NAV falls at Helical as pandemic hits values and returns

Finance generic

Helical has posted a 3.2% fall in net asset value for the six months to the end of September as the Covid-19 pandemic also led to the group swinging to a loss.

NAV for the half-year came in at £579.2m, compared to £598.7m at the end of March, while the firm racked up a pre-tax loss of £12.7m, compared to the profit of £13.1m at the same point last year.

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