Hogg Robinson Group has reported “encouraging” first half financial performance, with EBITA up 14% to £13.2 million.
The group said it enjoyed “good new business wins” in the six-month period to September 30, and has maintained its client retention rate above 90%.
Chief executive David Radcliffe said: “We delivered an encouraging first half performance in line with management’s expectations.
“After adjusting for the prior year benefit of the FIFA World Cup and the current year incremental European restructuring costs, we have demonstrated our ability to grow revenue and EBITA.
“We were also successful in growing our client base. We believe that HRG continues to be well positioned for growth in the full year.”
By Bev Fearis
