Towergate's Ebitda climbs 12% on back of restructure
Towergate has seen 12% growth in underlying profit after a year of wrestling with "enormously complex legacy and infrastructure challenges".
The group’s 2016 results revealed a growth in adjusted Ebitda from £75.2m to £84.2m, even as full year revenues declined 4.4% to £324.6m in 2016 from £339.6m the previous year.
Staff-related expenses
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