Abbey profits rise despite ATE drop
Legal and professional fees insurer Abbey Protection has announced half year results showing revenue and pre-tax profit up 6% with revenue at £18.3m (H1 2010: £17.3) and pre-tax profit at £5.0m (£4.7m).
It's profit after tax also rose, to £3.8m from £3.4m for the same period last year, enabling it to give a 12% higher half year dividend to shareholders.
The insurer said its Abbey Legal division
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