Blackadders has posted a 6% rise in profit and 1.4% growth in turnover, for the combined income its law and wealth management operations, in the latest fiscal year (2023/24), as it positions itself to make the most of AI integration and to hit growth targets. The combined turnover for Blackadde
Results
Glasgow Prestwick Airport has returned a £3.2m operating profit for the year 2023-24, reflecting the strength and resilience of its diverse business model. With revenue streams spanning passenger travel, cargo operations, general aviation, fuel supply and property, the Airport continues to dem
Ledingham Chalmers has announced senior leadership changes as it celebrates record turnover of £14.3 million, its highest since becoming an LLP in 2006. The Aberdeen-headquartered law firm broke its turnover record for a third consecutive year, with a 7% year-on-year increase from £13.4m
Shares in Aberdeen-based energy firm Wood Group have plummeted by over 50% on Thursday after it reported a significant loss in its third quarter results and that it would commission an independent review by Deloitte. The Aberdeen-based company, which employs 35,000 people globally, announced a &poun
Fife-based commercial laundry firm Fishers has returned to profitability after a four-year gap, posting pre-tax profits of £3.8 million for 2023. This follows a loss of £608,000 in 2022 and the challenges brought on by the pandemic, which saw the company lose 90% of its trade and tempora
Rangers Football Club has posted a £17.2 million loss, for the year ended 30 June 2024, despite record revenues of £88.3m. The club attributes the loss to a lack of significant player sales and increased operating expenses.
Coinciding with its announcement of a better-than-expected 10% rise in pre-tax profits to $8.5 billion (c. £6.6bn) during Q3 2024, HSBC's CEO, Georges Elhedery, has dismissed speculation that the bank's recent restructuring signals a potential breakup. The restructuring, announced last week, w
NatWest Group has posted a 26% jump in third-quarter profits to £1.7bn, exceeding expectations and raising its income forecast for the year. This strong performance comes despite a challenging UK economic outlook and follows a trend of positive results from other major UK banks.
Scottish construction firm Algo has bounced back from losses in 2023 to achieve a pre-tax profit of £1.5 million for the year ending 30 June 2024. The Perth-based company attributed the previous year's losses to rising material costs impacting local government housing contracts.
Barclays has exceeded profit forecasts for the third quarter of 2024, driven by strong performance in its investment banking division.
Lloyds Banking Group has exceeded profit expectations, reporting pre-tax profits of £1.8 billion for the third quarter.
BrewDog has posted a £59 million pre-tax loss for 2023, marking the Aberdeenshire-based craft beer company's fourth consecutive year of losses. This follows losses of £12.5m in 2020, £9.4m in 2021, and £30.5m in 2022. The company last recorded a pre-tax profit of £1.1m
Donald Trump has loaned nearly £5 million to his Scottish golf course last year as the company faced mounting losses. Trump International Golf Club Scotland, which operates an 18-hole resort in Aberdeenshire, received a £4.7m interest-free loan from DJT Holdings, the parent company owned
Dundee-based SPAR wholesaler and convenience retailer CJ Lang & Son Ltd has reported a 14.2% rise in net turnover to £253 million and an 8% increase in pre-tax profits to £4m for the year ended 28 April 2024. In the last year, the family-owned business, acquired 12 new company stores
Whyte & Mackay, the whisky giant behind brands like Dalmore, Tamnavulin, and Jura, has reported a surge in pre-tax profits to £96 million in its latest accounts. Turnover also jumped to £370 million for the year ended 31 December 2023, up from £321m the previous year.