Seventeen Group's pre-tax profit falls 30% for 2016
Turnover increased by 24% from £10.1m to £12.6m.
Seventeen Group has reported a 30% decline in profit before tax to £583,769 for 2016 compared to the previous year, mainly related to investments and one-off expenditures.
Pre-tax profit for the year fell from £834,591 in 2015.
According to the company, investment in the group amounted to £1.6m.
It included the acquisition of Annandale Insurance Brokers in Dumfries, the establishment of three new offices in Birmingham, Redhill and Ashford and the creation of three new specialist broking
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