Giles hits 9th in Sunday Times Profit Track 100
Independent insurance broker Giles Insurance Brokers Ltd has reached the 9th spot in The Sunday Times PricewaterhouseCoopers Profit Track 100.
The Profit Track 100 is well-respected in the business sector and ranks private companies according to their average profits over the last three years.
Over the period covered by the most recent Profit Track 100 Giles has seen its profits more than double from 2004′s annualised figure of £630,000 to £5.2m in 2007.
In the Buyout Track 100 league table earlier in 2009 the firm enjoyed a third place ranking, reflecting its status as achieving the third fastest profits growth of any UK private-equity backed company over the course of the past two years.
Giles’ growth has occurred through a combination of acquisitions (of which there were 22 in 2008) and organic expansion, which has seen the firm double in size annually for the last three years.
Chris Giles, chief executive, has described the firm’s recognition in the Profit Track 100 as an excellent achievement and expressed his own pride in Giles’ recent performance.
Category: Giles insurance broker news, Insurance News
Visited 1813 times, 3 so far today
Comments (0)
Trackback URL | Comments RSS Feed
There are no comments yet. Why not be the first to speak your mind.