KCOM'S recent restructuring programme and focus on reducing debt has paid off as the telecommunications firm returns to profit.

The Hull-based group has reported that profit before tax and exceptional items rose 71.2% to £16.2m for the half year ended September 30.

Debt has dropped a further £11.7m in the period since March 31 to £146.2m helped by an improvement in cashflow from its operations.

Revenue reduced to £210.8m from £243.6m for the same period last year consistent ......for the full story register now for free or login below...