22nd May 2022
The Ardonagh Group has announced its results covering the three months to 31st March 2022.
Group total income increased by 44% from £200m($270m) to £288m($389m) in the first quarter of the year and Adjusted EBITDA by 29% to £86m($116m).
Organic income growth across the group was 8.2% in the quarter.
The Group invested £15m in growth drivers during the quarter, including new hires, IT system improvements and projects which will deliver new business together with long term savings and synergies.
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