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Peter A Walker

FORGOTTEN HISTORY: Buccleuch suffers falling profits during challenging times - The Untold Story

Buccleuch has reported a fall in profit after tax from 64.7m in 2020 to £37m during 2021.

Parent company MDS Estates published its results for the financial year ended 31 October 2021, which also showed that it switched from a loss of £6.8m in 2020 to an operating profit of £4.4m last year.

However, both group turnover and net asset value rose from 2020 to 2021, up from £48.6m to £93m, and £268m to £304m, respectively.

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