Scottish-based high-end audio manufacturer Linn has reported a 17 per cent increase in turnover in the most recent financial year, but its positive performance has not been at the expense of R&D.

The company reported turnover of £19.2m – up from £16.38m for the 12 months ending 30th June 2013 – and said sales had been enhanced by the launch of three new Exakt-equipped systems.

Net profit for the period stood at £1.8m, with R&D investment totalling £1.97m – a figure that's seen Linn further develop and roll out its Exakt technology, most recently seen in the Akudorik speaker.

MORE: Linn Akudorik joins Exakt range alongside Exaktbox upgrade option

In a statement, Linn said its continued commitment to R&D and "further development of our people" had put the manufacturer in a "strong position to deliver our strategy for the years ahead".

Linn managing director Gilad Tiefenbrun said: "We are proud of what we have achieved and look forward to continuing to innovate, lead the market and deliver outstanding home music systems." 

More after the break

MORE: Read all our Linn reviews and news

Comments

relocated's picture

Fail

Couldn't read it all as the column of sharing options covered over the text.  Another improvement to the site?

Andy Clough's picture

Bug

Yes, we did it deliberately. wink

In fact, this bug only appeared yesterday for no apparent reason, so the dev team is trying to fix it.

Andy Clough's picture

Bug

Update: the company that supplies the social sharing buttons made a CSS change yesterday without telling us, which is what caused the problem. We've asked them to roll back to the previous version.