Pre-tax profit jumps at BGL for 2017

Matthew Donaldson BGL

Group reports 14% rise in underlying revenues.

BGL Group has announced a 19% rise in underlying profit before tax to £126m for the year ended 30 June 2017.

The firm, which includes comparethemarket.com and an insurance distribution and outsourcing division incorporating the likes of Junction, Budget and Dial Direct also delivered a 14% jump in underlying revenues to £585m. The comparison excluded £10m of revenue in 2015/16 that related to sales in discontinued operations.

The company which also owns French online comparison site LesFurets

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