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Ardonagh posts 24% increase in income for 2024

By 2025-03-27T10:00:00

investment

Last year ’was a coming of age for Ardonagh,’ says group chief executive

The Ardonagh Group has posted income of £1.57bn ($1.98bn) in its full-year 2024 results, representing a year-on-year uplift of 24% from £1.26bn ($1.59bn) in 2023.

The broker also achieved a 31.2% increase in its adjusted earnings before interest, tax, depreciation and amortisation (ebitda) – rising from £413m ($521m) in 2023 to £542m ($683m) in the 12 months ending 31 December 2024.

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