JLT CEO expects further progress despite 3% dip in profits for 2008
Jardine Lloyd Thompson has reported a 3% drop in profit before tax to £92.8m for the 12 months ended 31 December 2008(2007: £95.2m) despite a 13% leap in turnover to £526.1m (2007: £473.2m).
The broker said the turnover figure included organic growth of 6% and 2% by acquisition. Underlying trading profit increased by 23% to £76.2m and the trading margin was 14.2%, compared to 13.1% in
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