Towergate in "robust shape", says David Ross

david-ross-2016

CEO states business is past its lowest point and starting to see organic growth.

Towergate chief executive officer David Ross has stated that the business is entering 2017 in an “incredibly robust shape”.

The consolidator reported an Ebitda profit of £34.5m for 2016 and saw 2% organic growth in its insurance broking segment in the fourth quarter of the year.

Ross commented: “We went into the second half of 2016 feeling very strong about the performance of the business, knowing the impact of good people continuing to arrive, stabilising the workforce and watching that

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