Bluefin reports £17m post tax and amortisation loss

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Turnover increases 3% to £122m as consolidator hails the successful delivery of organic growth and acquisition strategy.

The Bluefin Group results for 2015 have shown a post tax and amortisation loss of £17m and a pre tax and amortisation profit of £1.2m.

This compares to a pre tax and amortisation loss of £7.2m and a post tax and amortisation loss of £23m in 2014.

Turnover also increased to £122m from £118m in 2014 and net operating revenue grew to £100.6m (2014: £98m).

Meanwhile expenses increased to £80.1m last year from £74.2m in 2014.

The figures resulted in Ebitda of £20.5m, down from £23.8m in the prior

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