Personal Group Holdings' pre-tax profit increased by 24% to £7.7m in 2005.
The listed provider of employee benefits, insurance and consultancy services posted a trading income of £24.2m, compared with £14.2m in 2004. Personal Group's board has authorised a shareholder dividend of 3.3p, payable in May 2006.
Personal Group's chief executive, Ken Rooney, said 2005 was the company's “most profitable year ever”.
Rooney added: “This excellent performance has been achieved by the continuing development of our opportunities to market our health and protection products through worksite marketing and the successful integration of Berkeley Morgan Group following its acquisition in January 2005.”
He also said rationalisation and strengthening of the company's compliance team would continue in 2006.