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Autonet turnover hits £37.2m

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Broker hails “excellent” results as profits and turnover for 2014 grow.

Autonet has reported turnover of £37.2m for the year ending 31 December 2014, an increase on the £33.5m posted in 2013.

Profits also grew with operating profit hitting £9.5m (2013: £8.4m) while profit on ordinary activities before tax reached £9.5m (2013: £8.3m).

The directors commented: "Autonet has had an excellent year in 2014 with gross written premium (GWP) of £116m, an increase of 5% on 2013. The extra GWP was delivered despite the business seeing an average premium reduction of 7%.

"The

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