Willis predicts M&A momentum as group profits dip by 14.6%
Willis Group CEO Dominic Casserley has heralded a “solid start to the year” despite seeing his firm record a 14.6% fall in net income to $210m (£136.6m) for the opening quarter (Q1 2014: $246m).
The dip in profitable growth has been attributed to the negative impact of foreign currency movements ($0.15 per share) and restructuring charges ($0.12 per share).
Turnover at the global broker was
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