Threesixty maintains profits at midpoint of five year plan

Carmen Reichman
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Support services provider Threesixty has reported a marginal increase in profits for 2013 as the company continues to invest in technology.

The business recorded pre-tax pofits of £195,000 last year on revenues of £5.5m, braodly in line with the £191,000 derived from an income of £5.1m the previous year. It reported a loss of £85,000 in 2011. Standard Life-owned Threesixty comprises two limited liability partnerships: threesixty services and threesixty support. The company is investing in new tools and infrastructure as part of a five year modernisation plan, managing director Phil Young (pictured) said. It has created an in-house investor profiler and automated some of its internal systems, such as contract submission...

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