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Anthony Clark' Revenues Up By 10%

IBR Staff Writer Published 28 June 2009

Company's revenue reached $16.9 million, as compared to the previous year’ $15.3 million

Anthony Clark International Insurance Brokers (Anthony Clark) has reveiled its financial results for the year ended March 31, 2009.

The company's revenue reached $16.9 million, as compared to the previous year’ $15.3 million, an increase of 10%. Net earnings of the company were $0.8 million, as compared to a net loss of $3.5 million last year.

The company’s EBITDA reached from $1.6 million last fiscal to $3.2 million this year, an increase of 98%. Earnings per share (EPS) of the financial year ended March 31, 2009 has increased $.09 per share, as compared to a loss of $0.41 per share in 2008.

Tony Consalvo, President and CEO, said: “We remain focused on the bottom line objective of strengthening our financial position and shareholder value.