Brightside says half-year results would be "envy" of brokers

Martyn Holman

The Bristol-based broker saw revenue rise by 10% to £43.6m (H1 2011: £39.8m) and pre-tax profit jump by 14% (H1 2011: £7.2m) for the six months ended 30 June 2012.

Net profit margin - based on pre-tax profit - also rose by 19% compared to 18% during the same period last year.

Although total policy sales were down 5% to 227,610 from 240,665, chief executive Martyn Holman insisted it reflected on the group's strategy to focus on profitable business rather than policy volume.

While the business

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