Insurance Post

CBG confident after 59% jump in profit

Manchester-based broker CBG today announced a 59% rise in adjusted pre-tax profits to £1.912m (2006: £1.204m) on a 22% growth in revenue from continuing operations to £6.3m (2006: £5.2m) in 2007.

The group saw a 44% increase in revenue, boosted by strong performance of acquisitions, to £7.4m.

Laurie Turnbull, chairman of CBG said: “In an ever changing market place, CBG continues to enhance

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