
Finances improving at Oval despite £3m loss

The company made a loss after tax of £3m for the year to the end of May 2011 which was an improvement on 2010 when the company reported a £6.2m loss.
Net income increased slightly to £85m (2010: £83.6m) while EBITDAE decreased 7% to £15.3m (£16.5m: 2010).
However, the company’s operating profit, before amortisation and exceptional items, increased by 1% to £12.2m.
In the broking division, although turnover increased by £600,000, EBITDAE fell by £2.7m which the firm associated with the cost of
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Broker
Most read
- Gallagher acquires Erimus Group
- Action group vows to pursue broker Pound Gates after BI policies fail to pay out
- Goldman Sachs buys into Clear as ECI exits
- Amanda Blanc says she feels “responsible” for addressing industry sexism
- Rishi Sunak flags speedy reform for Solvency II rules
- PIB buys beauty specialist Balens
- Blog: Stonegate v MS Amlin and others - battle lines drawn in a £1bn dispute