PIB tops £500m revenue as losses trimmed in run-up to ending sale talks
PIB Group has posted £514.7m of pro forma group net revenue for 2024, a year it expanded into two countries and made 25 acquisitions before walking away from sales talks in 2025.
The results for 2024, released in a filing at Companies House, showed a 6.7% annual rise in revenue. This was driven by 5% organic growth and bringing in £64.8m through deals.
The revenue breakdown detailed a 7% uplift in the UK and Ireland broker arm to £214.1m, with UK advisory remaining the biggest contributor to group Ebitdae.
RelatedPIB reveals costs of record 26 deals in 2023 PIB returns to buying with RS Insurance Brokers PIB continues European expansion with Romanian deal PIB enters FranceOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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