Admiral confirms flotation plan as profits hit £71.2m
Motor insurer the Admiral Group, which today reported an increase in profits to £71.2m for 2003 — a rise of 29% on 2002, has confirmed plans to seek a Stock Exchange listing this autumn.
The South Wales-based group which operates through the Admiral, Bell Direct, Diamond and elephant.co.uk brands, said the profit increase was achieved with improvements in all its key ratios.Turnover
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