Harworth Group Reports Robust 2024 Financial Performance with Strategic Growth Initiatives

Harworth ( (GB:HWG) ) just unveiled an update.

Harworth Group PLC reported strong financial results for 2024, showcasing significant growth in revenue and land sales. The company’s EPRA NDV increased by 8.5% to £719.5 million, driven by landmark sales to Microsoft and Frasers Group, and record residential plot sales. Harworth’s strategic focus on sustainable developments and its ability to navigate the macro-economic environment have positioned it well for future growth. The company plans to continue expanding its development pipeline, aiming for £1 billion of EPRA NDV by 2027, while enhancing its core investment portfolio with modern Grade A industrial and logistics assets.

More about Harworth

Harworth Group PLC is a prominent land and property regenerator, specializing in sustainable developments. The company focuses on transforming land into industrial, logistics, and residential spaces, primarily in the Midlands and the North of England. Harworth’s market focus includes capitalizing on emerging sectors like data centers and addressing the structural undersupply in the UK property market.

YTD Price Performance: -2.06%

Average Trading Volume: 177,474

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £532.5M

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