9th Aug 2006 07:00
Helphire Group PLC09 August 2006 For release Wednesday August 9th 2006 at 07.00 Helphire Group plc ("Helphire") TRADING UPDATE Helphire's fifteen month financial period to 30 June 2006 has now beencompleted. The Board intends to make its preliminary announcement of resultsfor the period during the week commencing 11 September 2006. In the last three months of the period volumes continued to increase and a totalof 29,300 credit hire, 11,452 credit repair and 6,599 personal injury cases werehandled. The total volumes for the fifteen month period were thus 133,170credit hire, 49,236 credit repair and 32,933 personal injury cases. On anannualised basis this represents an increase of 49% for credit hire, 55% forcredit repair and 65% for personal injury when compared to the twelve monthperiod to 31 March 2005. Business levels have continued to grow through July and into August with a newall-time record for the number of hires started in a single day being set on thelast day of July. Rates of growth of business for new accounts are alwaysdifficult to predict precisely but given both the on-going increase in businessvolumes and the recent review of credit hire rates the board remains confidentin Helphire's prospects for the current financial year. Enquiries:Helphire Group plc 01225 321 205Mark JacksonDavid Lindsay Adventis Financial PRChris Steele 020 7034 4759 or 07979 604 687Tarquin Edwards 020 7034 4758 or 07879 458 364 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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