Johnston Carmichael reports continued growth with turnover hitting £45.5m

Sandy Manson
Sandy Manson

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Chartered accountants and business advisers, Johnston Carmichael, has reported a 4% increased in turnover from £43.7m to £45.5m for the financial year ended 31 May 2018.

Net profit before members’ remuneration declining from £12.2m to £11.8m. 

The last year also saw Johnston Carmichael Wealth, the firm’s wealth advisory business, achieve a 7% increase in turnover, seeing growth in revenues from £4.35m to £4.67m. 

Chief Executive Sandy Manson said: “We’re encouraged that the firm continues to perform well despite challenges in the marketplace following the downturn in the oil and gas industry.

“Our diversity in sectors, business lines and geographical locations has enabled us to trade robustly and to continue investing in all parts of our business with confidence.

“In the year ahead, we will continue to build an ever-stronger platform from which to grow our business in a sustainable way. This will involve further expanding our range of services and embracing leading edge technologies as we renew and improve our core processes. It will also involve providing our people with a range of exciting career opportunities through supporting their professional and personal development.”

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