RK Harrison claims “record” results

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Turnover increases 8% to £124.6m while pre-tax profit grows to £34m.

RK Harrison said it delivered a "record set of results" for the year ended 30 June 2014 which the broker said marked its fifth year of successive growth.

Turnover increased by 8% to £124.6m, up from £115.4 million in 2013.

Profit before tax, goodwill amortisation and exceptional items, amounted to £34m, up 13% from £30 in the previous 12 months.

The firm also reported that its profit margin increased from 20% to 27% while cash balances increased £9.3m to £28.1m.

Term debt reduced by £3.6m to £18

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