Chicago-based insurance broker Aon Corp.'s fourth-quarter results revealed flat net income growth, but investment analysts saw positive developments in organic growth.
Aon reported net income for the quarter was flat when compared to the same period in 2005 at $224 million. However, net income per share rose from 65 cents to 68 cents helped by a lower tax rate and restructuring charges. Revenues increased 7 percent, or $166 million, from $2.28 billion to $2.41 billion.
For the year, net income was down 2 percent, or $16 million, from $737 million, or $2.17 a share, to $721 million, or $2.13 a share. Revenues increased by 5 percent, or $458 million, from $8.5 billion to $9 billion.
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