Lucky 13 for RK Harrison as profits up again
RK Harrison has recorded a 13th successive year of growth and increasing profit.
The broker reported that pre-tax profit for the year ended 30 June 2012 came in at £15.79m, an increase of 21% on the £12.29m achieved in 2011.
Turnover rose by 21% to £92.9m (2011: £76.59m) as operating profit hit £24.44m ahead of the £20.4m posted for the previous year.
The company highlighted that new business from start-up teams and ventures had supplemented the firm's organic growth.
RK Harrison's figures also benefited from the acquisition of high net worth specialist broker Mercury West
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