Scottish bottled water brand Highland Spring is set for a significant expansion after managing director Simon Oldham revealed plans to double the company's size, fuelled by a £10 million investment in its Perthshire operations. This investment will boost capacity by 25% and crucially, enable H
Highland Spring
Highland Spring Group, producer of natural source water brands, revealed an increase in its underlying operating profit to £4.5m in its latest financial results for the year ending 31 December 2022.
Highland Spring Group have announced that Mark Steven, who alongside Simon Oldham, is currently joint managing director of the business, has taken the decision to retire and as of July 1, and Mr Oldham will take over as sole managing director of the company. Mr Steven and Mr Oldham have togethe
Highland Spring has blamed the impact of rising costs for the decrease in profits experienced by the firm in its most recent financial year. The company saw pre-tax profits dive to £520,000 for the year ended December 31st, a decrease from £3.3 million last time, as it struggled with the
HSBC has provided Highland Spring Group with £55.5 million to help its operational and environmental strategies prosper. The funding includes asset-based lending and debt refinance.