Jersey's JTC reports half-year growth of 32% YoY

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Jersey-based international trust and fiduciary firm JTC grew its revenue by 32% to £46.6m in the first six months of 2019 compared to the same period last year. JTC reported an increase in earnings of 35.2% to £14.3m and in its underlying profit margin to 30.6%, up from 29.9% during the same period in 2018. The results reflect a combination of net organic growth of 8.2% and growth from acquisitions of 23.8%. JTC, which is listed on the London Stock Exchange, highlighted the strong performance by its Institutional Client Services and Private Client Services divisions. Institutional ...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.