Harworth (GB:HWG) has released an update.
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Harworth Group PLC reported a robust first half of 2024 with a 3.5% increase in EPRA NDV to £687 million and a total return of 4.0%, indicating strong performance and growth in the Industrial & Logistics sector. The company also noted a significant 164% rise in operating profit to £21.1 million. Harworth’s strategic focus on direct development in the Industrial & Logistics sector is set to drive their Investment Portfolio towards a £0.9 billion target by the end of 2029, underpinned by a substantial land pipeline capable of delivering significant Gross Development Value.
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