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Income and Ebitda up at Romero in 2017

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Broker says increased consolidation is bringing the company opportunities.

Leeds-headquartered Romero Group has posted group commission and fee income of £11.34m for the year ended 30 April 2017.

This is compared to the £10.25m reported in the preceding year.

The company provided a breakdown of the results with Romero Insurance Brokers delivering an income of £7.8m for 2017 (2016: £7.1m) and Club Insure £3.5m (2016: £3.1m).

Group adjusted Ebitda was £2.72m, up 14 percent from the £2.38m achieved in the previous 12 months.

Organic growth
Romero chairman Justin

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