Silence on MBO as Bollington sees profit rise to £1.4m

financial-results-s

Groupama-owned broker Bollington has reported that net profit in 2011 increased to £1.4m, compared with £985 176 in 2010.

Accounts filed recently at Companies House for the year to 31 December 2011 show that operating profit rose to £2.7m from £1.9m in 2010. Turnover was £10.8m and £10.4m in 2011 and 2010 respectively.

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