Article

Anders Povlsen's Wildland Ltd reported a £31 million loss, largely attributed to a £12.1 million write-down on its investment in SaxaVord Spaceport, which has faced delays and setbacks, including a rocket engine explosion. This marks the company's sixth consecutive year of losses, despite an increase in assets to £335 million and a record turnover of £5.7 million. Wildland continues to balance conservation and commercial ventures, owning over 200,000 acres in Scotland and developing luxury properties and an eco-retreat.