Ardonagh posts Ebitda surge as it sees £74m loss for 2019
The Ardonagh Group reported a loss after tax of £74m and an increase in Ebitda to £115.3m for the year ended 31 December 2019, up from £29.7m in 2018.
Chairman John Tiner noted that with the “transformational spend” drawing to a close, planned underlying profitability had “risen sharply”.
Overall, Ardonagh’s accounting loss after tax of £74m for
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