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Lighthouse turnover up 20 per cent

Lighthouse Group increased its turnover by a third to £9.5m from just
under £7m in the first six months of 2003, compared to the previous
six moths.
Gross profit grew 20 per cent to £1.6m in the first half of 2003 from
£1.3m in the previous six months, but pre-tax losses rose 10 per cent
to £1m from £900,000.
Lighthouse chairman David Hickey says: “The recent Temple
transaction means Lighthouse now has a full range of IFA offerings
and with approximately 600 RIs has more advisers than ever before.”

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