Restructuring costs have hit outsourcing firm Xchanging as it continues to rebuild after a huge loss and impairment charges in 2010.

Operating profit fell from £21.7 million ($33.2 million) for the first half last year to £3.2 million ($4.9 million) for the first half this year.

The insurance segment continued to perform well with revenue increasing from £87 million ($133.2 million) to £92.7 million ($142 million), and adjusted operating profit up 16.1% to £15.9 million ($24.4 million).