Ardonagh EBITDA up 30% as specialty business drives growth

David ross

Chief executive David Ross said the result was testament to the broker’s resilience in the face of Covid-19, aided by the group’s diversified portfolio

Ardonagh has reported EBITDA of £81m for the first half of 2020, up 30% on the same period of 2019.

Meanwhile, the broking group’s adjusted EBITDA, which strips out one-off and exceptional costs, rose by 2% to £100m.

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