Edinburgh-based private bank Hampden & Co has reported a marked uptick in growth during the first half of 2023, with a 74% year-on-year surge in total income, raking in £15.5 million, and a pre-tax profit of £5m in the same period. This positive momentum is highlighted
Results
Shepherd and Wedderburn has reported a 3% growth in its net profits, reaching £27.1 million. In the year to 30 April 2023, the firm also witnessed 7% turnover growth to £66.7m, marking Shepherd and Wedderburn's sixth year of consecutive growth.
Drinks conglomerate Diageo has celebrated a 12% increase in global Scotch whisky sales for the year ended 30 June 2023. The London-listed company, which owns almost 30 malt distilleries in Scotland, across which it employs 3,500 people, reported a 5.1% rise in operating profit to £4.6 billion,
Taylor Wimpey has reported a 21% fall in revenue and a 29% drop in pre-tax profit as rising interest rates knocked the housing market. In a trading update issued today, the housebuilder revealed revenue in the six months to 2 July 2023 fell to £1.64 billion from £2.08bn the yea
Following a tumultuous week that saw two of its chief executives resign, Natwest (NWG) has reported a strong interim performance for the first half of 2023, with total income rising from £6.22 billion to £7.73bn year-on-year, and net interest income increasing to £5.73bn from &pou
For the first half of 2023 TSB has reported a significant rise in pre-tax profits, reaching £147.9 million, a 43.7% increase compared to £102.9m in the first half of 2022. The income increase of 11% to £584.5m is mainly attributed to the higher interest rate environment, somewhat o
Stewart Milne Group said today it will resume the process of selling the company after it delivered its best results for almost a decade. The housebuilding business was put up for sale in April last year when its founder and main shareholder Stewart Milne decided to retire after nearly half a c
Lloyds Banking Group, owner of the Bank of Scotland, has reported a surge in half-year profit despite facing a slowdown in the second quarter due to increased competition for mortgages and savings, as well as higher provisions for bad loans.
Barclays has posted its half-year results, showing a 22% increase in pretax profit to £4.6 billion, for the six months ending 30 June 2023.
Glasgow-headquartered Smart Metering Systems (SMS) has reported robust growth in the first half of 2023, with its index-linked recurring revenues (ILARR) growing 13.3% to £110 million from £97.1m. The firm's smart meter portfolio, which includes meter assets, energy data, grid-scale batt
Aberdeen-based energy services operator Wood Group has reported robust trading for H1 with revenues expected at £2.2 billion, a 15% increase compared to the same period the previous year. Adjusted EBITDA is predicted to rise by 6% to approximately £147 million, reflecting favourable perf
Shell reported a record Q1 profit of $9.6 billion (£7.64bn), surpassing analysts' estimates of $8bn (£6.37bn), as higher trading earnings and liquefied natural gas (LNG) production compensated for lower oil and gas prices.
Virgin Money's pretax profit for the six months to 31 March 2023 dropped 25% to £236 million, exceeding analysts' estimates of £226m.
Chivas Brothers, the Pernod Ricard business dedicated entirely to Scotch whisky, reported performance with organic net sales up +23%, in its half-year results for the six months ending 31 December 2022, compared to HY23. This firm attributes the strong performance to its strategic focus on portfolio
Calnex Solutions has achieved pretax profits of £3.1 million up from £2.3m, a 34% increase year-on-year. The Linlithgow-based company's growth in profits comes on a 37.6% increase in revenues. The firm reported £12.7m in revenues for the six month's ended 30 September 2022, up from