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SimplyBiz-owner Fintel sees acquisitions dent profit, lift sales in H1   – Mortgage Strategy

Summary by Mortgage Strategy
SimplyBiz-owner Fintel posted a first-half fall in profit but saw revenue rise as it continued to expand through acquisitions. The Aim-listed financial services and consultancy firm said pre-tax profit tumbled 24% to £3.4m at the end of June compared to a year ago, as it bought eight firms over the last 12 months.

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