JLT talks of good recovery in Europe as profits jump 5%
Broker JLT has reported a 5% increase in profit before tax of £95.2m on turnover of £473.2m, 3% ahead of 2006, or 4% ahead at constant rates of exchange, for 2007.
The underlying trading profit before exceptional items and impairments was £62.1m, 6% ahead of the prior year or 9% at constant rates of exchange. The broker added underlying trading margin improved
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