Jardine Lloyd Thompson racking up the profits

Jardine Lloyd Thompson, the insurance and employee benefits group, managed to grow revenues and profits despite the fierce Eurozone headwinds.

In the six months to the end of June underlying profit before tax increased by 12% on the prior year to £89.4m. Total revenues came in at £441.7m, an 8% increase on 2011 at constant rates of exchange.

JLT's interim dividend has been announced at 9.6p per share, up from 9.2p last year.

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Diluted earnings per share were 27.0p compared to 24.4p for the same period in 2011.

Dominic Burke, Chief Executive, commented: "JLT's continued execution of its clearly defined strategy gives us confidence in our ability to deliver year-on-year financial progress despite the difficult global economic conditions."

At 10:18 the stock had climbed 0.2%.

BS