Lark boosts profit ahead of Aston Scott merger
The company reported increased profit after tax of £5.47m.
Lark Group has unveiled a jump in profit after tax for the year ended 31 December 2016, its final set of results before it merges with Aston Scott.
The UK broker saw profit after tax increase to £5.47m (2015: £4.33m), according to Company House filings.
Operating profit also grew by 23.2% to £5.91m (2015: £4.80m). This growth included the profit on the sale of a book of its insurance broking clients which netted the firm £400,000.
Organic
Turnover rose by 11.5% to £25.96m (2015: £23.29m)
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