Broker Network posts rise in revenue after "extraordinary year"
CEO Andy Fairchild outlines the network’s strategy and talks about acquisition plans and the growth of independent brokers.
Broker Network chief executive officer Andy Fairchild has stated that 2016 was an “extraordinary year” for the business.
The network has posted a rise in revenue to £10.27m for the year ended 31 December 2016, compared to £8.81m in 2015.
However, its pre-tax profit fell to £1.30m for the year, compared to £2.13m in 2015 and its operating profit also decreased to £1.30m (2015: £2.11m).
The firm further revealed a profit for the year of £1.15m, compared to £1.66m in 2015.
In addition, the
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