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CORRECTED-Jardine Lloyd Thompson profits rise by 13 percent
March 1, 2012 / 7:21 AM / 6 years ago

CORRECTED-Jardine Lloyd Thompson profits rise by 13 percent

(Corrects spelling of Thompson in the headline)

LONDON, March 1 (Reuters) - Insurance broker Jardine Lloyds Thompson (JLT) reported a 13 percent rise in annual profits on Thursday and was confident of further progress in 2012.

JLT said underlying pretax profits for the year ending Dec. 31 rose to 147.6 million pounds ($235.78 million), with turnover up 10 percent to 818.8 million pounds. The company also raised its dividend by 7 percent to 24 pence.

According to Thomson Reuters Starmine, the mean pretax profit forecast stood at 147 million pounds.

“Our strategy, built around growing our areas of specialty, strengthening our international footprint and driving efficiency, provides us with confidence that we will continue to make financial progress in 2012,” Chief Executive Dominic Burke said in a statement. ($1 = 0.6260 British pounds) (Reporting by Sudip Kar-Gupta; Editing by Hans-Juergen Peters)

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