Insurance Age

Jelf annouces strong performance and continued growth

    • Insurance Age staff

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Jelf Group has annoucnes a 49% growth in revenue to £25.0m (2007: £16.8m) in its interim results for the six months ended 31 March 2008.

Financial Highlights

85% growth in EBITDA to £3.1m (2007: £1.7m*) 24% growth in EBITDA margin to 12.4% (2007: 10.0%*) Organic revenue growth of +16.3% in core areas of Insurance and Healthcare (2007: +3.5%) Cash generated from operations of £6.5m (2007: £2.4m) Underlying diluted Earnings per Share (EPS) 5.6p (2007: 3.9p) £45m (net) capital raised during the period Insurance Gross Written Premium increased to approximately £240m per annum Private Medical Insurance GWP c. £150m per annum

Operati

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