Bluefin shrugs off Wentworth storm to post rising profit and EBITDA

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The Axa-owned broker saw profits rise 54% to £17.9m from £11.6m while EBITDA also jumped by 27% to reach £22.7m (FY 2011: £17.8m).

However, Bluefin's revenue took a 3.2% hit to come in at £99.8m from £103.1m during 2011.

The broker partly attributed this to the loss of business to Wentworth Alexander.

In February 2012 sister title Post reported that a former Bluefin employee, now at Wentworth Alexander, was allegedly ‘under surveillance', while Bluefin admitted it would employ private detectives

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