Chicago-based Hub International Limited reported revenues rose 12.5 percent on cost cutting and higher-than-anticipated contingent fee income, but diluted net income remained almost unchanged.
"We are off to a solid start in 2006, with measurable progress on all fronts," said Martin P. Hughes, the brokerage's chairman and chief executive officer.
"Revenue is up, net earnings are stronger, acquisitions are being integrated smoothly and costs are under control. Our strategies for long-term growth are gaining momentum," said Mr. Hughes.
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