Helphire sees year profit in line with forecasts

Mon Jul 7, 2008 7:27am BST
 
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LONDON (Reuters) - Accident-claim handling firm Helphire (HHR.L) said on Monday annual profit would be in line with forecasts but if economic conditions remained tough motoring activity, and therefore use of credit hire, might slow.

Helphire said its case load was growing less rapidly in a maturing market and that it handled 20 percent more hire cases in the second half of its financial year than in the same period the previous year, giving a full-year growth rate of 29 percent.

(Reporting by Mark Potter; Editing by Quentin Bryar)

 

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