Loss-making GRP spent £112.6m on acquisitions over its last financial year
Broking group GRP made a loss of £20m for the financial year ended 31 March 2018, in a year that saw it acquire fifteen businesses.
The Peter Cullum-backed consolidator posted a loss before tax of £20m, up from a £11.5m loss the previous year. Its operating loss shrunk slightly, down to £5.1m from £5.7m reported in March 2017
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