Hargreaves Services (GB:HSP) has released an update.
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Hargreaves Services PLC reported a mixed financial year ending May 31, 2024, with a strong performance in their Services and Hargreaves Land divisions offset by reduced profitability in their German Joint Venture, HRMS. Despite a decrease in overall profit before tax to £16.9m from the previous year’s £27.3m, the company is set to progress with a debt-free balance sheet and a solid pipeline of secured revenue. They also plan to capitalize on renewable energy land assets, expecting to bring the first tranche to market within the current financial year.
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