Ardonagh Q1 Ebitda rises 52% to £66mn as specialty unit surges

20 May 2021

Ardonagh Group increased its Ebitda by 52% to £66.3mn ($93.6mn) in the first quarter, following a year of further M&A and organic growth.

The group’s margins expanded by 6 points to 33.2%, while revenue increased by 25% to £199.7mn during the quarter.

The

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