Helical grows net asset value by 30% again
Highlights
- Net assets per share at 803p (2000: 620p) – up 30 per cent
- Record pre-tax profits of £25.8m (2000: £22.0m) – up 17 per cent
- Total dividend of 12.5p per share (2000: 11.15p) – up 12 per cent
- Total Shareholder Return of 186p: 33 per cent
John Southwell, Chairman, commented: “Helical had another good year. It completed its major London developments at One Bunhill Row, EC1 and 100 Wood Street, EC2 and its investment portfolio benefited from refurbishment schemes and rising rental values in Central London. Given the more uncertain outlook, Helical has reduced gearing and increased liquidity to take advantage of any opportunities arising.”
Further information:
| Helical Bar plc |
Tel: 020 7629 0113 |
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| Michael Slade (Managing Director) |
after 2.00 p.m |
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| Nigel McNair Scott (Finance Director) |
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Issued by:
| Financial Dynamics |
Tel: 020 7831 3113 |
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| Stephanie Highett |
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View the full preliminary results 2001 (PDF, 152 KB).
