Helphire losses fall 83% as company knocks £23m off net debt

Martin Ward

Helphire has posted a statutory loss before tax of £6.3m for the full year ending 30 June 2012, an 83% improvement on the £34.1m loss reported for the same period last year.

The credit hirer's operating losses fell dramatically from £25.4m to £678 000; adjusted operating profit climbed down £3.4m to £1.4m; and exceptional costs also fell dropped considerably from £29m to

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