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Gerald Eve posts 22% profit rise

Accounting-generic-THUMB.jpegEstate agency Gerald Eve has posted a 22% rise in operating profit to £13.8m for the full year to 5 April 2015.

Fee income for the private company rose by £1.2m to £47.3m, while total turnover increased from £44m to £49m.

Staff costs rose by 11% in the same period to £24m but expenses fell by 15% to £1.6m.

mike.cobb@estatesgazette.com

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