St James’s Place (SJP), the UK's largest wealth manager, has staged a dramatic comeback after a turbulent period. Despite a plummeting share price, since 2022, and a £426 million customer refund scandal, SJP's newly announced £500m cost-cutting programme and better-than-expected ha
Results
Aberdeenshire-based engineering firm Brimmond has posted a 74% increase in turnover for 2023-24, reaching £11.4 million – surpassing its forecast of £10m. A number of high-value contract wins across multiple sectors have contributed to this exceptional financial position:
Drax shares have soared over 12% to a 52-week high of 636p following strong first-half results, a promising full-year outlook, and the announcement of a £300 million share buyback. Pre-tax profits surged 37% to £463m for the six months ending 30 June. The FTSE 250-listed energy firm now
Alliance Trust has reported a positive performance for the first half of 2024, with increases in both share price, up 9% to 1,212p, and NAV per share, up 8.4% to 1,273.9p. The company's total returns slightly underperformed against the benchmark MSCI ACWI index, primarily due to lower holdings in te
TLT has announced another year of strong financial results with 12% year-on-year increase in turnover for 2023/2024. Annual revenue at the firm is up to £174 million from £157m in 2022/2023. Results for 2023/2024 were recorded over an 11-month period and subsequently annualised after TL
NatWest Group's shares surged to 7.5% in Friday's morning trading after the bank reported positive first-half results, raised its annual outlook, and announced a £2.5 billion mortgage portfolio acquisition from Metro Bank. Despite a 7.7% drop in total income to £7.13 billion, NatWest's p
Lloyds Banking Group reported a half-year pretax profit of £3.32 billion, a decline from the previous year due to increased costs and shrinking net interest income.
Accounting and advisory firm MHA has reported revenues of £180 million for the year end 31 March 2024, an increase of 27% on £142m reported in 2023. Revenue has doubled in the last 4 years from £90m in 2020. Total headcount is now 1,820 people across 24 offices with 136 partners.
The Royal Family's annual income is set to rise by 53% to £132 million in 2025/26, thanks to soaring profits from the Crown Estate.
Aberdeenshire-based STATS Group has reported record-breaking results for 2023, with revenues surging 26% to £74.7 million and EBITDA earnings climbing 33% to £12.1m. Headquartered in Kintore, near Inverurie, the pipeline technology company's principal activity is the provision of pr
Legal firm Garden Stirling Burnet has more than doubled its headcount and trebled its tally of fee-earners within the first two years of its new ownership.
Tomatin Distillery has reported a decrease in pre-tax profits to £10.2 million for the year ending December 2023, despite a slight increase in turnover to £31.4m. Managing director Stephen Bremner attributed the decline to a slowdown in consumer spending on whisky, driven by high interes
Brodies LLP has reported its fourteenth consecutive year of growth, posting revenue of £114.3 million. In the financial year to 30 April 2024, the firm saw revenue grow by just over 7.5%, from £106.25m the previous year. Operating profit also increased from £48.6m to £49.2m,
Legal firm Shoosmiths, which has offices in Edinburgh and Glasgow, has announced its results for the 2023/24 financial year. The firm saw a 6% jump in revenue, up to £206.7 million from £194.1m last year. Its profits also climbed to £66m, a 5% increase from last year’s £
Edinburgh-based risk prevention specialist Reactec has announced its busiest year on record – with a 40.9% increase in annual turnover to £5.58 million. The company’s accounts for the year ended 31 December 2023 showed a gross profit of nearly £3.8m and an operating loss