloyds pharmacies across Scotland, enhancing its presence to over 50 outlets. Managing director Allan
Royal Bank of Scotland-owner NatWest's share price took a sharp dive, marking their most significant drop since the Brexit referendum, following the bank's lowered profit forecast for the year. This decline was further compounded by the release of a highly scrutinised report by Travers Smith law fir
Lloyds Banking Group, owner of Bank of Scotland and Scottish Widows, has reported a surge in its pre-tax profits for the third quarter to £1.86 billion from £576 million in the same period a year ago, a figure slightly surpassing the £1.82bn City analysts had forecasted.
Law firm Burges Salmon, which has a major office in Edinburgh, has reported an 8% increase in turnover to £128.2 million in the latest financial year. In the financial year ending 30 April 2023, the firm also saw a dip in profit per equity partner (PEP) from £517,000 to £466,000 as
The Scottish Professional Football League (SPFL) has reported a record-breaking financial year, with a turnover surge of 6% to £41.9 million, the highest in the league's history.
Dundee-based C J Lang & Son Limited, the family-owned SPAR wholesaler and convenience retailer, has demonstrated resilient financial performance. The company's annual financial report for the year ending 30 April 2023 showed a promising 10.3% surge in pre-tax profits to £3.7 million and a
Highland Spring Group, producer of natural source water brands, revealed an increase in its underlying operating profit to £4.5m in its latest financial results for the year ending 31 December 2022.
Renfrewshire-based Beeks Financial Cloud has reported a year of continued growth, underscoring its increasingly influential presence in the global financial services sector. The Scottish company highlighted its financial achievements for the 12 months ending 30 June 2023, with revenues rising 22% to
Car dealership Arnold Clark has paid out £67 million worth of dividends to its family owners, a sum almost equivalent to the company’s furlough payments during the pandemic.
The organisation managing the St Andrews Old Course has experienced a financial turnaround with a return to pre-pandemic revenue levels, posting a profit of £3.7 million in 2022.
Walker’s Shortbread has reported a 16% annual turnover increase in its latest financial release, reaching £164.6 million, up from £142.4m in the preceding year.
Irn-Bru manufacturer AG Barr has encountered a contraction in profit margins, declining to 12.5% for the half-year from 16.2% in the previous year due to a decision not to fully relay the inflation impact on costs to the consumers. This choice was made in light of the intention to maintain consumer-