Charles Taylor revenue strong and steady at £53m despite 'subdued' claims environment
Insurance business Charles Taylor Company delivered a stable performance during the first half of the year, with a flat revenue of £53m (2011:£49.3m), thought to be due in part to a series of one-off charges and a "subdued" energy claims environment.
CT made an adjusted pre-tax profit of £4.4m, £0.1m up on last year. Statutory earnings per share shot up from 4.68p to 8.02p, adjusted earnings per share crept up from 9.51p to 9.62p and interim
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