Charles Taylor narrows losses as revenue bolstered by efforts to expand claims services business

09:03 11/09/2019
StockMarketWire.com - Charles Taylor reported narrower losses as its efforts to expand its claims services business boosted revenue.

For the six months to 30 June 2019, pre-tax losses narrowed 16% to £2.1m from £2.5m a year earlier as revenue increased 15% to £141.7m.

'Our focus on expanding our Claims Services and InsureTech businesses was achieved through new clients wins and solid organic growth with Claims Services delivering an improved margin, and InsureTech delivering a close to break-even operating result,' the company said.

The company anticipated that full-year performance would meet market expectations.

At 9:03am: (LON:CTR) Charles Taylor PLC share price was 0p at 230p


Story provided by StockMarketWire.com

Forex

Commodities

What the Papers Say

telegraph financial times daily mail daily express independent times
15:50 FTSE LIVE: Next plans to cut prices in the...
source: The Daily Mail
15:49 Airbnb confirms plans to go public in 2020
source: FT.com
15:47 Ovo pledges to eliminate customer CO2...
source: FT.com
15:38 Brexit/City jobs: iffy on the Liffey
source: FT.com
15:32 RingCentral: hot lines
source: FT.com
15:29 Campaigners urge UN to endorse global...
source: The Guardian
15:27 FTSE LIVE: Next plans to cut prices in the...
source: The Daily Mail
15:18 Debenhams given the green light to close...
source: The Daily Mail
15:11 Bank of England warns Brexit delay would...
source: The Guardian
15:02 Bank of England warns Brexit delay would...
source: The Guardian
[more ...]