Scots music systems pioneer achieves jump in profits

IAN MCCONNELL

achieved as turnover edged down from £18.1m to £16.9m.

The accounts show Linn’s UK turnover was £4.42m in the year to June 30, up from £4.08m in the prior 12 months. The bulk of Linn’s turnover continues to be generated by exports.

The rest of Europe accounted for £6.31m of Linn’s turnover in the year to June, with Africa, Asia and Australasia together accounting for £3.78m and the Americas contributing £2.41m of the total.

Linn noted its new product launches in the past year had centred on its “innovative new digital-to-analogue conversion technology”, Katalyst DAC Architecture. The family business flagged its investment of more than £2m in research and development during the year to June 30. It also invested £1.13m in additions to plant and machinery, boosting further its in-house manufacturing capabilities.

Linn said: “By upgrading machinery across the entire production process, Linn has brought more processes in-house, giving even greater control and ensuring the company will continue to create exciting, innovative products into the future.”

Managing director Gilad Tiefenbrun said: “After another year in a challenging economy we are delighted to have met our strategic goals. Highlights include the launch of Katalyst, our new digital-to-analogue conversion technology which has pushed the boundaries of audio reproduction, and the investment in our production capabilities which will ensure we remain at the forefront of audio innovation for years to come.”