Insurance Age

Bradstock profits down.

Insurance broker the Bradstock Group has announced a 21.6% drop in profits to £2.9m for the first ha...

Insurance broker the Bradstock Group has announced a 21.6% drop in
profits to £2.9m for the first half of 1998, and said that its chairman
Eddie McGrath would be leaving the group after 25 years of service. Main
board director Peter Cresswell is also taking early retirement.
Bradstock's shares have fallen consistently from 165p four years ago to
45p.

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