Gallagher revenues continue to rise in 2019
Profit for the broking segment grew by 25%.
Gallagher has reported a 15% rise in revenue to $4.90bn (£3.74bn) in its brokerage segment for the full year 2019.
The division also revealed a 25% increase in profit for the year, up from $573.2m in 2018 to $717.3m.
The business further reported an adjusted Ebitdac of $1.38bn, up 18% from the $1.16bn reported in 2018.
Acquisitions
The results also revealed that Gallagher’s broking business has spent $16.1m on acquisition integration during the year.
The UK division of Gallagher bought
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