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Hargreaves Services ( (GB:HSP) ) has issued an announcement.
Hargreaves Services has reported significant growth in revenue and EBITDA for the year ending May 31, 2025, with a notable return to profitability for its HRMS joint venture. Despite a decrease in profits from Hargreaves Land, the company experienced increased revenue due to higher sales activity in its Blindwells project. The Group’s strong order book and debt-free balance sheet position it well for future growth, particularly in the infrastructure sector, where it has secured over 70% of its budgeted revenue for the coming year. The proposed final dividend has been increased, reflecting the company’s commitment to delivering shareholder value.
Spark’s Take on GB:HSP Stock
According to Spark, TipRanks’ AI Analyst, GB:HSP is a Outperform.
Hargreaves Services is well-positioned with strong financial performance and positive technical indicators. Valuation metrics suggest reasonable pricing with an attractive dividend yield. Corporate events highlight confidence and strategic growth potential, supporting an above-average stock rating.
To see Spark’s full report on GB:HSP stock, click here.
More about Hargreaves Services
Hargreaves Services plc is a diversified group providing services to the environmental, infrastructure, and property sectors, with operations in the UK and South East Asia. The company operates through three main segments: Services, Hargreaves Land, and a joint venture in Germany, HRMS. The Services segment offers materials handling, mechanical and electrical contracting, logistics, and major earthworks, supporting industries such as clean energy and infrastructure. Hargreaves Land focuses on sustainable development of brownfield sites, while HRMS engages in specialist commodity markets and steel waste recycling.
Average Trading Volume: 32,800
Technical Sentiment Signal: Buy
Current Market Cap: £248.8M
Learn more about HSP stock on TipRanks’ Stock Analysis page.