Broker Tullett Prebon’s preliminary results for the year ended December 31, 2007, show that the company’s revenue rose 20% to £753.8 million, using constant exchange rates. Its operating profit rose 19% to £131.8 million. Adjusted profit before tax came in at £114.4 million.
Commenting on the results, Tullet’s chairman Keith Hamill said: “Our focus in 2007 has been to prioritise growth in revenues and to develop our electronic broking capabilities, and we took a number of actions in pursuit of these objectives.
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