Willis reports return to UK growth

joe plumeri biba2010

Willis has reported net income from continuing operations for the quarter ended 30 June 2010 was $89m. The figure is above last year’s $87m in the same period.

It also noted that net income from continuing operations for the second quarter of 2010 was impacted by a net loss on disposal of operations of $3m after tax.

According to the broker, worldwide total reported revenues for the quarter were up 2% to $799 million (2009 Q2: $784m), and total commissions and fees were $789 million, also a 2% increase from the $772m reported in the second quarter of last year.

It added that the UK and Ireland retail market recorded modestly positive growth after

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