Brightside posts record results for ninth consecutive year
Brightside Group has reported an almost 35% increase in profit, to £13.6m in 2011 from £10.1m in 2010
EBITDA increased by 37% to £18.5m for 2011, compared with 37% in 2010.
The positive results also saw revenue increase by 21.5%, from £66.2m in 2010 to £80.4m last year.
The figures were achieved with the Bristol-based broker reporting a 30.7% uplift in insurance policy sales to 444,189 [2010: 339,916].
Arron Banks, chief executive of Brightside, highlighted that 2011 was the ninth successive record year for the company.
He said: “We have made great strides towards our goal of becoming a become a
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