Numbers plummet for Brightside in 2015
Revenue, Ebitda and policies sold all fall for broker following a “major year of transition”.
Revenue for broker Brightside fell 15% to £59.4m (2014: £69.5m) according to its results for 2015.
Ebitda also dropped to £7m (2014: £9.2m) while the number of policies sold by 50,000 to "over 250,000". The figures were described by the business as "satisfactory in a very tough market". Broking revenue was £34.4m (2014: £39.9m).
Despite the falling numbers Brightside executive chairman, Mark Cliff, said the figures were "bang on plan".
Brightside has gone through some difficult times recently
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