STV Group has reported a 22% year-on-year drop in operating profit, attributing the decline to a challenging TV advertising landscape and inflationary cost pressures. The group also announced that CEO Simon Pitts will step down in the next 12 months to start a new appointment in Q1 2025. The board h
Results
The board of Murray International Trust has announced its annual results for the fiscal year ending 31 December 2023. The company's net asset value (NAV) demonstrated a total return of +8.6%, surpassing the UK Retail Prices inflation rate of +5.2%. This marked a return to genuine growth over the rep
The Macfarlane Group, headquartered in Glasgow, has reported a 3% year-on-year decline in revenue to £280.7 million in its preliminary results for 2023. However, amidst challenging market conditions, the company demonstrated resilience with adjusted profits before tax increasing by 10% from &p
Kettle Produce, a vegetable producer headquartered near Cupar, has disclosed a pre-tax loss of £1.89 million for the year ended 27 May 2023.
HSBC Group has increased its CEO Noel Quinn's pay package to £10.6 million, almost doubling his earnings from the previous year, despite a Q4 profit drop. The hit came from the bank's exposure to China's real estate downturn, resulting in a 78% decline in quarterly profits, falling to $1 billi
Edinburgh hospitality business Surgeons Quarter Ltd (SQ), is marking its 20th anniversary with high expectations of achieving its most successful year to date. The commercial arm of the Royal College of Surgeons of Edinburgh (RCSEd), SQ is set to surpass a £12 million turnover milestone, drive
The Edinburgh International Conference Centre (EICC) has achieved a record profit of £2.6 million on revenue of £12.8m for the year ended 31 December. This result is up from profits of £699,000 profit and revenues of £11.8m in 2022.
Springfield Properties is "confident of meeting market expectations" for profitability and debt reduction for the full year to May, the housebuilder said today in its first-half trading update.
Chivas Brothers, the Scotch whisky arm of Pernod Ricard, has unveiled its H1 FY24 financial results, reporting a -6% decline in organic net sales from July to December 2023. The dip is attributed to market and inventory normalisation after two years of exceptional growth. Despite this, the company m
Emergency Repair, Scotland’s first all-trades national emergency repairs company, is on track to record a turnover of £1 million in its first six months of trading. With 2000 emergency trade specialists and experienced engineers on call across the UK, the firm covers the length and bread
Scottish glass and aluminium specialist Cube Glass has boosted its revenues by well in excess of £1 million as well as developing lucrative new international partnerships. The Cumbernauld-based tech pioneer has pushed its turnover to a record £4.5m in the year to October 2023, up from &p
Thorntons has posted profits of £9.2 million and turnover of £37.8m, for the financial year ending 31 May 2023. Profits are 9.1% (£0.9m) down from last year, after a seven-figure IT investment and staff benchmarking exercise. Turnover is up 8.2% (£2.86m) from £35m,
Angus Dundee Distillers has posted pre-tax profit of £31.3 million, marking a substantial increase of over 25% compared to the previous year, and turnover of £81.6m, reflecting growth of 14.9% or £10.6m.
Energy industry firm Wood Group has released its full-year trading update for the year ending 31 December 2023, demonstrating robust financial results in line with expectations.
Blackadders LLP has reported increased turnover and profit in its latest accounts. The firm's turnover for 2022/23 was £16.7 million, including Blackadders Wealth Management LLP. Profits stood at £4.23m.