Revenues up at Hyperion as management mulls IPO

David Howden

The group, which encompasses Howden Broking Group (HBG) and Dual Underwriting, also reported a 40% increase in Ebitda before non-recurring items and acquisition costs, at £20.6m for 2012.

David Howden, group chief executive, described 2012 as a “landmark year” for the company.

Hyperion sold its 59.5% stake in CFC Underwriting for a total of £20.8m in April 2012 and acquired Lloyd’s broker Windsor for £95m in July last year.

Mr Howden said the acquisition had helped to drive revenue

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