Tysers reports improved revenue as profit dips slightly

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Broker's chairman says there are strong opportunities despite market challenges.

Tyser & Co has reported revenues of £38.7m for 2013, compared with £37.6m in 2012.

Pre-tax profit fell slightly from £7m to £6.8m, which the company attributed to “expenses incurred in investment and recruitment”.

Christopher Spratt, Tysers chairman, said: “We are pleased with our performance in this challenging and evolving market.

"We have made significant investment in systems and recruitment this year and we look forward to seeing the benefits of this during 2014 and beyond.”

Industry

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