Shares in Martin Gilbert's investment firm AssetCo fell nearly 5% after losses widened to £26.7 million during a "exceptionally difficult" year for asset management. Rising interest rates, inflation and the pandemic's lingering effects contributed to outflows from the UK equity strategies of R
Results
The House of Bruar retail destination at Blair Atholl has reported a robust financial performance in the year to 31 January 2024, with turnover rising 15% to £45 million. The results, filed at Companies House, were driven largely by the expansion of direct shopping channels, which now account
Royal London, the major life and pensions mutual company with offices in Edinburgh and Glasgow, has reported a surge in full-year profit and net inflows despite economic uncertainties. The firm, founded in 1861, unveiled a 19% increase in operating pre-tax profit to £249 million in 2023, attri
The Scottish travel company Cashel Travel Ltd has reported record profits and been awarded a prestigious Green Tourism Silver Award after bouncing back strongly from the pandemic. The family-owned destination management firm, headquartered in Leith, saw turnover increase by 49.39% to £9.45 mil
Beeks Financial Cloud Group Plc, the Braehead-based cloud computing and connectivity provider for financial markets, has reported its revenues surged 25% to £12.96 million, up from £12.96m, in its latest results for the six months ended 31 December 2023. Annualised Committed Monthly Recu
STV Group has reported a 22% year-on-year drop in operating profit, attributing the decline to a challenging TV advertising landscape and inflationary cost pressures. The group also announced that CEO Simon Pitts will step down in the next 12 months to start a new appointment in Q1 2025. The board h
The board of Murray International Trust has announced its annual results for the fiscal year ending 31 December 2023. The company's net asset value (NAV) demonstrated a total return of +8.6%, surpassing the UK Retail Prices inflation rate of +5.2%. This marked a return to genuine growth over the rep
The Macfarlane Group, headquartered in Glasgow, has reported a 3% year-on-year decline in revenue to £280.7 million in its preliminary results for 2023. However, amidst challenging market conditions, the company demonstrated resilience with adjusted profits before tax increasing by 10% from &p
Kettle Produce, a vegetable producer headquartered near Cupar, has disclosed a pre-tax loss of £1.89 million for the year ended 27 May 2023.
HSBC Group has increased its CEO Noel Quinn's pay package to £10.6 million, almost doubling his earnings from the previous year, despite a Q4 profit drop. The hit came from the bank's exposure to China's real estate downturn, resulting in a 78% decline in quarterly profits, falling to $1 billi
Edinburgh hospitality business Surgeons Quarter Ltd (SQ), is marking its 20th anniversary with high expectations of achieving its most successful year to date. The commercial arm of the Royal College of Surgeons of Edinburgh (RCSEd), SQ is set to surpass a £12 million turnover milestone, drive
The Edinburgh International Conference Centre (EICC) has achieved a record profit of £2.6 million on revenue of £12.8m for the year ended 31 December. This result is up from profits of £699,000 profit and revenues of £11.8m in 2022.
Springfield Properties is "confident of meeting market expectations" for profitability and debt reduction for the full year to May, the housebuilder said today in its first-half trading update.
Chivas Brothers, the Scotch whisky arm of Pernod Ricard, has unveiled its H1 FY24 financial results, reporting a -6% decline in organic net sales from July to December 2023. The dip is attributed to market and inventory normalisation after two years of exceptional growth. Despite this, the company m
Emergency Repair, Scotland’s first all-trades national emergency repairs company, is on track to record a turnover of £1 million in its first six months of trading. With 2000 emergency trade specialists and experienced engineers on call across the UK, the firm covers the length and bread