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Article: Admiral shifts into top gear as profits rise.(Business)
- Article from:
- Western Mail (Cardiff, Wales)
- Article date:
- January 24, 2003
CopyrightCOPYRIGHT 2003 MGN Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: WILL SMALE Assistant Business Editor
MOTOR insurance group Admiral is continuing to drive in the fast lane of profit growth, its chief executive Henry Engelhardt said yesterday.
Chicago-born Mr Engelhardt said the Cardiff-based business would report another set of record results when it reports its end-of-year accounts for 2002 in May.
Celebrating its 10th anniversary this year, Mr Engelhardt, who is the current The Western Mail's Busi-ness Achiever of the Year, also ruled out floating Admiral in the short-term. With the ...