David Ross upbeat on organic growth at Towergate
CEO hails foundations in place with stable workforce.
David Ross, chief executive of Towergate has declared that adjusted Ebitda growth is "a nice thing to talk about" as the consolidator posted a 5.9% rise to £19.4m for the third quarter of 2016.
"This is very much an inflexion period for the company where we are transitioning from shrinkage mode into build mode," he told Insurance Age.
The rise came despite a fall in income to £80.8m (Q3 2015: £84.9m) for the three month period.
Foundations
Describing the situation as having the "foundations" in
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