Howden’s FY’23 revenue jumps, total acquisitions at 56

EBITDA margin stood at 31.9%.

Howden, insurance intermediary group, saw its full-year 2023 revenue surge 33% to $3.1b (£2.4b). The group also saw its adjusted consolidated EBITDA climb 30% to $983.5m (£780m).

The EBITDA margin stood at 31.9%, driven by a combination of organic growth and selective acquisitions, with a 13% organic growth rate recorded.

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In FY23, the company completed 56 acquisitions, including notable transactions such as TigerRisk in the US, March RS in Spain, and Reich Insurance in the UK, amongst others. 

(£1.00 = $1.26)