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
Results
HSBC Group has announced a further $4.8 billion (c. £3.7bn) payout to shareholders, comprising a $3bn (c. £2.3bn) share buyback and $1.8bn (c. £1.4bn) in dividends. This comes as the bank reported a 1.5% increase in pre-tax profit to $8.9bn (c. £6.9bn) for the second quarter.
Irn-Bru maker AG Barr has reported strong sales growth for the first half of the year, driven by the success of its soft drinks brands, particularly Irn-Bru, during the Euros. Revenue for the period is expected to be around £221 million, a 5% increase compared to the same period last year.
Drinks giant Diageo has reported its first decline in global sales since the pandemic, however, the UK defied the trend, thanks to a surge in popularity of Guinness and related products. Sales of Guinness and its variants, such as Guinness 0.0 and Nitrosurge, soared in the UK, leading to a 5% increa
St James’s Place (SJP), the UK's largest wealth manager, has staged a dramatic comeback after a turbulent period. Despite a plummeting share price, since 2022, and a £426 million customer refund scandal, SJP's newly announced £500m cost-cutting programme and better-than-expected ha
Aberdeenshire-based engineering firm Brimmond has posted a 74% increase in turnover for 2023-24, reaching £11.4 million – surpassing its forecast of £10m. A number of high-value contract wins across multiple sectors have contributed to this exceptional financial position:
Drax shares have soared over 12% to a 52-week high of 636p following strong first-half results, a promising full-year outlook, and the announcement of a £300 million share buyback. Pre-tax profits surged 37% to £463m for the six months ending 30 June. The FTSE 250-listed energy firm now
Alliance Trust has reported a positive performance for the first half of 2024, with increases in both share price, up 9% to 1,212p, and NAV per share, up 8.4% to 1,273.9p. The company's total returns slightly underperformed against the benchmark MSCI ACWI index, primarily due to lower holdings in te
TLT has announced another year of strong financial results with 12% year-on-year increase in turnover for 2023/2024. Annual revenue at the firm is up to £174 million from £157m in 2022/2023. Results for 2023/2024 were recorded over an 11-month period and subsequently annualised after TL
NatWest Group's shares surged to 7.5% in Friday's morning trading after the bank reported positive first-half results, raised its annual outlook, and announced a £2.5 billion mortgage portfolio acquisition from Metro Bank. Despite a 7.7% drop in total income to £7.13 billion, NatWest's p
Lloyds Banking Group reported a half-year pretax profit of £3.32 billion, a decline from the previous year due to increased costs and shrinking net interest income.
Accounting and advisory firm MHA has reported revenues of £180 million for the year end 31 March 2024, an increase of 27% on £142m reported in 2023. Revenue has doubled in the last 4 years from £90m in 2020. Total headcount is now 1,820 people across 24 offices with 136 partners.
The Royal Family's annual income is set to rise by 53% to £132 million in 2025/26, thanks to soaring profits from the Crown Estate.
Aberdeenshire-based STATS Group has reported record-breaking results for 2023, with revenues surging 26% to £74.7 million and EBITDA earnings climbing 33% to £12.1m. Headquartered in Kintore, near Inverurie, the pipeline technology company's principal activity is the provision of pr
Legal firm Garden Stirling Burnet has more than doubled its headcount and trebled its tally of fee-earners within the first two years of its new ownership.