Willis' European growth held back by declines in Spain and Netherlands
Willis Group has reported net income from continuing operations of $332m for the six months ended 30 June 2012, compared with $119m in the same period a year ago. Operating income increased to $496m (H1 2011: $395m).
Broken down by region Willis saw a 2% reduction in commissions and fees from its international arm to $530m (H1 2012: $543m), and a 3% rise in organic growth counterbalanced by a 5% hit from foreign
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