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Cooper Gay announces 32% increase in earnings

Cooper Gay (Holdings), the independent wholesale, reinsurance and specialist retail insurance broker, has announced an (EBITDA) earnings increase of 32% for the financial year ending 31 December 2007.

Financial Summary

EBITDA before exceptional items £15.8m (2006: £12.0m), an increase of 32% Group revenue £68.1m (2006: £66.3m), an increase of 3% Highlights With a change of accounting year in 2006, direct comparisons are difficult. Un-audited comparisons have been prepared for illustrative purposes. Growth in revenues despite challenging market conditions Strong EBITDA growth despite adverse exchange rates and increased investment in people Completion of the purchase of the remaining

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