Hargreaves Services has announced strong interim results driven by positive progress across all three divisions including strong contributions from major infrastructure projects. We increase our FY26E and FY27E revenue by 6.2% and 3.0% respectively and raise our PBT forecasts for FY26E and FY27E. The company has announced a 5.4% dividend increase and a further return of cash via a planned £15.0m tender offer. We maintain our Buy rating and 930p target price
