BTO reveals profits of £7.8m
BTO has revealed profits of £7.82 million in the twelve-month trading period to 31 March 2017 as well as revenue of £18.91m.
The firm’s four main business divisions - commercial dispute resolution, insurance, private client and property, corporate and construction - all performed well during the trading period.
Alan Borthwick, chairman of BTO, said: “We are implementing our current five year business plan with success against the background of a challenging marketplace for professional services firms and a changing landscape for the legal profession in Scotland.”
He added: “This stable financial position allows us to remain on course with our business aims and in particular to further expand the range and depth of services available to our clients. We believe we are well placed to achieve our business objectives and to continue the steady expansion and development of the firm.”