Clyde & Co has posted a double-digit increase in profitability against an 8.5 percent rise in revenue for 2017-18—results that represent the insurance firm’s 20th successive year of revenue growth.

Net profit rose by 10 percent, up from £127.6 million ($168.58 million) to £140.5 million ($185.62 million) during the year, while firmwide revenue reached £551.3 million ($728.34 million), up from £508.1 million ($671.26 million) in 2016-17. Last year marked the first time that the multinational firm posted revenues of more than £500 million.

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