JLT increases revenue by 7% and unveils new transformation programme
JLT increased revenue to £880.1m in 2012 with 7% coming from organic growth and 1% through acquisitions. This was offset by 1% foreign exchange movements compared to 2011.
The company's underlying trading profit before tax was £161.7m (2011:£147.6) while reported profit before tax - after net exceptional costs of £4.9m relating to its business transformation programme
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