Swinton announces pre-tax profit
High-street broker Swinton has announced pre-tax profits of £15.1m for the year ending 31 December 2...
High-street broker Swinton has announced pre-tax profits of £15.1m for the year ending 31 December 2003, against £4.8m in 2002. The company's net income rose to £95.4m from £77m the previous year, an increase of 24% on 2002. Patrick Smith, chief executive of Swinton, said: "Despite tough market conditions and increased competition, we have made a significant step forward through a substantial increase in policy-holders and record pre-tax profits."
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