Turnover grows but profits slip for Kelliher in 2018

financial-results-s

Profits at Kelliher Insurance Group fell in 2018 despite an increase in turnover.

Turnover at the company grew 4.6%, rising from £14.68m in 2017 to £15.36m in 2018.

However, administrative expenses swelled, rising approximately 10% from £13.45m in 2017 to £14.46m in 2018.

Profit before tax fell from £1.54m in 2017 to £0.91m in 2018.

Report
Reports filed at Companies House detailed the strategy behind the growing turnover: “The business continued to strengthen its operating infrastructure and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: