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Lark posts turnover and Ebitda rises in 2014

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Broker delivers organic growth for the 12 month period.

Lark Group has reported increases in turnover and Ebitda for the year ended 31 December 2014.

The broker saw turnover rise by 6.5% to £26.11m (2013: £24.52m) and Ebitda move up 5.7% to £6.34m (2013: £6m).

The firm bought Insurance Risk Solutions (IRS) in July last year.

According to Lark, IRS contributed 3.3% to the rise in turnover with the remaining 3.2% coming from organic growth.

Organic growth
It also added 1% to the increase in Ebitda, again with the remaining 4.7% generated organically.

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