AA posts first growth in motor policies since 2008
Results for 2016 show flat revenue and trading Ebitda for insurance services.
The AA has revealed trading revenue of £131m for the year ended 31 January 2017, the same figure as achieved in the previous 12 months.
The trading Ebitda result was down £2m at £76m which the firm said was caused by higher marketing spend on aggregators.
And in-force policies dropped by 9% to 1.88m.
However the company highlighted that the decrease was triggered by a planned decline in travel insurance business.
Average premiums
Given this line has lower average premiums then the reduction
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