INTERVIEW-Nationwide Accident sees FY11 profit up on buys

Newswire

* Forecast 14 pct growth in pretax profit for 2011 - CEO * Eyes bolt-on acquisitions in insurance, mobile business By Juhi Arora BANGALORE, Nov 30 (Reuters) - Nationwide Accident Repair Services Plc expects a 14 percent rise in fiscal 2011 profit as it plans to grow through bolt-on acquisitions, its chief executive said. The automotive crash repair company, which also provides accident administration services to the UK insurance industry, said it would target businesses with turnover ...

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