CEO David Howden says revenue and GWP increases for 2019 were driven by organic growth as the broker reveals it is looking at 20 acquisition targets.
Trading update reveals provider has restated its operating profit from £125m to £110m – a drop of 12%.
Broker credited growth to renewable energy, social housing, and food and drink.
CEO Chris Rolland had warned commentators of short-term disruption back in 2018.
Total covers 10 businesses that the group bought in the year to 31 March 2019.
Losses went down for the motor provider in final full year results ahead of Policy Expert buying the broker in June 2019.
Accounting procedures and acquisition costs blamed as turnover and operating profit grow 48% and 173% respectively.
The organisation reported a loss in the year due to costs relating to the PIB deal but all other metrics showed growth.
Financial results filed for 2019 show the impact of the company’s acquisitive streak.
CEO also discusses Ardonagh’s latest set of financial results, organic growth and acquisition plans.
Restructures costing the business £60m will also take place over the next two years.
Business posts rise in reported income to £505.4m, while loss increases to £67.7m as organic growth hits 4.6%.
Motor income ticked upwards slightly but other non-life lines have fallen.
CEO Jon Dye said the business is "still in good shape" despite the slip in performance.
Figures follow an effort to streamline the provider’s operations in the UK and Ireland.
Provider also revealed that it spent £8m restructuring its UK business during Q3.
Turnover grew 20.4% and profit before tax grew 27.4% at the firm during 2018.
Business also reports falling profits due to costs related to acquisitions.
The specialist jewellery broker says results were impacted by an exceptional cost of £289,000 but also highlights "good growth".
Doncaster-headquartered broker also reported a small rise in operating profit.
The firm's broking businesses reported growth in income to £68.9m.
Insurance business shows growth in number of policies in motor and home as broker division adds Aviva to panel.
Stoke-on-Trent-based broker posts £4.5m turnover for 2018.
Underlying profit before tax fell 22.6% in retail broking and 53.3% in underwriting.