
GRP reaffirms acquisition strategy despite £17.9m loss

GRP has posted a loss before tax of £17.9m for the year ending 31 March 2019.
The figure is an improvement from the £20.1m loss reported over 2017-18.
The company blamed the figure on the accounting treatment of GRP’s financing costs, amortisation of goodwill, and acquisition costs.
Turnover grew 48% from £75.9m to £112.1m over the period. Operating profit at GRP rose 173% from £10.2m to £27.8m.
Peter Cullum, chairman at GRP, commented: “We are now one of the UK’s leading SME focused
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 print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Broker
Videos/Podcasts
Insurance Covid-Cast: How has staff productivity been impacted by remote working?
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Subscribe to our daily newsletter for all the latest news
Most read
- Mulsanne accuses Marshmallow of stealing trade secrets in court battle
- Partners& buys Nottingham-based broker
- Brokers may be failing to report misconduct
- Blog: Could Aviva ever dominate the high net worth market?
- Former Tesco Bank boss, Benny Higgins, joins Markerstudy
- People moves: 12-16 April 2021
- Video: Covid-19 and the changing claims landscape