R&Q profits hit $3.6m
Randall & Quilter's income rose 52% to £16.1m in the first six months of the year, up from £10.6m in the first half of 2009. The company's profit before tax was £5.8m (2009: £1.2m) and basic earnings for each share are 6.9p (H1 2009: 1.7p). The insurance services division's profits hit £3.6m (H1 2009: £1.9m) and net insurance provisions made £4.8m (2009: £2.7m).
The firm made four acquisitions during the period: JMD Specialist Insurance Services; Callidus - a provider of secretarial and compliance services to the London market; La Licorne - the group's first
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