AA posts insurance growth in trading update
Company said the number of policies it manages, as well as income per policy, had risen over 2019.
The AA has published a trading update ahead of its full-year results.
Unaudited figures show that the group’s revenue increased 2% from £979m for the year ended January 2019 to £995m for the year ended January 2020.
Over the same period, profit before tax more than doubled, jumping from £53m to £107m.
As the coronavirus outbreak continues, the Financial Conduct Authority has requested that companies delay publishing full accounts until 5 April 2020.
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