Pre-tax profit grows to £3.2m for Devitt in 2016

motorcycle-road

Profit and turnover increased across the board in 2016 for Essex-based motorcycle broker Devitt.

The figures filed at Companies House showed that turnover grew to £11.6m (2015: £11.1m) and operating profit also went up to £2.6m from £2.0m.

An exceptional item meant that profit before tax was £3.2m compared to £2.5m in 2015.

Organic
Director William Hughes told Insurance Age that the business has had “continued steady organic growth across our portfolio of products, in particular motorcycle, a

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