Howden reveals organic growth of 6% and rising revenues
The broking group says it has facilities of over £300m to support growth and acquisitions, as it looks to make more deals in the retail space and to grow its MGA arm, Dual.
Howden Group has reported a 7% rise in revenue to £777m for the twelve months to 30 September 2020.
The business, which recently rebranded from Hyperion Insurance Group, further posted an adjusted consolidated Ebitda of £223m, up by 6% from last year, and stated it had achieved a total organic growth of 6%.
It detailed that it had cash, cash-like and other facilities of over £300m to “support sustainable growth and selective acquisitions”.
Challenge
David Howden, CEO of Howden Group
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