Merlin profits up to £3.4M

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Merlin profits up to £3.4M

Post  Admin on Sat Sep 27, 2008 7:06 pm

Merlin have reported a 33% increase in turnover and a 64% increase in profits for the FY 07/08.

During this time they have appointed a new chief exec and have rebranded the former AMG,CGS and Sigma companies.

The company have stated that their improvements were due to increased workload from the floods and market share gain.

The chief exec, Richard Webster has said that the results were due to a talented workforce and the ability to embrace new technologies and procedures.

(Taken from the Insurance times)

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Re: Merlin profits up to £3.4M

Post  Truegrit on Sat Sep 27, 2008 7:18 pm

hmmmm,

Should some of these profits be used to get Loss Adjusters qualified through CILA?

Have they made these profits at the expense of builders and suppliers?

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