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Helical Bar profits fall to £11.1m

Helical Bar has reported half-year pretax profits down from £15.1m to £11.1m on turnover down £10m to £71m.

It said the impact of the terrorist attacks last month had delayed its planned re-investment in the property market.

The office development specialist said lettings and sales in central London were strong. This contributed to a 12% increase in gross rental income to £15.2m.

Financial Times 15/11/01 page 26
The Times 15/11/01 page 30 (Results In Brief)

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