Elite predicts £7m profit
Elite Insurance says GWP will hit £115m.
Elite Insurance claimed today that its profit before interest and tax is set to hit £7m with gross written premium being in excess of £115m for the year ended 31 March 2014.
Financial director, Paul Lavender, commented: "We are currently operating with a substantial surplus on solvency margin.
"Audited accounts are due out soon but unofficially I can say that we are looking at an EBIT in excess of £7m on GWP of £115m+. Our cash position continues to grow from strength to strength and we expect
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