Upbeat Bailey hails organic growth in Clark Thomson 2016/17 results
Broker posts rises in turnover and Ebitda.
Clark Thomson has reported a 12.4% increase in turnover to £11.18m for the year ending 31 March 2017.
According to results filed at Companies House the broker also achieved a significant rise in Ebitda to £1.53m (2016: £1.05m).
Managing director Ben Bailey told Insurance Age: “We had good growth last year. Out of the 12% [turnover] growth there was about 5% organic growth and we were really happy with that.”
New business
According to Bailey the firm has been focused on new business.
“We have
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