APRIL announces consolidated sales of €766.3m in the full year 2014, down 1.6% compared to 2013.
After adjusting for -€0.6m in consolidation scope changes and -€5.6m due to foreign exchange movements, mainly in commissions in the Property & Casualty division in South America and Canada, like for like sales are slightly down 0.8%. Brokerage commissions declined 2.8% to €478.9m, while insurance premiums grew 2.8% to €287.4m.