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FBD Holdings reports profit increase

31/08/2005 - 09:48:15
Insurance and financial services group FBD Holdings has reported an almost €20m increase in profits for the first six months of 2005.

The group announced an operating profits increase to €86.8m compared to €67.3m in the previous half year.

They said: "With clearly defined business development plans and a committed organisation, we are well positioned to continue to successfully pursue the group's primary objective, namely, to utilise capital to deliver long term sustainable returns at levels that reward shareholders."

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