StockMarketWire.com - Charles Taylor reported narrower losses as its efforts to expand its claims services business boosted revenue.

For the six months to 30 June 2019, pre-tax losses narrowed 16% to £2.1m from £2.5m a year earlier as revenue increased 15% to £141.7m.

'Our focus on expanding our Claims Services and InsureTech businesses was achieved through new clients wins and solid organic growth with Claims Services delivering an improved margin, and InsureTech delivering a close to break-even operating result,' the company said.

The company anticipated that full-year performance would meet market expectations.


At 9:03am: [LON:CTR] Charles Taylor PLC share price was 0p at 230p



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