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Admiral Group PLC 1H Net Pft GBP174.5M

By Anthony O. Goriainoff

Admiral Group said pretax profit for the first half rose as revenue from insurance increased, and that challenging market conditions were turning.

The U.K.-listed car-insurance company said Wednesday that pretax profit was 233.9 million pounds ($297.2 million) compared with a restated pretax profit of GBP224.6 million…

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