The Artisanal Spirits Company, the owner of The Scotch Malt Whisky Society (SMWS), has reported a 3% increase in revenue to £10.2 million in its half-year results ending 30 June 2023, coinciding with the company's celebrations for 40 years in business. The group remains confident of
Results
Scottish woollen garment manufacturer Johnstons of Elgin is set to expand production following a robust sales performance and job creation despite a challenging economic landscape. Led by CEO Chris Gaffney, The family-run business, headquartered in the Highlands with additional facilities in the Sco
In a year marked by challenges and transformation, Peter Vardy Group showcased resilient financial performance reporting a 5% year-on-year increase in turnover, taking the figure to £609 million for the year ending 31 December 2022. However, profitability faced headwinds, with earnings before
Dunfermline-based furniture and fitout specialist Deanestor has reported an impressive financial performance, bouncing back to pre-pandemic profit levels and experiencing a 35% increase in turnover, which reached £19 million in the year ending 31 December 2022.
Macfarlane Group PLC has reported a pretax profit of £10 million, up 13% from last year, in its financial results in the first half of 2023. Revenue at the firm saw a modest rise of 2%, standing at £141.6m compared to the previous year's £139.2m, and the company's operating profit
Aberdeen-based oil engineering firm Wood Group has raised its full-year revenue and profit forecasts on the back of a series of significant contract wins.
Macdonald & Muir, the owner of whisky brands Glenmorangie and Ardbeg, has posted a surge in pre-tax profit of almost 60%, reaching £46.9 million in 2022. This rise is up from £29.5m the previous year. The company’s turnover also witnessed a notable increase of 47%, amounting to
Turnover at Gillespie Macandrew has reached £16.8 million, representing an increase of 11% on the previous year. The firm's financial results for the year ending 28 February 2023 indicate that it has achieved double digit income growth for the second consecutive year.
Edinburgh-based asset manager abrdn has reported a challenging first half of 2023, witnessing a withdrawal of £4.4 billion by clients, a significant 16% increase compared to the same period in the previous year. This reflects the heightened inflation and interest rate concerns which have shake
Travel and tourism has driven demand for Scottish heritage products such as shortbread, as sales of Walker's Shortbread in airports and train stations have risen by 150% in the past year. The family-owned company, based in the Scottish Highlands with 125 years of history, has witnessed an increased
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
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

