Buccleuch has reported group turnover falling from £93m to £87.1m year-on-year, with operating profits also reducing, from £4.4m to £1.7m.
Parent company MDS Estates published its results for the financial year to 31 October 2022, which also revealed that profit after tax dropped significantly, from £37.1m to £6.3m.
This was largely due to rural property revaluation, which was particularly high in the 2021 accounts.
