News blog
CBG Group
- BY: Andrew Hore |
- POSTED: 19/02/2010 |
Insurance broker CBG Group has sold non-core personal insurance operations to Swinton.
The operations generate £370,000 in annual revenue but make no profit contribution.
CBG focuses on corporate insurance business. Daniel Stewart forecasts profits of £1m for 2009, rising to £1.5m in 2010. The dividend is set to be maintained at 0.7p a share.
CGB is expected to report 2009 figures on 23 March.
At 53.5p a share, CBG is valued at £8.38m.
© 2024 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- Browse by issue
- All issues
- Popular tags
- All tags
- AIM Micro feeds
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds
|