London-centric Helical Bar returns to profit

Not only did property development and investment firm Helical Bar swing back into the black in the year ended March 31st, it recorded profits well ahead of analysts' forecasts, helped by its increased London activities.

Not only did property development and investment firm Helical Bar swing back into the black in the year ended March 31st, it recorded profits well ahead of analysts' forecasts, helped by its increased London activities.

Pre-tax profit totalled £7.4m, ahead of expectations of £6.4m and compared with a loss of £6.3m the year before.

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