Romero continues to grow in 2016
The business has no acquisition plans and intends on focusing on organic growth in 2017.
The Romero Group has reported commission and fee income of £10.25m for the year ended 30 April 2016, up 10% on the previous year (2015: £9.3m).
The results are split by its two divisions Romero Insurance Brokers, which posted income up 12% to £7.1m (2015: £6.4m) while Club Insure saw a 6% rise to £3.08m (2015: £2.9m).
Adjusted Ebitda also grew from £1.4m, up 29% to £1.8m over the previous 12 months.
A net profit was not provided due to changes in the way the business reports its results, said
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