PIB spent £75.6m on deals in 2019

Bag of money

PIB Group has reported a 15% rise in revenue to £123.3m for the full year 2019, up from £106.8m in the preceding year.

The business also made a loss for the year of £7.8m, an improvement on the £17.5m loss reported in 2018, according to a document filed on Companies House.

PIB further posted a pre-tax loss for 2019 of £12.2m, compared to £18.8m in the preceding year.

However, its adjusted Ebitda increased by 50% to £26.7m in 2019 (2018: £17.7m). The business noted that it controlled gross

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