Tysers and Aquila group sees profits soar
The parent company of Lloyd's broker Tysers and underwriting agency Aquila - Hawkes Bay Holdings - has announced revenues up 6% to £37.6m (2010: £35.5m) and a pre-tax profit that almost doubled to £5.18m (2010: £2.67m).
The company said that EBITDA rose by 42% to £7.6m (£5.4m - 2010).
Chairman Christopher Spratt said that EDITDA represented a margin of 20%, up from the previous year's 15%, and that it was
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