Lloyd's broker RFIB's pre-tax profit falls 32% to £3.2m
Lloyd's broker RFIB Holdings has revealed its turnover (which includes fiduciary interest as well as brokerage) grew 13% from £38.3m to £43.5m for the year ended 30 June 2010.
It added brokerage increased by 15% year on year and its operating profit grew by 17% from £3.0m to £3.5m compared to the prior year. EBITDA (earnings before interest, tax and depreciation) rose by 6%
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