Hargreaves’ full year trading update contains no surprises, confirming that underlying trading for the year to May ’19 has been in line with expectations. It has been a turbulent year for Hargreaves, given the previously reported customer insolvencies (Wolf Minerals and British Steel), but it has also been a year of significant progress in terms of debt reduction (from £31m to £18m) and first conditional plot sales at key residential development site, Blindwells, near Edinburgh. We expect Hargre ....
04 Jun 2019
In line full-year trading update
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In line full-year trading update
Hargreaves Services plc (HSP:LON) | 571 11.4 0.4% | Mkt Cap: 187.3m
- Published:
04 Jun 2019 -
Author:
James Tetley -
Pages:
3
Hargreaves’ full year trading update contains no surprises, confirming that underlying trading for the year to May ’19 has been in line with expectations. It has been a turbulent year for Hargreaves, given the previously reported customer insolvencies (Wolf Minerals and British Steel), but it has also been a year of significant progress in terms of debt reduction (from £31m to £18m) and first conditional plot sales at key residential development site, Blindwells, near Edinburgh. We expect Hargre ....