Insurance Post

West country broker boasts healthier operating margins

West country and Wales based corporate broker Jelf Group has announced its inaugural set of preliminary results as a listed company on AIM. The results are for the year ended 30 September 2004.

Turnover increased by 26% to £8.46m (2003: £6.72m) Operating margins prior to charging goodwill have increased marginally, to 9.3% (2003: 9.1%), despite a year of heavy investment

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