Austbrokers racks up 10.5% rise in 2014 after-tax profits

Sydney Australia

Sydney-based insurance company Austbrokers has chalked up ninth successive year of double-digit earnings growth with a net profit after tax of A$35.5m (£20m) for 2014 (2013: A$32.1m).

Group operating revenue for the year increased 18.3% to A$199m, with the firm attributing both organic growth and strategic acquisitions across the three business division for the A$30m uptick.

Austbr

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