Aberdeen-headquartered IT managed service provider ITWORX UK has celebrated a record turnover year and a decade of dedication from one of its team members. The organisation has reported a £4.6 million turnover for 2022/23 which is 40% growth against the previous 12 months.
Results
Aberdeen-based Parkmead Group has announced a substantial pre-tax loss of £35 million after impairments related to the relinquishment of North Sea licences.
Aberdeen Football Club has turned a net profit of £1.1 million for the year ending 30 June 2023, a notable rebound from a cumulative net loss of £14.8m.
SSE plc has published details of its 2023/24 interim results and announced a £2.5 billion increase to its existing five-year investment programme, expecting £20.5bn of investment to 2027 compared to £18bn previously.
Aberdeen-based energy and engineering services firm Wood Group has reinforced its annual financial projections following a lucrative third quarter, which saw several substantial contract gains.
Scottish broadcaster STV Group has reported it is bracing for a downturn in operating profit for the year ending 31 December 2023. The anticipated profit is projected to be around £20 million, a figure impacted by the weakening national TV advertising market and a slowdown in studio commission
BDO has reported a decline in partner pay, handing out an average of £609,000 per partner, following an ambitious recruitment drive and significant investment in its growth strategy. Despite the 6% decrease reduction in partner earnings from the previous year, the firm has seen robust financia
The Dundee-based Insights Group has announced a revenue surge to £95 million, with its subsidiary, Insights Learning and Development, contributing 95% to this figure through its globally recognised four-colour personality model, Insights Discovery. The group's success is attributed to its lear
Perthshire-based Davidsons Chemists is set to boost its sales by as much as £10 million this year, targeting a turnover of £65-70m. This growth trajectory follows the acquisition of five Lloyds pharmacies across Scotland, enhancing its presence to over 50 outlets. Managing director Allan
Royal Bank of Scotland-owner NatWest's share price took a sharp dive, marking their most significant drop since the Brexit referendum, following the bank's lowered profit forecast for the year. This decline was further compounded by the release of a highly scrutinised report by Travers Smith law fir
Lloyds Banking Group, owner of Bank of Scotland and Scottish Widows, has reported a surge in its pre-tax profits for the third quarter to £1.86 billion from £576 million in the same period a year ago, a figure slightly surpassing the £1.82bn City analysts had forecasted.
Law firm Burges Salmon, which has a major office in Edinburgh, has reported an 8% increase in turnover to £128.2 million in the latest financial year. In the financial year ending 30 April 2023, the firm also saw a dip in profit per equity partner (PEP) from £517,000 to £466,000 as
The Scottish Professional Football League (SPFL) has reported a record-breaking financial year, with a turnover surge of 6% to £41.9 million, the highest in the league's history.
Dundee-based C J Lang & Son Limited, the family-owned SPAR wholesaler and convenience retailer, has demonstrated resilient financial performance. The company's annual financial report for the year ending 30 April 2023 showed a promising 10.3% surge in pre-tax profits to £3.7 million and a
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.