ONE of Scotland's leading forestry companies has marked its 50th year by publishing an anniversary book, planting a celebration woodland and announcing increased profits of 20 per cent.

The Wood and the Trees: A History of Scottish Woodlands Ltd and its People tells the story of the company, which is unique in the sector as it is 80 per cent owned by its employees, the company said.

The book recounts the drama of two management buy-outs, in 1986 and 2005 major changes to forestry's tax position that led to a slump in tree planting.

Ralland Browne, managing director of Scottish Woodlands, said: "There have been ups and downs along the way, but the company and the wider forestry and wood-processing industry are both in good health in 2017 - and we are optimistic for the future, with a strong focus on driving up tree planting rates.”

Scottish Woodlands’ annual results showed turnover up almost £1 million to £70.358m, with profits rising from £1.315m to £1.575m.

Scottish Woodlands Chairman Tom Bruce-Jones, also joint managing director of sawmiller James Jones & Sons, said: “Politically [in Scotland], there appears to be a focus on new planting and restocking and it is hoped this impetus will continue as well as providing the platform for stronger investor confidence in forestry.”

A celebration woodland of 50 new trees is being planted at Crieff Hydro.