Swinton mulls 12 more branches
Andrew Tjaardstra Personal lines giant Swinton has announced record profits for the year ending 200...
Andrew Tjaardstra
Personal lines giant Swinton has announced record profits for the year ending 2006 and is set to expand as it integrates online aggregator its4me, which made £3.8m in profit last year, and renewals from the acquisition of Budget Retail's branches.
Pre-tax profits climbed to £37.4m in 2006 - compared to £29.6m in 2005, a 26% increase - while gross premium income was £480m, compared to £437m the previous year, a 10% rise. Revenue was £151m (2005: £125.4m). The overall number of
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