Gallagher reveals $200m broking profit worldwide

A J Gallagher chief executive Patrick Gallagher

Group integration costs for acquisitions comes in at $40.6m for year to date.

Arthur J Gallagher has reported an increase in profit for its brokerage division across the worldwide group to $200.4m [£124.3m] for the nine months ended 30 September 2014.

This represents a 30% uplift on the $154.3m achieved in the same period of last year.

For the third quarter alone Gallagher delivered $79.3m in net earnings (Q3 2013: $61.2m).

Revenue up
Revenues across the company for the quarter came in at $1.29bn, up on the $835.8m in the same three months of 2013.

The business also

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