Jardine Lloyd Thompson Group PLC (JLT) has announced a rise in profits - before tax, exceptional items and goodwill amortisation for the year to 31 Dec 2001 - to £84.3m. This is up 18% from last year's profit of £71.4m.
The group's full year results fell within market expectations - analysts had forecast profits of £82-85.9m.
It says it is now "very confident about its future prospects".
Turnover also rose to £349.7m from £287.3m which showed the benefit of acquisitions, new business, strong organic growth and the effects of the hard market cycle, according to analysts.
Chairman Ken Carter said that JLT starts 2002 in excellent financial health, with an experienced management team and a refocused structure of the group's business divisions.
JLT reorganised its structure at the beginning of the year. It's two insurance-focused arms were merged into one and Steve MacGill replaced Ken Carter as chief executive, with Carter moving up to chairman.
