Member Article

York’s CPP Group revenue down 41%

York-based CPP Group, retailer of life assistance products, has reported that Group revenue from continuing operations has declined, down 41% compared to the same period in 2013, primarily due to the performance of the UK business.

Brent Escott, chief executive officer, commented: “We continue to make good progress. Our priority is to strengthen the Group as we develop our longer term strategy for growth and move forward with a more stable foundation.

“We are focused on completing the process to review claims and, where appropriate, pay redress, managing our costs and continuing to make the improvements and changes required as we rebuild, improve, modernise and evolve.”

This was posted in Bdaily's Members' News section by Clare Burnett .