Cobra records £1.7m full year loss
Insurance broker Cobra has announced a pre-tax loss of £1.74m including a goodwill impairment charge of £1.5m for 2010/2011.
The firm recorded the loss in the face of a 1.6% increase in revenue to £23m, and an surge in commission income of 8.3% also to £23m.
The £1.5m charge was attributed to its sale of Caterham and Alton
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