Tysers reports 12.8% Ebitda increase for 2016

London market broker Tysers reported a 12.8 percent increase in
Ebitda profit to £10.6mn ($13.7mn) and a flat Ebitda margin of
20 percent for the full-year 2016.
Turnover increased by 12.8 percent year-on-year to £52.8mn,
but pre-tax profits fell by 92 percent to £564,000 after the
company reported a £9.6mn loss on forward foreign currency
contracts.
Turnover rose in every region, with the UK up by 19.8 percent to
£8.7mn, the rest of Europe up 22.4 percent to £