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Steadfast's full year profits climb 68%

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Australian broking group and underwriting agency Steadfast posted an after tax profit of A$42.1m (£19m) for the most recent financial year, up 68% over last year's results.

Steadfast's revenues climbed 63% to A$280m, for the year ending 30 June 2015, as the group benefited from a series of high profile acquisitions which has helped it become the largest underwriting

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