Hargreaves Services Announces Board Changes with New COO Appointment

Hargreaves Services ( (GB:HSP) ) has shared an update.

Hargreaves Services plc has announced changes to its Board of Directors, with Simon Hicks joining as an Executive Director and Chief Operating Officer, effective June 1, 2025. Hicks brings extensive experience from infrastructure, energy, utilities, and construction sectors, and will focus on enhancing value within the Group’s Services business unit. Concurrently, David Anderson, the Group Property Director, has retired after contributing significantly to the growth of Hargreaves Land since 2018. He will continue to support the company as a consultant on select projects. These changes are expected to drive growth and innovation at Hargreaves, strengthening its operational and strategic capabilities.

Spark’s Take on GB:HSP Stock

According to Spark, TipRanks’ AI Analyst, GB:HSP is a Neutral.

Hargreaves Services scores well due to its strong financial position, characterized by stable revenue, a solid balance sheet, and robust cash flow. The company benefits from a favorable valuation with a decent P/E ratio and a high dividend yield, making it attractive to income-focused investors. While technical indicators are neutral, recent insider buying is a positive signal, suggesting confidence in future performance.

To see Spark’s full report on GB:HSP stock, click here.

More about Hargreaves Services

Hargreaves Services plc is a diversified group that provides services to the environmental, industrial, and property sectors, supporting key industries in the UK and South East Asia. The company operates through three business segments: Services, Hargreaves Land, and an investment in a German joint venture, Hargreaves Raw Materials Services GmbH. The Services segment offers materials handling, mechanical and electrical contracting services, logistics, and major earthworks. Hargreaves Land focuses on sustainable development of brownfield sites for residential and commercial purposes, while HRMS trades in specialist commodity markets and owns DK Recycling, a steel waste recycling specialist.

Average Trading Volume: 37,134

Technical Sentiment Signal: Buy

Current Market Cap: £224.4M

For a thorough assessment of HSP stock, go to TipRanks’ Stock Analysis page.