Oval's broking Ebitda trading 16% up

Peter Blanc

Chief executive Blanc hails performance ahead of potential acquisition by Gallaghers.

Oval Insurance Broking's EBITDA pre exceptionals are 16% up for the financial year to the end of February 2014.

Chief executive Peter Blanc said this figure stood at £15.6m at the end of February, some £2.1m over budget and £2.7m up on the same period last year.

Speaking to Insurance Age, Blanc said: "As for our results, we are still on track and trading ahead of budget, we are over budget for income on insurance broking.

"Our financial services division is going well while the health care

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