Noting recent media commentary regarding the uncertain future of British Steel, Hargreaves has this morning set out the Group’s potential exposure as a supplier to the business. Hargreaves has provided materials handling and other services to British Steel’s operations for almost 8 years, employing approximately 170 people in those operations. In the event that British Steel is unable to continue trading, Hargreaves has identified a possible total exceptional charge of c.£9m, resulting from a co ....
22 May 2019
British Steel Uncertainty
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British Steel Uncertainty
Hargreaves Services plc (HSP:LON) | 573 -103.1 (-3.1%) | Mkt Cap: 188.0m
- Published:
22 May 2019 -
Author:
James Tetley -
Pages:
3
Noting recent media commentary regarding the uncertain future of British Steel, Hargreaves has this morning set out the Group’s potential exposure as a supplier to the business. Hargreaves has provided materials handling and other services to British Steel’s operations for almost 8 years, employing approximately 170 people in those operations. In the event that British Steel is unable to continue trading, Hargreaves has identified a possible total exceptional charge of c.£9m, resulting from a co ....