LONDON, 14 July 2011 - THB Group plc the specialist (re)insurance broking and risk management group, today announces interim results for the six months ended 30 April 2011.
Highlights
- Continued good progress reflected in a strong first half
- Fees and commissions £26.0m, up 6%
- Broking profit £4.8m, up 21%
- Profit before tax £1.9m, up 100%
- Interim dividend 1.45p, up 7%
- Organic growth driving increase in fees and commissions.
- Systems changes well underway to secure further margin improvements.