The Old Course Limited, which owns the Old Course Hotel and Duke's golf course in St Andrews, has reported a pre-tax loss of £1.4 million for the year ended 31 December 2023. This follows a £3.2m profit in 2022. The company attributed the shift to several factors, noting that 2022 w
Annual Results
Walker’s Shortbread has posted sales growth of £19 million, a 11.6% rise to £183m, resulting in a bump in operating profits by £7.1m – 119% – to £13.1m.
William Grant & Sons, the family-owned distiller behind Glenfiddich and Hendrick's Gin, has announced a significant increase in both profits and revenue for the year ending 31 December 2023. After-tax profits surged to £444 million, up from £331.3m in 2022, while revenue climbed to &
Freeths, which has an office in Glasgow, has seen its turnover grow by 13% to £145.5 million. The firm's latest published accounts reveal average annual turnover growth of more than 10% over the last five years and an increase of £16.7m over the last 12 months.
Springfield Properties has returned to paying dividends earlier than expected as a result of its focus on debt reduction over the past year and its confidence in a recovering sales market. Announcing its FY24 results to 31 May, the group confirmed it is on track to report results for FY25 in line wi
Deloitte has posted global revenues of $67.2 billion – a 3.1% increase, marking the Big Four firm's weakest performance in 14 years. This slowdown is largely attributed to a sharp decline in consulting services demand, particularly in the Americas and Asia. The consulting division, which contr
Food and drink wholesaler JW Filshill, one of Scotland’s oldest independent food and drink wholesalers, saw turnover increase to £215 million, up 6% from £203m, in the year ending 31 January 2024.
Barratt Developments has reported a 75% drop in annual profits and a double-digit decline in home completions after a “challenging” year for the housebuilder. Total home completions of 14,004 for the year ended on 30 June 2024, including joint ventures, was 18.6% lower than the 17,206 co
Burges Salmon has reported a 27% increase in turnover to £163 million, and a 46% increase in net profit to £50.5m from £34.6m. The independent UK law firm, which recently celebrated the fifth anniversary of its Edinburgh office, today published its results for the financial year en
Chivas Brothers, Pernod Ricard's Scotch whisky arm, has posted its 2024 full year results revealing a decline in net sales of -1.6%, but a strong rebound in the second half. The results reflect stabilisation against a record prior year, with a -6% dip in H1 offset by +5% growth in H2. Favourable pri
Unity Trust Bank has posted strong half-year results as it celebrates its 40th anniversary. Net lending increased to £1.032 billion, with 40% of loans allocated to organisations in areas of high deprivation, 57% specifically supporting disadvantaged or marginalised groups, and 59% going to org
The Scottish National Investment Bank has posted a £14.6 million pre-tax loss while committing £224.6m to 20 companies in its third year. The 2023/24 investment enabled a further £400m in additional investment alongside the bank.
Addleshaw Goddard, which has offices in Edinburgh, Glasgow and Aberdeen, has announced revenue of £496 million for the past financial year, representing growth of 12%. The firm's performance was driven by material investments in tech, core practices and priority sectors alongside office openin
Fife builder Muir Homes is to pivot away from the north east in favour of a central Scotland focus in an attempt to return to profitability and long-term growth.
Turnover at Gillespie Macandrew has increased 5.5% to £17.7 million as profits reached £5.25m, its latest financial results show. Progress was driven by strong results in each of the firm’s four core sectors, land & rural business, energy, private client and commercial rea