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Profits climb for finance firm ahead of Dundee move

Published

6th January 2020

Chartered accountants Johnston Carmichael saw its revenues rise ahead of setting up an office in Dundee this year.

The firm, which counts Forfar and Perth among its 14 offices, saw sales grow to £49.3 million for the year ending May 31 2019, an increase from £45.5m in 2018.

Profit before members’ remuneration and profit shares rose from £11.8m in 2018 to £12.2m last year.

The firm moved to Dundee in June and also opened its first English office, in London, this year.

Andrew Walker, who took over from Sandy Manson as chief executive in August, said: “We’ve had strong growth as a firm over the last 10 years and it’s pleasing to see that level of growth again.

Johnston Carmichael (Scotland) Ltd

Scotland's largest independent firm of Chartered Accountants and Business Advisers

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