Sirius results reflect a growth in broker base
Sirius Financial Solutions has announced healthy preliminary results for the business in 2005 showin...
Sirius Financial Solutions has announced healthy preliminary results for the business in 2005 showing growth in all areas. Group turnover grew to £21.8 last year, a marginal increase on the £21.7m seen in 2004. Although this figure was hardly a stellar improvement, elsewhere in the business growth has been more robust.
Growth in recurring revenues increased 14% to £8.7m, up from £7.6m in 2004, and now represents 40% of group turnover, up from 35% the previous year. Sirius also recorded a 54%
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