Chris Woodhouse
Tilney Smith & Williamson increased its operating income to £560.8 million in 2021.
Taking the headline figure, this is an 83.4 percent increase on 2020 figure of £305.8 million, but on a pro forma basis it is a 10.9 percent increase from £505.6 million.
As 2021 is the first full year the merged firms have been integrated, pro forma comparisons for 2020 demonstrate what the results might have been in 2020 ha...