Hyperion records positive growth but rules out IPO in short-term
Hyperion Insurance Group today reported a 51% increase in revenue for the year ended 30 September 2013 as group chief executive David Howden said an IPO is still firmly on the company’s agenda.
Group revenue rose from £111m in 2012 to £166.6m which contributed to a compound annual growth rate of 35% over the past five years.
Group ebitda increased by 74% to £35.9m from £20.6m in 2012
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