Seventeen Group expects further growth in 2022
CEO Paul Anscombe flags how M&A and organic growth are helping the business expand despite the £670,000 cost of Covid.
Seventeen Group is on track for further growth despite the Covid-19 pandemic costing the business £670,000.
CEO Paul Anscombe discussed the company’s latest financial results with Insurance Age.
The company reported an increase in turnover of 8.3%, rising from £22.6m in the preceding year to £24.5m. Anscombe said that despite the challenges posed by the Covid-19 pandemic, revenue only went upwards.
He detailed: “Covid probably cost us about £670,000, but the good thing is that the underlying
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