Romero posts income rise in 2018

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Romero Group has reported group commission and fee income of £13.67m for the year ended 30 April 2018.

This is a 12.7% rise from the £12.13m posted the previous year.

Breaking down the results, Romero Insurance Brokers delivered income of £8.14m (2017: £7.8m), Club Insure £3.9m (2017: £3.5m), Booking Protect £1.37m and JSV Events £263,000.

The Leeds-based broker said the increase was driven by organic growth and also revealed a 30% rise in adjusted Ebitda to £3.67m (2017: £2.82m).

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