Benfield enjoys growth in first half
Benfield Group has announced group operating revenue in the first half of 2006 was up to £252.1m (H1 2005: £196.2m), an increase of 28.5%. The broking group's trading result was £107.9m (H1 2005: £82.0m), an increase of 31.6% - at constant rates of exchange the trading result increased by 23.4%.
Highlights:
Group trading margin 42.8% (H1 2005: 41.8%) Profit before tax £97.8m (H1 2005: £72.3m), an increase of 35.3% Basic earnings per share (4) 28.7p (H1 2005: 20.0p) Adjusted diluted earningsOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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