Helical riding high on central London
- Interim profits before tax 66 per cent higher at £15.1 million (1999: £9.1 million)
- Development profits double on City lettings
- Interim dividend 5.00p – up 14 per cent
- Earnings per share increased by 52 per cent to 37.6p (1999: 24.7p)
- Investment property refurbishments boost future rental flows
John Southwell, Chairman said:
“Due to the successful letting at 100 Wood Street, we have had an exceptionally good six months. The repositioned investment portfolio and our development programme enable us to benefit from increased demand for space and rising rent levels in London and the South East.”
Further information, please contact:
| Helical Bar plc | |
| Michael Slade (Managing Director) | 020 7629 0113 |
| Nigel McNair Scott (Finance Director) | |
| Financial Dynamics | |
| Emma Denne | 020 7831 3113 |
