Bibby Financial Services announce 84% growth in pre-tax profits
Bibby Financial Services has today announced an 84% growth in pre-tax profits to £34.3 million, following a 25% growth in new business year-on-year in 2010. With a client base of more than 5,000 factoring £5.8bn debts around the world, all of the company’s 13 global businesses have been trading profitably. In addition, the acquisition of Kopparberg Finans based in Sweden and Aston Rothbury in the UK has supported its growth ambitions. Looking to the East, the Hong Kong office has strengthened its position supporting trade between the emerging Chinese economy, the USA and Europe and is now spearheaded by new chief executive for the Asia-Pacific region, Ian Watson.
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