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Results & Updates

Trading remains testing

Sterling strength hits Devro’s profits as volumes hold

Devro
Profits skinned: Devro has had a challenging year Sausage skin manufacturer Devro said it expects underlying operating profits to suffer from sterling appreciation and to come at between £39 millionRead More

Fashion fall-out

Quiz suffers Christmas hangover as online sales slump

Quiz Clothing
Sales have been falling at fashion chain Fashion chain Quiz Clothing suffered a festive fall-out with a 9.3% drop in revenue in the seven-week Christmas trading period. Figures for theRead More

Further retail expansion planned

Revamp sees Innis & Gunn toast strong festive growth

Popular: Taproom. Craft brewer Innis & Gunn is toasting the successful revamp of its retail estate which helped serve up strong sales growth across the festive period. With venues inRead More

Markets

Interest rates; US-China deal; IndigoVision; William Hill

City of London
Another Bank of England policymaker has floated the idea of cutting the central bank’s main interest rate. Gertjan Vlieghe told the Financial Times he would consider voting for a rateRead More

As revenue hits record...

Sharp rise in profits for broker Bruce Stevenson

Edward-Bruce-and-Mark-Dallas
Edward Bruce and Mark Dallas Bruce Stevenson, Scotland’s largest independent insurance broker, has reported a sharp recovery in operating profit on record revenue for year to the end of August.Read More

Companies round-up

Aston Martin; Rolls-Royce; Morrisons; UBS

Aston Martin DB11
Aston Martin: disappointing year Luxury car manufacturer Aston Martin Lagonda said the challenging trading conditions highlighted in November continued through the peak delivery period of December resulting in lower sales,Read More

Fintech growth

Scottish Enterprise backs Beeks’ network expansion

Gordon McArthur
Gordon McArthur: expanding the team Markets computing firm Beeks Financial Cloud has received a £2 million Scottish Enterprise R&D grant to invest in automating its network. The grant contributes toRead More

Healthcare progress

Treatment milestones for Aortech and Kyowa Kirin

Aortech
Aortech investment shows ‘growing confidence’ (pic: Aortech) Scottish healthcare companies have unveiled significant progress in the development of new treatments. AorTech International, an AIM-quoted business based in Dundee, said performanceRead More

High street lift

Next enjoys Christmas trading lift as shop prices fall

Next Straiton
Next enjoyed a rise in sales Fashion and home furnishings chain Next has reported better than expected Christmas trading with full price sales in the period 1.1% (£9m) better thanRead More

New milestone

Record number of deals for Anderson Anderson & Brown

Douglas Martin
Douglas Martin: ‘exciting time’ Anderson Anderson & Brown (AAB), the chartered accountancy and business advisory firm, has been involved in a record 70 transactions during 2019, with a combined totalRead More