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.
Results
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
Nationwide Building Society has posted an underlying pre-tax profit of £980 million while setting aside £108m expected credit losses. It's H1 results show that the building society's pre-tax statutory profits rose 13% year-on-year to £969m from £853m for the half year en
Bank of Scotland owner Lloyds has reported a 26% drop in profits in its Q3 results as it braces for more defaults on bad loans. Profits were down to £1.5 billion, lower than the average forecast of £1.8bn as analysts expected a significantly small drop in profits of around 9.5%. However,
abrdn's North American Income Trust has released its half year results showing that the company returned 5.5% on a net asset value total return basis in sterling terms for the six-month period ended 31 July 2022. This outperforms the 4.9% total return of its reference index, the Russell 1000 Value I
A.G. Barr, the maker of Irn-Bru, has reported a 22.8% rise in pre-tax profits to £25.3 million from £20.6m in its interim results ending 31 July 2022. The profits were on revenues of £157.9m, a 20% rise from the same period last year on a like-for-like basis. The company announced
John Lewis has released its interim results showing a £99 million loss for the first six months ending 30 July 2022, compared to a £69m profit for the same period last year.
An increase revenues of 21% to £62.7 million has been reported by Smart Metering Systems (SMS) in its 2022 interim report for the six months ending 30 June 2022. The company's underlying profit before tax was up 7% from £9.6m to £10.3m for the same period last year. Pre-tax profit
STV has posted pre-tax profits of £10.6 million for the first six months ending 30 June, a 25% increase from £8.5m for the same period last year. Its interim report shows a healthy financial position and positive outlook for H2. Revenues grew 3% to £62.1m (£60.3m H1 2022), an
Popular Buy now, pay later (BNPL) start-up Klarna has revealed losses of 6.17 billion Swedish crowns (£497 million) for its first half results as it has seen costs soar and credit losses mount.
Scotland-headquartered logistics specialist, CCL Logistics & Technology, reported revenue growth of 23% to £29.5 million in its annual results for the year ending 31st December 2021 from £24m in 2020, while growing its headcount to 110. Founded in Troon by CEO Callum Bastock in 1999,
Morton Fraser has reported an increase in net profit of over 40% in a record-breaking year that saw the independent law firm record revenues of £23.9 million, a 16% increase on the previous year. The record results allowed the firm to deliver a staff bonus pool of over £600,000, which is
Glasgow-based packaging company Macfarlane Group has reported a pre-tax profit of £8.9 million on revenues of £139.2m for H1 2022, a 3% and 14% increase, respectively, from H1 2021. Basic and diluted earnings per share were 4.36p per share and 4.31p per share respectively. The interim di