“Strong year” for Avantia
Broker records profits leap and increased turnover for 2014.
Avantia has reported profit before tax of £4.4m for the year ending 31 December 2014.
This represents growth of over £1m when compared to the £3.4m profit before tax recorded in 2014.
Turnover grew 19% hitting £13.9m (2013: £11.6m) and operating profit also grew to £4.4m, up from £33.4m in 2013.
Overall profit for the financial year was £4.1m, a significant increase on the £2.7m posted the previous year. Ebitda also increased 37% from £3.5m to £4.8m.
Avantia said the results, obtained by Insuran
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