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Jardine Lloyd Thompson achieves steady growth

The conpany's risk and insurance division boosted revenue, but employee benefits was a mixed bag
July 28, 2017

For group finance director Charlie Rozes, Jardine Lloyd Thompson’s (JLT) half-year figures demonstrate “steady as she goes type performance”.  The muted market reaction reflected this show of stability, with the shares rising modestly. Against a “continued tough trading environment”, JLT achieved 3 per cent organic revenue growth, with the group growth rate replicated at JLT’s risk and insurance business, which grew its top line to £541m, representing more than three-quarters of the group’s overall sales. The employee benefits business, on the other hand, fell behind because of difficulties in south-east Asian markets.

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