Annual Results

AG Barr has announced a 15.8% increase in adjusted pre-tax profits, reaching £58.5m for the year ending 25 January 2025. However, the company also revealed plans to discontinue its Strathmore water brand, potentially leading to the closure of its Forfar manufacturing site and 23 job losses, su

Nairn's Oatcakes has reported a pre-tax profit increase to £4.2 million for the year ending 18 May 2024, up from £3.5m the previous year.

CHAP Group has reported a record annual turnover of £57.7 million for the 2023/24 financial year thanks to a robust performance of its Civils division and the opening of a regional office in Dundee. The results mark the fifth consecutive year of profit growth for the Westhill-based constructio

Phoenix Group shares experienced a surge of over 6% on Monday, following the company's announcement of significantly exceeding its cash generation targets and upgraded future guidance. The FTSE 100 firm, which owns Standard Life, reported a 31% increase in 2024 operating profit, reaching £825

Robertson Group has reported a 23% increase in revenue today in its financial results to year end 30 June 2024. Revenue of £825 million, up from £670m during the previous year, was in line with forecast, following a year of mixed trading performance across the portfolio with a number of

Balfour Beatty has reported a strong financial performance in 2024, driven by improved margins in its UK construction business and steady growth across key sectors. However, an increased provision for building safety remediation has impacted overall profitability.

STV Group has reported a robust financial performance for 2024, with revenue climbing 12% to £188 million, up from £168.4m in 2023, and adjusted operating profit up 3% to £20.6m. The growth was driven by strategic acquisitions and strong advertising revenue linked to the Euros.

Aluminum-clad timber windows and doors manufacturer NorDan UK has reported another record year with a turnover of £96.9 million in 2024, up from £85m in 2023. Craig Greenwood, who took over the reigns as managing director at the start of last year, said the results put the business on tr

Harbour Energy's shares experienced a sharp decline on Thursday, falling by over 10%, following the announcement of an annual loss.

Returning the vowels to its name, Aberdeen Group, formerly abrdn, has reported a significant reduction in client outflows, dropping to £1.1 billion in 2024 from £17.6bn the previous year, following a period of business simplification. Despite a 6% dip in adjusted net operating revenue, t

Aberdeenshire ice cream producer Mackie's of Scotland has reported a significant profit increase, driven by expanded supermarket distribution and successful marketing. Pre-tax profits rose by 67% to £2.24 million in the year to May, with turnover increasing by 7.2% to £22.3m. This turnar

Turnover at Thorntons has increased by 16% year-on-year as it continues to grow its legal services. Gross income grew to almost £44 million for the financial year ending May 31, 2024, compared with £37.8m the previous financial year. Profits rose by 35%, growing to £12.4m compared

Standard Chartered PLC has announced a further $1.5 billion (c. £1.2bn) share buyback following a 20% jump in underlying pre-tax profit to $6.8bn (c. £5.4bn) for the year ending 31 December 2024. This surge was driven by a 13% increase in operating income to $19.7bn (c. £15.6bn), w

Bank of Scotland-owner Lloyds Banking Group has reported a significant 20.4% drop in annual pre-tax profit, falling short of market expectations. The UK's largest mortgage lender posted a profit of £5.97 billion for 2024, down from £7.5bn in 2023, missing analysts' forecasts of £6.

HSBC has announced plans to save $300 million (c. £240m) in 2025 and cut $1.5 billion (c. £1.2bn) from its annual cost base by the end of next year. This comes as the bank details the impact of Group CEO Georges Elhedery’s restructuring. The bank also aims to redeploy $1.5bn from n