Aon beats analysts’ expectations as it finishes 2011 on a high

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Aon defied the tough global economy as it increased net income 39% to $979m in 2011 compared to $706m in 2010.

Revenue in 2011 rose 33% to $11.3bn thanks to a 29% increase in commissions.

For the fourth quarter of 2011, revenue increased 3% to $3.0 billion from the prior year quarter driven primarily by a 3% increase in organic revenue.

The fourth quarter results also beat analysts’ expectations. Analysts were expecting a profit of 96 cents on 3bn revenue, instead of the slightly higher figure of 97 cents a share.

 

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