Abbey Protection's revenue and profits increase
However the company only achieved a marginal claims ratio improvement of 0.4%
Abbey Protection's revenue for the six months ended 30 June 2009 was up 13% to £16.4m and its pre-tax profit rose by 10% from £3.9m in 2008 to £4.3m
The group's claims ratio also improved slightly reaching 67.7% while at the same point last year it stood at 68.1%.
Earnings per share also experienced a 10% boost, increasing from 2.84p last year to 3.11p
Colin Davison, chief executive officer of Abbey Protection, commented: "I am delighted to report another strong set of results. Despite a
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