Insurance Age

Towergate posts £34.6m Ebitda loss

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Consolidator's income at £352.7m in 2015.

Towergate has reported an Ebitda loss of £34.6m for 2015, compared to a profit of £32.9m in 2014.

The firm also posted an income of £352.7m in its financial results, a slight fall from last year's £376.7m. See below for performance data.

Segment performance (Figures in £m) Full year   Income Adjusted Ebitda   2015 2014 Change (£m) 2015 2014 Change (£m) Advisory 131.5 130.8 0.6 12.0 (3.0) 15.0 Retail 84.3 90.9 (6.6) 16.5 29.1 (12.6) Insurance broking 215.8 221.8 (6.0) 28.5 26.1 2.4

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