Hargreaves’ FY22 results highlight a material uplift in profitability, in line with recently upgraded expectations. HRMS was the standout performer as the team capitalised on very strong commodity market conditions and delivered a sustained improvement in DK Recycling’s performance. Both the Services and Land business performed well and the Group enters FY23 in excellent financial shape. Whilst the economic outlook is uncertain, we note Hargreaves’ resilience in previous downturns and believe th ....
27 Jul 2022
FY22 Results – another impressive year of delivery
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FY22 Results – another impressive year of delivery
Hargreaves Services plc (HSP:LON) | 556 -11.1 (-0.4%) | Mkt Cap: 182.4m
- Published:
27 Jul 2022 -
Author:
James Tetley -
Pages:
8
Hargreaves’ FY22 results highlight a material uplift in profitability, in line with recently upgraded expectations. HRMS was the standout performer as the team capitalised on very strong commodity market conditions and delivered a sustained improvement in DK Recycling’s performance. Both the Services and Land business performed well and the Group enters FY23 in excellent financial shape. Whilst the economic outlook is uncertain, we note Hargreaves’ resilience in previous downturns and believe th ....