Finance

Helical bounces back from pandemic with strong half-year figures

By 2021-11-23T08:23:00

Gerald Kaye

Helical has posted a 2.4% rise in net asset value during the first six months of its financial year and has turned losses a year ago into profit as Covid-19 restrictions ease.

NAV for the half-year to the end of September came in at £622.6m, compared to £608.2m at the end of March, while the group made a pre-tax profit of £31m, compared to a loss of £12.7m 12 months earlier.

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