Plumeri admits Willis' mettle has been 'tested' as revenue remains flat
Willis Group has reported net income from continuing operations of $332m for the six months ended 30 June 2012, compared with $119m in the same period a year ago. Operating income increased to $496m (H1 2011: $395m).
Total commissions and fees were $1.842bn, flat compared with $1.851m over the same period last year, and the reported operating margin was 26.7% compared with 21.1%.
Expenses decreased to $1.36bn (H1
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