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Barbon marks second year of growth with £11m profit

Martin Oliver Barbon

Barbon Insurance Group has recorded a pre-tax profit of over £11m based on a 4% increase in turnover in 2010.

Overall turnover rose to £53.5m and the company reported an EBITDA, pre-exceptional, of £15.2m, up 18% on 2009.

In the company's lettings division, organic growth and acquisitions took Barbon's market

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