Close Brothers feels the pinch of volatile conditions
Close Brothers Group, the parent company of leading premium finance provider Close Premium Finance has recorded a dip in its operating profit before tax to £38.5m (2008: £69.8m) in the first half of the 2009 financial year.
Its total equity was also down to £678.0m from £720.9m in 2008, while Close also reported an increase in total assets to £6.0bn from £5.4bn in 2008.
Close Brothers Group said: "The first half of the
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