Time for Ardonagh to ‘grow into its clothes’ as it slices losses and bulks revenues
The Ardonagh Group sliced its losses by 149% in 2018, as CEO David Ross hailed ‘the end of three years limbering up’.
The group saw its loss for the year shrink to £111.6m, from £260.9m in 2017. Adjusted to factor in pro-forma completed transactions, its losses fell to £134.7m from £327.5m.
Ebitda moved out of the
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