National IFA firm Helm Godfrey has announced a 47% net profit increase for the first six months of 2007.
The provisional figures to 30 June show net profit has increased to £507,000, up from £345,000 at the corresponding time last year. Turnover is up 34% to £3.7m, from £2.76m. The half-year result follows the firm’s record full-year 2006 result, when it recorded a £660,000 profit and turnover of £5.9m. Helm Godfrey attributes its success to a “focus on client needs – providing clarity at a time of increasing complexity – and profitability ahead of turnover”. It says it has to grow the business through acquisitions such as Fresh Finance in August 2006 and Howard & Co in June 2007. Helm G...
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