Allanfield reports revenue and profit growth after 'hectic' year
Allanfield Group has reported a net revenue of £2.1m for the first six months of 2012.
This is a 35% increase on the £1.6m reported during the same period of 2011.
Adjusted operating profit also grew by 16.8%, from £0.9m to £1m.
Darryl Noik, finance director at the real estate insurance broker, said he was pleased with the group’s achievement in what he termed a “hectic” year.
The company listed on AIM and acquired ICP in 2011, and Mr Noik stated that it was an achievement to have maintained “acceptable” profit margins, given the costs associated with these events, such as Stock
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