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Insider UK
Business
John Glover

Johnston Carmichael reports 6.2% turnover increase, despite Covid challenges

Johnston Carmichael has reported a 6.2% increase in its turnover to £54.6m, despite the challenges of the pandemic.

The Aberdeen-based accountancy and advice firm's results for the year ending May 2021 revealed that profitability recovered from a bruising 2020.

A range of measures were taken to protect the firm from the economic uncertainties posed by the pandemic, with partners reducing drawings and deferring pay-outs to protect cash flow, while further digitisation was adopted to standardise and streamline processes.

Johnston Carmichael has also now committed to a hybrid working environment, where employees are able to decide based on business needs how often they need to be in the office.

The firm is continuing to invest in the learning and development of its people, rolling out the Johnston Carmichael Academy.

Andrew Walker, chief executive at Johnston Carmichael, said: “It has been an extraordinary year and like our clients we have faced challenges brought about by the pandemic, but I am extremely proud of the way our business has gone above and beyond to deliver high quality work, adding value for our clients as they navigate the economic recovery.

“Having the right people and skills is crucial to our future success, but importantly it also creates opportunity, so we will continue to invest in learning and development to ensure our people and partners are the best they can be.”

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