Argus Bermuda’s Post

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The Argus Group reports strong first half performance, with net income for the six months ended September 30, 2024 of $5.9 million, compared to $5.0 million in the previous year. Alison Hill, Group CEO, said: “We are pleased with these resilient financial results, achieved in the face of challenging macroeconomic conditions. Inflation added pressure to our margins and operating expenses, yet these solid financial results highlight the strength of our growth strategy to diversify our income sources, with our fee-based businesses helping to offset elevated health insurance claims.” Thank you to our team and stakeholders for your continued support as we deliver value to our customers, shareholders, and community. Read the full press release here: https://lnkd.in/eBdDsbNT

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