Ardonagh’s adjusted reported Ebitda for 2021 climbs 42% to £318.5mn
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Ardonagh’s adjusted reported Ebitda for 2021 climbs 42% to £318.5mn

Rachel Dalton
23 March 2022
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Ardonagh’s adjusted reported Ebitda climbed 42% to £318.5mn ($420.6mn) for 2021, while on a pro-forma basis, taking account of the impact of acquisitions that closed post-2021 and annualised cost savings, adjusted Ebitda hit £418.7mn.

The expansive broking business said that its £200mn acquisition of Portuguese firm MDS, agreed in December and awaiting regulatory approval, would ultimately add £22.3mn

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Rachel Dalton
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