Endsleigh sees profit and turnover decline
Broker will not pay dividend for second year running.
Endsleigh Insurance Services has reported a profit of £6.6m for 2013, compared with £9.3m reported in 2012.
The Zurich–owned company’s turnover showed a slight reduction, going from £50.6m to £49.4m.
In its result document at Companies House, the business highlighted sales decline as being a key performance indicator. Sales dropped by 1.7% in 2013, compared with 4% in 2012.
Endsleigh commented: “The economic and trading environment remains difficult, particularly in the motor market, with
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