Profits up for CDL Group in 2018

balance-sheet

Software house, CDL Group has reported a rise in profit before tax of 4% to £8.6m in the year ending 30 September 2018 compared to £8.3m in 2017.

The firm’s operating profit increased by 3.0% from £8.2m to £8.5m. And its revenue went up to £55.8m from £52.7m in 2017.  

CDL stated in its results report that it was focusing on research and development and during the year it was investing in its Chorus mobile platform, which uses technology to provide insurance recommendations.

CDL commercial

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